PKF Newcastle
| Address | 755 Hunter St, Newcastle West NSW, Australia | ||||||||||
| Phone | +61 2 4962 2688 | ||||||||||
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| Website | www.pkf.com.au | ||||||||||
| Categories | Accountant, Financial Planner, Liquidator | ||||||||||
| Rating | 1 1 review | ||||||||||
Nearest branches PKF — Suite 2/184 The Entrance Rd, Erina NSW |
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PKF Newcastle reviews
1Douglas
19 March 2018 10:52
I spoke to PKF Wealth, Newcastle, 8 months ago and was led to believe that I could expect 7% returns on my pension fund.
I invested and I was told it was a good time as the market was down.
I elected to take the minimum pension so that my capital would grow.
My capital dropped $20k in the first month and another $11k in the 2nd month.
It has never recovered to my original investment. At the end of January, I had total returns (after costs) of $10k and I had fees of $13k.
If I had left my money in my old Super Fund, using the same portfolio, in a pension fund (income stream), I would have been $58k better off.
All that was before the correction this month.