So the OMI “life bond” costs almost six times as much as the Novia Global platform. But that is if you are locked in for five years. You can get it cheaper – 1.5% – if you get locked in for ten years. But you must remember that if you are scammed, then OMI will have paid the scammer an 8% commission and you could get stuck with paying the quarterly fees for the next ten years, even if you’ve figured out you’ve been scammed. And the quarterly fees are based on your original investment – not on the impaired amount. If you’ve been scammed, and your fund value drops inexorably, the 1.5% will become bigger and bigger. And even if you lose your whole fund, OMI will keep taking their charges and pushing you further and further into debt. Read the full blog here - https://pension-life.com/novia-global-vs-old-mutual-international/ #trainwreck #omi #fatcontroller #thomasthetankengine # debt #commission #lifeoffices d #nokiaglobalplatform #fiveyears #quarterly #lockedin #lockin #scammers #scammers #pensionlife #pensionscammers #pensionfund #pensionscam #fundvalue #value # exit penalty #spanishmoney #spanishlife #expatlife https://www.instagram.com/p/Bt3TXNLBBAC/?utm_source=ig_tumblr_share&igshid=1blc6clwqqetm
