1 reviews | Active since May 2020
*****e at liberty life
Liberty de*****ed me of 20% of my value of my life annuity. They reduced my units/shares by 20% in sted of reducing the value Funding their losses due to corona-19.
Liberty acted swiftly to protect and preserve the interests of all our investors in two ways: •In line with our property valuation governance process, we engaged with the property managers and the independent valuers to assess the expected impact on LPP. Based on the various inputs, including scenarios prepared by the external valuers and data from our tenants and centres, we adjusted the capital value of the investments held in the portfolio as at 30 March 2020. This adjustment resulted in a 20% reduction in the value of the properties held by LPP
I have lodged a case of *****e against them at the ombudsman. Do not trust them they never achieved returns more than 9% so they will never retu n my 20% they stole.
