Update by user Dec 05, 2016
It is the advisor from Montpelier Group that has mislead me and not RL360. RL360 is only guilty of providing a hard to understand and bad product.
Original review posted by user Dec 05, 2016
I also *** up! Yes, just another fool that got sucked in.
I entered the Quantum plan November last year and has been paying 3000usd/month on a 20year plan. I understand the plan now and if I finsh my initial period I will have to pay ~420usd/month just to cover the charges. If I chose to continue with just 300/month after the initial period Ill end up making 17000usd in 20 years - and I dont even think that accounts for inflation...... Yesterday I have sent a proposal to RL360 about transferring my current payments to an Oracle account instead of surrendering.
Hope to get an answer of sorts from them during this week. - Niels
Product or Service Mentioned: Royal London 360 Quantum Savings Plan.
Reason of review: Not as described/ advertised.
Preferred solution: Full refund.