Moneyworld Reviews

Scam site

Used this site as it was recommended by Martin Lewis for life insurance Went through the quote process and after paying the 25 pound fee it just redirected me to the Insurance companies website where I had to fill out all my details again and got a completely different quote This site is just a scam

Owner leaving his own review pretending to be a customer

I was looking for life insurance and came across this company s website so whilst doing my due diligence checking for reviews of the company etc I was apprehensive to proceed It s telling when one of the only two 5-star reviews on Trustpilot appears to be written by the owner of the company himself or as a very big coincidence would have exactly the same name as him and writing the review as if he was a customer I am of course referring to the reviewer with the initials JL If you look at the bottom of the Moneyworld website you can see the exact same name

Saved me loads

Saved me loads Rather using a door to door broker I found this website and it got me a great monthly price for a fee of 25

0 25 commission on annuity purchases - most cost effective broker by far

I purchased an annuity from Moneyworld in September 2023 on a commission based route rather than advised fee route as I knew exactly what product features I wanted I had already taken advice from the governments free pensions advice service and done extensive research This was the most cost effective way by miles to buy my annuity which gave me a payout of nearly 1000 per year more in pension My pension is RPI inflation linked too This was because the broker at Moneyworld was prepared to payback all but 0 25 of his commission into my pension plan so there was more of my money to buy my annuity which in turn means I got a higher payout In hard figures one mainstream broker would have taken 6 682 from my fund 3 5 in commission just to sell me an annuity frankly I think that is nothing short of criminal Hargreaves Lansdown would have taken 5 136 from my fund 2 69 in commission which is not much better although the payout they were quoting on their online quote service was one of the best In contrast Moneyworld took 477 0 25 in commission from my fund after negotiating an individualized quote with the best annuity provider for my needs that I had already found in quotes online In more meaningful hard figures this meant that the annual annuity payout to me was improved by very nearly 1000 a year compared to the quotes from the mainstream brokers Not only that the service I received from my broker at Moneyworld was excellent So for a bit of time effort looking into and understanding all the options making my mind up what I wanted then liaising with Moneyworld to obtain a more personalized quote I have secured almost 1000 a year extra pension income for my retirement which I will benefit from for every remaining year of my life I can t recommend Moneyworld s cost effective personable efficient service highly enough

Excellent service from Moneyworld

Excellent service from Moneyworld The clients facing team is very professional and friendly at the same time Very diligent and reliable team

Great service excellent value

Been using Moneyworld for the past 8 or 9 years always received great service from the team Mark and Mel

Excellent service

I asked Moneyworld to help me set up an annuity from a personal pension pot on an execution only basis after being frustrated by how much I would be charged by local financial intermediaries for the same service Using Moneyworld helped me to reduce my costs by 80 compared to the most expensive quote Despite the competitive costs the level of customer service received was exemplary with excellent communication and proactive management throughout I would fully recommend Moneyworld to friends and family

Great customer service

I needed a refund from this company as the Life Insurance wasn t suitable I was emailed back quickly refunded promptly and also got a courtesy phone call