AES
 

Does anyone have experience of AES (Touting themselves as a Private Bank) but really want to get their hands in your pocket for Endowment Policies, and get the contact details of your mates?

Re: AES
 

They cold-called me last week - made a change in that it was a female caller. Told them where to go in as many words.

Re: AES
 

They appear to have problems in keeping their staff! - No mention also on the Website that they are a Private Bank!

Re: AES
 

Look out............... :huh:

http://www.international-adviser.com...-over-aes-move

Re: AES
 

.......... by the way - in what way are they suggesting they are a Private Bank? They are certainly not, and they cannot under any circumstances act as a principal in a transaction.

Re: AES
 

Thanks for the link. They are actually quite blunt by saying 'We are a Private Bank.'

Re: AES
 

Yeah, that seemed to be their main selling point, apart from the fact they are based in Emaar Square which seemed to be another high plus point in their sales tactics.

Re: AES
 

It's very simple. Never deal with any company that cold calls. It's shabby.

Too many financial companies just tell lies on the phone. :sneaky:

Re: AES
 

Didn't get anyone cold calling me.. was actually recommended by a guy in the office. Got some life assurance through one of their wealth managers and putting something aside each month, into some funds. quite happy with the guy on their side.

Re: AES
 

'Wealth managers'. An utterly pretentious title.

:rolleyes:

Re: AES
 

not sure he's actually called that - just the one that came to me, as I was writing the thread.

Re: AES
 

There are many salespeople in the UAE who use that particular title as they think it makes them sound better. It doesn't.

Re: AES
 

I would do a second pass on that one, if I were you! - They want to get contact names and numbers from each punter. This is mentioned at the beginning (Hence how they got my phone number). I didn't proceed any further.
BTW: Cold Calling to a Landline is Illegal in the UAE

Re: AES
 

Rather like being given a Business Card from a jumped-up Office Boy, to find that he is 'Vice President.'

Re: AES
 

er... I would do a second pass yerself mate. I asked my colleague who he used for his life insurance - he recommended the guy who did his (who happens to work at AES). Tricky to get your head around it I know, but do try.