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Retirement - do I need an IFA?

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Comments

  • jem16
    jem16 Posts: 19,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    As far as funds go, the IFA I saw wanted 4% - I can pick just as well as their 'expert' and invest for free with any of the funds supermarket.

    So what funds did you choose out of interest?
  • dunstonh wrote: »
    No there isnt Whiteflag. I mean feesarefare or whatever name you are using at the moment ;)

    Yeah yeah very funny . It's quite sad that people have to change their names because you report anyone that disagrees with you (I appreciate that any bad press on here obviously has a big effect on your business model) If you fear chartered financial planners that use modern planning techniques just ignore their posts rather rubbishing their tools that you clearly know nothing about. Keep picking funds !! Lol
  • jem16
    jem16 Posts: 19,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yeah yeah very funny . It's quite sad that people have to change their names because you report anyone that disagrees with you

    Pub's out again! Watch out for those abusive pms folks ;)
  • jem16 wrote: »
    Pub's out again! Watch out for those abusive pms folks ;)

    Even professionals can snap after the continual goading going along here!:D
  • Quentin
    Quentin Posts: 40,405 Forumite
    The use of the word "professional" in this discussion was intended to be ironic.

    The behaviour of some supposed regulated salesmen seen here is far from professional! But at least it gives us an insight.
  • Quentin wrote: »
    The behaviour of some supposed regulated salesmen seen here is far from professional! But at least it gives us an insight.

    What a strange comment- You do realise that Dunstonh is the only regulated salesman on here dont you?
  • Quentin
    Quentin Posts: 40,405 Forumite
    edited 27 October 2010 at 10:18AM
    No I didn't.

    But there is no need for any clarification, we can see the rogues quite clearly. (Though in the case of one of them, we can't as his posts already have been removed)
  • Quentin wrote: »
    No I didn't.


    No problem


    Just out of interest Quentin what did you think of the Prestwood Etheridge site?
  • dunstonh
    dunstonh Posts: 120,201 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 27 October 2010 at 11:07AM
    Yeah yeah very funny . It's quite sad that people have to change their names because you report anyone that disagrees with you (I appreciate that any bad press on here obviously has a big effect on your business model)
    I never reported you. I didn't need to. All the others you sent abuse to did that. Your comments don't damage my business model. They damage you.
    If you fear chartered financial planners that use modern planning techniques just ignore their posts rather rubbishing their tools that you clearly know nothing about. Keep picking funds !! Lol
    I have had to generate 3 complaints against IFAs in recent years unfortunately. All three were chartered financial planners. Two for sure were big on cashflow planning as I saw the binders full of pages of data. Their advice was dire and the complaints have been upheld. I have no fears of CFPs as unfortunately, it seems that they have to try and make their recommendations more complicated and unusual as a way to make themselves look better than anyone else that isnt as qualified as they are. It is not unusual for CFPs to bad mouth the rest and its clear that you follow that exactly.
    What a strange comment- You do realise that Dunstonh is the only regulated salesman on here dont you?
    Have you been banned by the FSA then? If not, then we hold same authorisations. So, whatever you call me will apply equally to you.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • dunstonh wrote: »
    I
    have had to generate 3 complaints against IFAs in recent years unfortunately. All three were chartered financial planners. Two for sure were big on cashflow planning as I saw the binders full of pages of data. Their advice was dire and the complaints have been upheld. I have no fears of CFPs as unfortunately, it seems that they have to try and make their recommendations more complicated and unusual as a way to make themselves look better than anyone else that isnt as qualified as they are. It is not unusual for CFPs to bad mouth the rest and its clear that you follow that exactly.

    Thats shocking!!! - can you give some more background to these cases and how their advice and was dire. Im sure the IFP etc would be interested to hear about this as well.

    Can you also reply to my post #24 please
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