Teachers Assurance Tax-Free Savings Plan

suziewuzie

Thank you both - I'll see if I can find a local IFA - what's the going rate for a session?

jem16

suziewuzie wrote: »

Thank you both - I'll see if I can find a local IFA - what's the going rate for a session?

Could be anywherer from £150 to £250ph. First consultation would be free but won't go into much detail. from there a fee, either hourly or in total, would be laid out so you can see if you want to progress with it.

dunstonh

what's the going rate for a session?

There is a joke in there

Remember that fees can be deducted from product and usually work out cheaper than commission.

suziewuzie

dunstonh wrote: »

There is a joke in there

Remember that fees can be deducted from product and usually work out cheaper than commission.

oops! I could have phrased that in a better way! Thanks for the advice.

jimjames

suziewuzie wrote: »

What do you think of other Teachers Assurance products like S&S ISAs and other 'investments'? I have a lump sum coming from my pension and really don't know how best to save/invest it. I am assured that you don't pay any up front fees with TA - is this completely outweighted by the charges on all their a/cs? I will not be able to do my own S&S Isa as I am pretty clueless about what shaes to buy etc. Maybe I should just blow the money on a new car and holidays! I'm just so scared of being hard up as I get older, and having my life choices restricted because of lack of funds.

You can get ISAs from lots of other places too liek Hargreaves Lansdown or III and they don't need you to choose the shares to buy. You can get funds like trackers where you have no selection of shares, they just track an index like the FTSE100.

Very low charges (no initial/up front charges) and very flexible unlike most ISAs from places that just sell their own.