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Can I Change My IFA ?

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Comments

  • counteroff
    counteroff Posts: 7 Forumite
    Thank you to all who replied. Maybe I need to seek out a a 'truely' independent financial advisor.
    rather than an associate company of a building society.
    If I understand correctly,paying an up front fee is better value for money than paying commission ??
  • Vortigern
    Vortigern Posts: 3,305 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    counteroff wrote: »
    Vortigern,
    You ARE jumping to the wrong conclusion,I am a person seeking financial advice and that is all.

    In that case, I apologise profusely.
  • counteroff
    counteroff Posts: 7 Forumite
    Vortigern wrote: »
    In that case, I apologise profusely.

    No problem,thanks;)
  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    counteroff wrote: »
    I too was considering this company. When I phoned them,they informed me that they were a completely separate company to the building society and they offered 'whole of market' advice.
    If nothing else it's worth taking a look at their maximum commission table, as it's pretty sobering stuff!

    http://www.skiptonfs.co.uk/your_sfs_experience/cost_of_services.php

    For example, up to 8% on lump sum contributions to a pension and up to 5.75% on collective investments, plus 0.75% per year.
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
This discussion has been closed.
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