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can a member of your family be a independent finacial adviser?

tigger74 · 2012-02-19 17:00:28

just wanted to know what people think to this subject Say a close member of your family was an idependent finacial adviser and were preparing mortgage application papers and being maybe creative with the truth on your behalf. As in they knew you had the last pay slip and were going on maternity for 12mnths where would they…

Comments

CKhalvashi Posts: 12,134 Forumite

19 February 2012 at 9:55PM

tigger74 wrote: »

my main question is can a member of your family be independent when advising you on finacial matters.?

and can they be independent when acting as the broker to a mortgage or loan or any other sector while they earn sales on this?

This is why I always choose a fee-only, rather than a commission IFA for anything I can’t do myself.

💙💛 💔
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