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Change Mortgage Advisor - trail fees question

AMO
Posts: 1,464 Forumite
Hi all,
If I am not happy with my current pensions advisor, can I get a new one and get the trail fees paid to him and have him sort out my pensions?
Will this cause problems and increase my trail fees?
Thanx
AMO
If I am not happy with my current pensions advisor, can I get a new one and get the trail fees paid to him and have him sort out my pensions?
Will this cause problems and increase my trail fees?
Thanx
AMO
0
Comments
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Most pensions do not pay trail commission and many do not pay renewals. You can appoint a new adviser but the new one may not get anything for it and may not be willing to service it for nothing. Even where there is renewals being paid, often they are tiny.
However, change of servicing agency is a doddle and doesnt cost you anything.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.0
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