📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Capital and income bonds

Options
13»

Comments

  • dunstonh
    dunstonh Posts: 119,765 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Lol, it's posts like this that make me think you are here to defend the fund management industry!!!

    Fund management industry has nothing to do with investment bond pricing. So, how do you work that one out?
    You seem to suggest that products that pay 8% commission are OK if this commission is paid over a few years and not paid up front?

    And where have I said that? Try and stick to facts or do we need to report more of your posts and get them removed for continued misinformation and personal attacks?
    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: »
    And where have I said that? Try and stick to facts or do we need to report more of your posts and get them removed for continued misinformation and personal attacks?



    You say that some of those products paid 8% commission, then a couple of sentences later you say "this is one area where the commission system could actually favour the consumer".


    Sorry, but imho 8% commission is far too much for an investment product, no matter if the 8% is paid at once or over a few years.


    You report away if you see fit. You don't really need to ask my permission...
  • dunstonh
    dunstonh Posts: 119,765 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    You say that some of those products paid 8% commission, then a couple of sentences later you say "this is one area where the commission system could actually favour the consumer".

    That is correct. However, I never said 8% commission was ok.
    Sorry, but imho 8% commission is far too much for an investment product, no matter if the 8% is paid at once or over a few years.

    So why didnt you say that rather than make up things?
    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.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.