Sipp

bigadaj

Thrugelmir wrote: »

I suspect there's plenty more of the same breed. Probably were mortgage brokers in an earlier career. Before that Everest double glazing salesmen.

Always one step ahead of the regulators.

My statement was really an expression of surprise at manias starightforward response and approach. It contrasts with a similar story of an ifa attempted rip off on another thread which dunston has almost tacitly approved rather than condemning which is disappointing.

dunstonh

bigadaj wrote: »

My statement was really an expression of surprise at manias starightforward response and approach. It contrasts with a similar story of an ifa attempted rip off on another thread which dunston has almost tacitly approved rather than condemning which is disappointing.

Hey? I havent approved of any rip off on another thread.

bigadaj

dunstonh wrote: »

Hey? I havent approved of any rip off on another thread.

That's what I read on the savings board, 'advice please -- first visit to an ifa'.

atush

Well I can't believe it, so I am going to go have a look. but I guess I will have to do a search.


If you were convinced of your accusation, surely you would have linked?

dunstonh

That's what I read on the savings board, 'advice please -- first visit to an ifa'.

You mean this thread:
https://forums.moneysavingexpert.com/discussion/5024850

The one where I said in #9 (my first post)
Some IFAs charge a lot. Some charge a lot less. The expensive ones expect not to get as much business but then they dont need to as they can earn the same as lower cost ones but do quarter of the workload. This one is expensive.

and in post #12
I can understand the multiple stage charge (advice, research, report). That is fair enough. The amount is just greedy.

atush

bigadaj wrote: »

My statement was really an expression of surprise at manias starightforward response and approach. It contrasts with a similar story of an ifa attempted rip off on another thread which dunston has almost tacitly approved rather than condemning which is disappointing.

Read the thread, suggest you do so again.

D said the advice was too expensive. I did not see him justify the fee.

Like I have said before, right now I don't have an IFA. but I do think the IFA bashing here is epidemic and for a large part, not defensible.

bigadaj

atush wrote: »

Read the thread, suggest you do so again.

D said the advice was too expensive. I did not see him justify the fee.

Like I have said before, right now I don't have an IFA. but I do think the IFA bashing here is epidemic and for a large part, not defensible.

That's up to you. Not condemning soemone in the same line of work who is trying to rip off customers is to me absolutely unacceptable. Just to shrug your shoulders and say that's up to them, a different business model etc is something I wouldn't accept, were all different but treating punters as mugs isn't acceptable in my view.

That contrasts with manias comments on this thread which is why I was drawing the distinction. Much of dunstons advice is excellent but a failure to condemn another ifa in this context is in my view a failure.

bigadaj

atush wrote: »

Well I can't believe it, so I am going to go have a look. but I guess I will have to do a search.


If you were convinced of your accusation, surely you would have linked?

There is a worrying tendency on these boards sometimes of promoting a cosy consensus between regulars which needs challenging. Certainly view people's contributions in line with their history and level of advice, but no one should be above criticism or challenge, and there should be a range of views and opinions, if there isn't that's not healthy.

If I go overboard then I may get pprd, but it's my opinion which I stand by.

OldBeanz

No professional would condemn another professional about their charges without knowing the full circumstances. The charges may look high but we do not know the full basis of the work from the level of information generally being discussed here.

atush

bigadaj wrote: »

There is a worrying tendency on these boards sometimes of promoting a cosy consensus between regulars which needs challenging. Certainly view people's contributions in line with their history and level of advice, but no one should be above criticism or challenge, and there should be a range of views and opinions, if there isn't that's not healthy.

If I go overboard then I may get pprd, but it's my opinion which I stand by.

I am not cozy with that poster, but again you missed my point.

I went and searched out the thread you mentioned but could not be bothered to link to. And I did not see him justify the charges, and he did say they were high.

and yes, sometimes we need to keep a check on posters. I just checked that thread, and didn't not see what you said you did. As said above, we dont know the full facts of the case you mentioned so saying the charges seemed high was enough.