We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

Pensions and LISA

Options
2»

Comments

  • dunstonh
    dunstonh Posts: 119,676 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    It was definitely life insurance that two of them wanted to sell me so "all" was a bit of an exaggeration, two thirds would be more accurate.
    Were these IFAs or FAs?
    FAs would not surprise me. Most of them were life assurance company agents. IFAs would surprise me though. I was in a meeting of local IFAs earlier in the year and not one of the IFAs in the room did insurance themselves. It was left to the mortgage/insurance advisers within their firm.
    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: »
    Were these IFAs or FAs?
    FAs would not surprise me. Most of them were life assurance company agents. IFAs would surprise me though. I was in a meeting of local IFAs earlier in the year and not one of the IFAs in the room did insurance themselves. It was left to the mortgage/insurance advisers within their firm.

    The first one was definitely an IFA. The second was an IFA but tried to punt me on to a colleague to get life insurance. I suspect that as I am based in Aberdeen and work in the oil industry that he might have been trying to go for anything he and his company could get because it happened during the downturn. Then again I might just be too cynical.
  • It turns out I have another investment. My grandparents bought me £10 of premium bonds when I was born. I'm not holding my breath but you never know I could be a millionaire. :rotfl:
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
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K 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.