Cetv and age query

Nuttyboy

He is independant. Its something ive initiated but he has steered me to true potential with their transfer rate of 1% for him.have you got concerns with true potential?

Seabee42

I am very surprised an actual independent would recommend true potential why are they better than the much lower charging competition? For what reason did they select them. My dealings with them very much put them with St James Place, i.e. not at all cheap.

Albermarle

From another thread .

I went to see an advisor today from True Potential on my final salary pension.
Apparently the costs of going with them if I were to move my pension fund to their platform is as follows....

A one off transfer advice fee probably capped at £5000
Using their balanced portfolio would be ongoing costs of 0.81% per annum
Platform costs of 0.4% per annum
On going advice costs of 0.5% per annum

My pension value is going to be in the region of £1m plus.

Nuttyboy

I had read that thread. My agreement with ifa is i waant happy with tp he would move it free of charge.
How does tp charges compare with your charges?

sandsy

Albermarle wrote: »

From another thread .

I went to see an advisor today from True Potential

If he's from True Potential, he's not an IFA.
TP sell their own products. It's not common for IFAs to put people into TP.