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Possible Transfer Value and Advice
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As long as they do this , then as said above , you can still transfer out of the DB scheme , without the need for any further advice or fees. In the jargon you will be known as an 'insistent client'
Although it seems you have made your mind up , might be worth looking at this .
https://www.royallondon.com/siteassets/site-docs/media-centre/good-with-your-money-guides/five-good-reasons-good-with-your-money-guide-2018-edition.pdf
None taken! As I’ve said, I want advice but I don’t want to be bound by it so would like to have the freedom to make my own choice if applicable, without any comeback to the Advisor obviously. I t would be my decision.
Thanks for the info.
I think I will still speak to an IFA, just to get another perspective, I don’t think the work guy is really a fit for what I want.
Thank you. I haven't made up my mind. I just don't want to box myself in.
I will take on board all guidance, as I said I do think the recommendation will be a cautious one, which is understandable.
Any views are mine and not the official line of MoneySavingExpert.com.
Makes me think that there is a market opening for such a person, who will always give negative recommendations and can charge much less than other people. It doesn't seem that there would be any liability involved as it's a negative recommendation, but the criteria for taking advice has been fulfilled!
I agree - if you decide to set up such a company I am happy to be your first customer - for a small fee obvs!
Any views are mine and not the official line of MoneySavingExpert.com.