Early retirement planning & IFA/FA

Langtang

TVAS said:

I would never use a firm that has been investigated by the FCA:
https://www.ftadviser.com/regulation/2020/06/05/fca-investigates-lighthouse-over-defined-benefit-advice/  

TVAS said:

I never understand why people do not do basic research: Google by putting in the IFA name to see what comes up.
They will want to charge you at least 1% for an ongoing advice fee this will be taken from any products they sell you.
I do not like restricted advice because they do not necessarily sell you the best product because they do not have access to the whole market. 
They FCA have decided that they are not fit to do a review of final salary pension transfers and have forced them to appoint skilled persons (outside contractors) to review these cases this is called a S166.

Thanks very much for your concern, it really is very much appreciated. Thanks, also, for replying to what is now an old post. 

I should have made myself clearer in my last comment. 

The meeting with lighthouse never happened, as I fully took on board the comments of people I have come to value on this board. 

We’re going with another company, an IFA. We’ve  checked them out, had some nice words about them from trusted friends and passing comments from people who were unaware were thinking of speaking with them. 

Langtang

dunstonh said:

Would it be ok to post here with the outcome of this meeting, or potential subsequent meeting to garner everyone’s thoughts?

In most cases, the outcome will be whether you both agree to continue the process or not.

Are you saying that, at the end of the meeting, they might say to us “yes, I think we can work together. Let’s draw up a plan” and we’ve to decide there and then whether to proceed?

Albermarle

Langtang said:

dunstonh said:

Would it be ok to post here with the outcome of this meeting, or potential subsequent meeting to garner everyone’s thoughts?

In most cases, the outcome will be whether you both agree to continue the process or not.

Are you saying that, at the end of the meeting, they might say to us “yes, I think we can work together. Let’s draw up a plan” and we’ve to decide there and then whether to proceed?

As with any type of meeting , you can just say 'thanks for your time and a good meeting but I just want to think about and will come back to you '