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Adviser fined £1.3m after pension transfer failures

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  • ComicGeek
    ComicGeek Posts: 1,675 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    There is also a big difference between good teeth and cosmetically good teeth. I would much rather someone looking after my health interests rather than profiting from cosmetic procedures.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Third Anniversary Name Dropper
    edited 16 August 2021 at 12:28PM
    AlanP_2 said:
    Terron said:
    dunstonh said:
    My dentist is by no means poor, but he’s just making a living. No fast cars or long holidays for him. The IFA has a detached house with a wall around it and an electric gate. Inside the walls there is a separate office building, plus 6 cars and a trophy wife.
    Hardly comparable.  A successful dentist and a successful IFA will both be earning in similar ballparks.  A less successful IFA or dentist will earn less.

    An employee IFA will typically earn a lot less than a company director IFA.   Much the same as a dentist in the same scenario.


    In my experience, certainly not comparable. If the dentist sees you for half an hour twice a year, he gets to charge you about £200.  If an IFA does the same he charges you £2000-5000.
    I've had a number of dentists over the years. In retrospect, I don't think there was one that fell below the level of 'very good'. My anecdotal evidence suggests that a not so good IFA can stay in the game and make a good living. Of all of the group's earnings, I'm pretty sure the IFA was P1, possibly P2.
    I would have said that all the dentists I had dealt with were good, until I moved and could not find a NHS dentist. The private one I saw instead of just commenting about my "funny bite" explained how it had been causing my problems over decades and treated it. It took many visits, several over 5 hours, oever 2 years and cost £18,000, but fixed the problems and was worth it.

    Dentistry = one of the major differences between U.K. and N America.  In Canada its all private/insurance funded.   When you compare the quality of care on NHS vs Canada, it seems like its in a different century and UK is a developing country.  At least thats what it felt like when I left UK in 2004.  And the difference is still obvious in British smiles.
    Have you checked the smiles of those who can't afford the fees and don't have the insurance cover in the US?

    Free dental care is available in the US. I don’t know what the quality is like. 

    Sorry; didn’t want to divert the topic.  Just found it funny that British dentists were quoted as a paradigm of great service. 
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