We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
I don't want to use an IFA
Comments
-
He knows what he wants, what he wants is legal and contractually possible, why should he have to seek permission from (pay a bribe to) an insurance salesman to go ahead with it?
I'm not aware of any insurance salesmen that will do this transaction.An S32 derives from an occupational pension, so he will never have needed an advisor before.Why now?
Two wrongs dont make a right
As has been said already. It's to do with liaiblity. 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.0 -
Okay the penny has dropped.
The crunch thing here is the fact that a section 32 is considered to be an occupational scheme regarding further transfering. Is an EPP also considered to be in the same mold?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards