We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
The Forum is currently experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 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!
Buying An Impaired Life Annuity Without An IFA
Comments
-
lilac_lady wrote: »I have an impaired health annuity, arranged by an IFA. I wasn't aware that I qualified for one until he advised me. I don't grudge him his fee as he did a lot of work (had to because of Norwich Union's many mistakes) to ensure that I got the best deal. He came to my house and kept me up to date via phonecalls. I couldn't have had a better service.
what a breath of fresh air - good to hear you had a good experience with IFA lilac_lady!:T0 -
The best site to search for an IFA is www.unbiased.co.cuk . It has the largest database and is not paid for by IFAs (unless they chose to pay for an enhanced entry). Any other site is likely to be commercial or have a bias to certain groups.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
-
A bit late - but in case some one else is reading this later: don't forget that some IFA's will refund upto about 80% of their commission....0
-
A bit late - but in case some one else is reading this later: don't forget that some IFA's will refund upto about 80% of their commission....
It is an HMRC breach to refund commission on pensions and pension annuities.
Any commission not taken would be used to enhance the annuity. However, dont get excited. A £500 commission saved would make just a few pounds difference (as the £500 is averaged over your life expectancy).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 -
test
check0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.5K Banking & Borrowing
- 252.9K Reduce Debt & Boost Income
- 453.3K Spending & Discounts
- 243.5K Work, Benefits & Business
- 598.2K Mortgages, Homes & Bills
- 176.7K Life & Family
- 256.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards