Are you paying for
something you’re not receiving?
- Renewal
commission
- ‘Trail’
commission
- Ongoing
‘adviser’ costs
Please note:
If you have an excellent
Financial Adviser who not only did a great job for you in the first place but
continues to give you service, this does
not apply to you!
How closely do you look at
statements you receive from your investment company or pension plan provider?
Is there a charge for ongoing service by the adviser who set up the plan?
Do you receive a service from
your adviser? Do you even remember who was the adviser?
Many people tell me that
they don’t! So why are you paying? Well it’s in the fine print, in the Terms
& Conditions which you signed. That doesn’t mean you can do nothing about
it. If you don’t know if there’s a charge and receive no service you can still write to the company concerned and ask
them to stop any payment from your account, plan or pension.
Financial Pages in Spain can also offer you a way out. You can ask for a review with a fully qualified, correctly regulated and professional adviser. Let us know your details, the details of your plan or policy plus the name &
address of the investment company, insurance, QROPS or pension provider. If you
have doubts just ask.
I hope that you have a good
adviser, one you can trust and who gives you good service but I want to help
you with the ones who don’t.
David Goodall
Financial Pages in Spain
Additional reading:
