Comments for Independent Financial Advice Blog

Comment on No assurance in Co-op life insurance by khez@life assurance

khez@life assurance — Wed, 21 Sep 2011 01:52:15 +0000

Good blog about life assurance! Will consider this on my research. Thanks!

Comment on Poorer than their parents? by Janett Brown

Janett Brown — Tue, 02 Aug 2011 19:47:55 +0000

This is exactly what’s going on in the Arabic world. The youths are going out on riots
because they don’t like the idea of being jobless anymore.

Comment on RDR to refresh independent financial advice by wreford

wreford — Thu, 16 Jun 2011 10:42:26 +0000

I must comment on the above article in regards to clients who have no idea if their IFA is whole-of-market or not.

As required by the FSA, details such as these are imperative and are, in fact, set out in the terms of business – which the client receives before conducting any business.

Under the Treating of Customers Fairly rules, the client must be informed what kind of advisers they are dealing with, in case bad advice litigation crops up later in the business.

By being independent, the customer is getting top quality service after the market has been sourced in their best interests.

Comment on How seriously do you take retirement planning? by wreford

wreford — Tue, 14 Jun 2011 11:16:54 +0000

I disagree, there are many people out there who CANNOT assess their own needs; they need help. They WILL need more, as the cost of living increases and they might become ill and need care and they will be getting even less help from the government soon. I take it seriously and I hope all of them out there is.

Comment on How seriously do you take retirement planning? by Janett Brown

Janett Brown — Sun, 12 Jun 2011 15:22:06 +0000

With their long life expectancy, people have in Britain have to start taking
retirement seriously. And they can plan it by themselves. They just need to sit and do
some mathematics to see how much they need. They don’t need someone to help them with that.
And they have to keep in mind that they need much less than what they used to get before
retirement. This is because they are going to get rid of many expenses like social security,
etc. I hope that Britons take it seriously, because it’s very important.

Comment on Inflation rises to 4.5% by Val

Val — Thu, 19 May 2011 15:46:28 +0000

The food in my local supermarkets has risen by 15% over the last two weeks – but my income has
not. I think what has instigated this has obviously been the hike in oil prices, because we rely heavily on transported food so it’s the transportation costs that have been heavily hit.

I have circumvented a little of these increases by growing my own and shopping locally, where the
produce is local(and fresher).

But I do have to guess that someone, somewhere is “jumping on the bandwagon”. The supermarkets
are still forcing the lowest prices for the highest quality goods out of our farmers. This, I suspect is to force up the profits to pay the shareholders. I hear that 83-85% of the price of a litre goes straight to the Government – they don’t do this in other countries. (I’d like to try living in the oil producing countries where the price per litre is around 3 pence).