by Richard | Feb 28, 2020 | Archive
I was disappointed to read that the numbers of complaints regarding income drawdown had increased significantly to the Financial Ombudsman Service. Income Drawdown is more risky than an annuity and should be only considered if the pensioner can afford some loss and...
by Richard | Feb 28, 2020 | Archive
The following article supports my personal campaigning for the industry regulator to pursue individuals at the various banks who give duff advice. http://www.moneymarketing.co.uk/investments/santander-worst-for-investment-complaints/1069498.article If the FSA went to...
by Richard | Feb 28, 2020 | Archive
I agree with Rory Percival of the FCA that the term ‘whole of market restricted’ is a misleading phrase and should not be used. In fact I would go much further. I would have Independent and those who are not independent be called salespersons only. You cannot, in my...
by Richard | Feb 28, 2020 | Archive
I was disappointed to read that Virgin Money will not be shaking up the Banking industry to the extent I hoped. After reading the following article....
by Richard | Feb 28, 2020 | Archive
The following article is great for people looking for longer term fixed rate deals. http://www.moneymarketing.co.uk/mortgages/barclays-to-launch-its-lowest-ever-10-year-fixed-at-389/1072167.article Barclays is offering a very attractive 10 year fixed rate mortgage by...
by Richard | Feb 28, 2020 | Archive
I was very disappointed to read the following article. http://www.moneymarketing.co.uk/mortgages/brokers-slam-unfair-pricing-as-two-year-fixes-cost-1-more-through-brokers/1069093.article I think the new FCA should encourage retail consumers to take advice from...