Advice needed...company providing pension advice etc
#1
Advice needed...company providing pension advice etc
A friend who doesn't do BBS sites has asked me how he can find out if a company his wife has found are legit, to be trusted etc etc.
They are Pensionlite.
http://www.pensionlite.co.uk/
I think my friends want advice on getting more/the most from their pensions, but don't want to risk losing them to a risky company.
Any advice gratefully accepted.
Thanks.
They are Pensionlite.
http://www.pensionlite.co.uk/
I think my friends want advice on getting more/the most from their pensions, but don't want to risk losing them to a risky company.
Any advice gratefully accepted.
Thanks.
#2
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#3
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A friend who doesn't do BBS sites has asked me how he can find out if a company his wife has found are legit, to be trusted etc etc.
They are Pensionlite.
http://www.pensionlite.co.uk/
I think my friends want advice on getting more/the most from their pensions, but don't want to risk losing them to a risky company.
Any advice gratefully accepted.
Thanks.
They are Pensionlite.
http://www.pensionlite.co.uk/
I think my friends want advice on getting more/the most from their pensions, but don't want to risk losing them to a risky company.
Any advice gratefully accepted.
Thanks.
dl
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#7
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Here is the FCA registration for AdviceLite
Would suggest looking for a local adviser and giving them a call first - an adviser that is prepared to give advice for a small fee rather than the first question being "How much you got?" is more likely to provide good unbiased advice.
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#8
Thanks to all responders.
Turns out the friends have already been in contact with the above, sent them paperwork etc etc, but signed nothing and not divulged any bank details.
They have now put a stop on it all.
Apparently, he wants a new car and wants to dip into his pension pot for it...I've told them to look at a cheap loan instead and leave the p/p alone.
Any thoughts?
Turns out the friends have already been in contact with the above, sent them paperwork etc etc, but signed nothing and not divulged any bank details.
They have now put a stop on it all.
Apparently, he wants a new car and wants to dip into his pension pot for it...I've told them to look at a cheap loan instead and leave the p/p alone.
Any thoughts?
#9
Scooby Regular
Depends how old they are ...
They can extract funds from their Pension - without charges, simple by contacting the Trustees.
I would hire a FSA if they want advice .... but I do believe that the Trustees will allow withdrawal if he asks (and there is no charge then).
They can extract funds from their Pension - without charges, simple by contacting the Trustees.
I would hire a FSA if they want advice .... but I do believe that the Trustees will allow withdrawal if he asks (and there is no charge then).
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