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Old 14.03.2011, 09:20
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mirfield mirfield is offline
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Re: Financial Mis-selling to expats

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You are saying this so back it up with the proof please
What they did and which company come on show us all
The thing is Swans, there was once a thread on EF with a great post (I know. Who'd've believed it?).

The poster went to a meeting proposed by one of these advisors/salespeople. It detailed what was said, what the advisor tried to sell and their tactics.

The poster (an expert in finance IIRC) listed several points where the advisor was mistaken, wrong or downright lying. Mistakes that would probably not have been spotted by the average person signing away their savings. The scheme that was offered was inappropriate and the first x years (5?) payments were essentially servicing the advisors/IFA's commission.

The thread was removed after legal threats to EF.
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