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Living dangerously

Pensions. Mass Market. On Line Advice. Well if that's where you want to be - polish up your PI Insurance - you are probably going to need it. Looks like you'll become great pals with the FOS. 'On Line' and 'advice' are hardly compatible bedfellows.

Posted by: Harry Katz

01 Oct 2009 | 16:59
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That's not independent...

..."an online service offering "straightforward and uncomplicated" advice on pensions and annuities in return for a fee of 1% of the amount invested." Their fee is based on how much you have to invest. This is not independent people. Try again. It's still product focused. A percentage based fee is a commission by another name. The answer is a dollar based fee based on the complexity of the situation.

Posted by: Matthew Ross

02 Oct 2009 | 01:14
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New age of distribution dawns with paid-for online advice

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