I am a financial advisor for Liberty Life with a franchise called Branfin Group. I specialise in long term investments, life assurance and retirement annuities. If you would like any advice on this subject please contact me on my email address: [email protected] Life Happens Just Ensure when it does, you are adequetly covered.
Yeah, I mean the majority of the people on this forum are doing their own investments because they can do better than you or Liberty can do. That why we are here........is to NOT invest with institutions such as Liberty
Simon, you should charge dudes using platforms like this to advertise extra. Advertising Liberty services on an OST platform is like putting an ad for skydiving on a funeral parlour website. This is odd to say the least.
I am an unofficially retired Financial Advisor. I have not sold investments of any nature for about 3 years because of the poor returns and unacceptable risk to the client. I retain my licence only to look after my remaining clients. What shocked me over the years was how much the Life companies were able to hide from Brokers like myself. Almost impossible for me to truely compare products of different companies. What hurt me was the low esteem in which the entire Life Assurance industry is held - even though I tried my best to give honest advice. The way advisors are often treated by the public and even clients is disgraceful - but I always just smiled as I believe that the customer is always right. It hurts to see guys like this Liberty Advisor bringing the industry into dis-repute. Shame on you.
I have also worked in the industry (not anymore), from companies like Liberty and momentum to private wealth companies so although I probably haven't seen it all I've seen most of it and I firmly believe there is so much more value in people taking charge of their own investments etc. When it comes to insurance and all that jazz its a different story but with investments there are layers and layers of fees associated with the use of 'financial advisors' and the companies they work for or invest through (unit trusts etc). Policy's like endowments and RA's do have their pros but you pay (a lot) for those pros. It pays in the long run to educate yourself on investments/markets etc and do it yourself. To 3JN2 if you would like some info on selling your client book while still receiving the relevant fees and still being able to deal personally with your clients while not having to retain your FSB license feel free to email me [email protected] There's nothing in it for me as I am no longer in the industry but I've seen this model work and is great for guys looking to drop their license.