****** and ******** - is shooting too good for them?
Oct 9th 2009, 7:30 pm
#31
Lost in BE Cyberspace
Joined: Dec 2006
Posts: 23,434
Re: ****** and Partners - is shooting too good for them?
Care to back it up, Timothy???
Well, what you said may be true but you forgot one minor detail; I'm Lebanese...We don't have income tax...
Only if you cancel.
And the other problem is that if you come back on shore you cannot fund them from your gross salary, hence at that point a regular onshore pension is probably better.
You will also find that the first 18 months of contributions will probably just cover the fees to your new friend. No long term plans really work in that sense but it just seems that it's the long term plans that are peddled by most finanical planners (as it gives them a regular income) when really the client needs something else (especially in a transient envirnoment like this)
But if you run it to term, then they probably do the job...
And the other problem is that if you come back on shore you cannot fund them from your gross salary, hence at that point a regular onshore pension is probably better.
You will also find that the first 18 months of contributions will probably just cover the fees to your new friend. No long term plans really work in that sense but it just seems that it's the long term plans that are peddled by most finanical planners (as it gives them a regular income) when really the client needs something else (especially in a transient envirnoment like this)
But if you run it to term, then they probably do the job...
Oct 9th 2009, 7:30 pm
#32
Lost in BE Cyberspace
Joined: Dec 2006
Posts: 23,434
Re: ****** and Partners - is shooting too good for them?
Well, as no one can predict what the actual investment returns will it is impossible to say how good an investment it will turn out to be. I very much doubt your adviser/salesperson a) has any decent qualifications b) the experience & knowledge to construct a proper portfolio and c) any knowledge of the likely tax implications on your return to the UK.
If you plan to remain in the UAE for just a few years a plan with a term that exceed that is NOT suitable and anywhere else would be a case for mis-selling.
Oh, and as an Independent Financial Adviser with many qualifications and 20 years experience and who puts her head well above the parapet, I am very well qualified to comment on this.
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If you plan to remain in the UAE for just a few years a plan with a term that exceed that is NOT suitable and anywhere else would be a case for mis-selling.
Oh, and as an Independent Financial Adviser with many qualifications and 20 years experience and who puts her head well above the parapet, I am very well qualified to comment on this.
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Oct 9th 2009, 8:02 pm
#34
Lost in BE Cyberspace
Joined: Dec 2006
Posts: 23,434
Re: ****** and Partners - is shooting too good for them?
Well te chap who sold me is still at the company...Good people...Even as clients they're very ethical...
Oct 9th 2009, 8:04 pm
#35
BE Forum Addict
Joined: Aug 2004
Location: Dubai
Posts: 2,082
Re: ****** and Partners - is shooting too good for them?
It's a weird world we live in.
Much like my phone number and plate number queries...I find the fact that we can't mention the name of a company in an online discussion odd.
we all know who we're talking about. and if we were talking in person we'd say the actual name.
Why can't we say it online?
Much like my phone number and plate number queries...I find the fact that we can't mention the name of a company in an online discussion odd.
we all know who we're talking about. and if we were talking in person we'd say the actual name.
Why can't we say it online?
Oct 9th 2009, 8:06 pm
#36
Lost in BE Cyberspace
Joined: Dec 2006
Posts: 23,434
Re: ****** and Partners - is shooting too good for them?
It's a weird world we live in.
Much like my phone number and plate number queries...I find the fact that we can't mention the name of a company in an online discussion odd.
we all know who we're talking about. and if we were talking in person we'd say the actual name.
Why can't we say it online?
Much like my phone number and plate number queries...I find the fact that we can't mention the name of a company in an online discussion odd.
we all know who we're talking about. and if we were talking in person we'd say the actual name.
Why can't we say it online?
I see what you mean though, if we don't like a particular brand of car or phone we say it, but financial planners is a no go area...
Oct 9th 2009, 8:23 pm
#41
Lost in BE Cyberspace
Joined: Jul 2007
Posts: 13,553
Re: ****** and Partners - is shooting too good for them?
Oct 9th 2009, 9:18 pm
#43
Bored liberal
Joined: Feb 2007
Location: Over there ----->
Posts: 13,713
Re: ****** and Partners - is shooting too good for them?
It's a weird world we live in.
Much like my phone number and plate number queries...I find the fact that we can't mention the name of a company in an online discussion odd.
we all know who we're talking about. and if we were talking in person we'd say the actual name.
Why can't we say it online?
Much like my phone number and plate number queries...I find the fact that we can't mention the name of a company in an online discussion odd.
we all know who we're talking about. and if we were talking in person we'd say the actual name.
Why can't we say it online?
You have to wonder why they react like that. Perhaps because it's a regular occurance and they want to protect the cash cows?
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Oct 10th 2009, 4:24 am
#44
Concierge
Joined: Feb 2007
Posts: 29,625
Re: ****** and Partners - is shooting too good for them?
DVillains used to ring me regularly until I pointed out I knew Meow, never heard from them since 
Oct 10th 2009, 6:04 am
#45
BE Forum Addict
Joined: Aug 2004
Location: Dubai
Posts: 2,082
Re: ****** and Partners - is shooting too good for them?