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Financial sales people are just that, sales people. Any person who is paid for their time/service is ultimately a sales person. Advice if you can call it that varies depending on the products available and the interest to you and the financial sales person. There are many ways to help you choose the product "suited" for you but also for the financial sales person. (you notice I'm not using the bullshyate term IFA)

There are many ways to plan for retirement, A pension is one of them. Wealth is defined by how long one could live normally without income. (I read that in some suped up self help get rich book full of BS)

@Mattman42consolidating pensions could if handled correctly lead to bigger returns, but also bigger losses. Keeping a number of plans could have an increased fee base in comparison to the one plan, but will spread risk across multiple platforms, pension managers. You will probably find that your money is nestled in the same fund or individual share more than once, the mainstream pension plans tend to invest with similar behavior.

The only thing I can say is do what you feel is right with your money. Regarding endowments, not one person would winge if they turned out to be a good investment. They also didn't winge at the time about front loading the mortgage, buying a new porsche or whatever or going on that holiday.

No one is going to make you money. You are the only person who can do this. I do however wish you all the best with your venture whichever option you choose.

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1 hour ago, Cheddar Bob said:

Financial sales people are just that, sales people. Any person who is paid for their time/service is ultimately a sales person. Advice if you can call it that varies depending on the products available and the interest to you and the financial sales person. There are many ways to help you choose the product "suited" for you but also for the financial sales person. (you notice I'm not using the bullshyate term IFA)

There are many ways to plan for retirement, A pension is one of them. Wealth is defined by how long one could live normally without income. (I read that in some suped up self help get rich book full of BS)

@Mattman42consolidating pensions could if handled correctly lead to bigger returns, but also bigger losses. Keeping a number of plans could have an increased fee base in comparison to the one plan, but will spread risk across multiple platforms, pension managers. You will probably find that your money is nestled in the same fund or individual share more than once, the mainstream pension plans tend to invest with similar behavior.

The only thing I can say is do what you feel is right with your money. Regarding endowments, not one person would winge if they turned out to be a good investment. They also didn't winge at the time about front loading the mortgage, buying a new porsche or whatever or going on that holiday.

No one is going to make you money. You are the only person who can do this. I do however wish you all the best with your venture whichever option you choose.

i think i've found a niche in the market - I'm going to setup an agency providing "Middle aged men who drive porsches escort service" - for the lady who loves to be woo'd with talk of flat 6's, N rated tyres and IMS conspiracy theories

This time next year i'm going to be a millionaire........

Edited by Mattman42
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5 minutes ago, Mattman42 said:

think i've found a niche in the market - I'm going to setup an agency providing "Middle aged men who drive porsches escort service" - for the lady who loves to be woo'd with talk of flat 6's, N rated tyres and IMS conspiracy theories

I think you'll find @CAZ is already sorted! 

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12 minutes ago, Mattman42 said:

i think i've found a niche in the market - I'm going to setup an agency providing "Middle aged men who drive porsches escort service" - for the lady who loves to be woo'd with talk of flat 6's, N rated tyres and IMS conspiracy theories

Niche indeed...

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21 minutes ago, red rocket said:

I think you'll find @CAZ is already sorted! 

What!  Has she found someone younger now? :whistle:

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1 hour ago, Mattman42 said:

i think i've found a niche in the market - I'm going to setup an agency providing "Middle aged men who drive porsches escort service" - for the lady who loves to be woo'd with talk of flat 6's, N rated tyres and IMS conspiracy theories

This time next year i'm going to be a millionaire........

Bugger the lady. I'm in 😁

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1 hour ago, red rocket said:

I think you'll find @CAZ is already sorted! 

🤣 Mr 997 is indeed retired.... but is only 52 ....  having never been married and not having any children was a contributing factor to early retirement ....along with a massive heart attack at 35...which meant a rethink of his future work / life balance - therefore saving as much as possible for the next 13 years until retirement at 48.

He did in fact woo me with talk of flat 6’s as we met at a PCGB meet - although I will always remember the first words I uttered when I met him .... “Do you know where my drain holes are ? “ 🤭🤣

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17 minutes ago, CAZ said:

 

He did in fact woo me with talk of flat 6’s as we met at a PCGB meet - although I will always remember the first words I uttered when I met him .... “Do you know where my drain holes are ? “ 🤭🤣

Well, did he know?

Or was that part of his mission, to find out?  🤓

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17 minutes ago, CAZ said:

I will always remember the first words I uttered when I met him .... “Do you know where my drain holes are ? “

Very smooth @CAZ - No man is going to be able to resist an opening line like that :thumbsup_anim:

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25 minutes ago, CAZ said:

🤣 Mr 997 is indeed retired.... but is only 52 ....  having never been married and not having any children was a contributing factor to early retirement ....along with a massive heart attack at 35...which meant a rethink of his future work / life balance - therefore saving as much as possible for the next 13 years until retirement at 48.

He did in fact woo me with talk of flat 6’s as we met at a PCGB meet - although I will always remember the first words I uttered when I met him .... “Do you know where my drain holes are ? “ 🤭🤣

is that a euphemism?? :)

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2 hours ago, mike597 said:

Keep up at the back. 

Clearly been married and out the game too long 🤣

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3 hours ago, rowbos said:

Well, did he know?

Or was that part of his mission, to find out?  🤓

No he didn't know - but he does now 😈 🤣

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2 hours ago, CAZ said:

No he didn't know - but he does now 😈 🤣

I'm surprised he stuck around, you should think of a more alluring name than drain hole... 😇

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4 minutes ago, rowbos said:

I'm surprised he stuck around

It's difficult enough to get out of a locked frunk, even in you're not chained.

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37 minutes ago, rowbos said:

I'm surprised he stuck around, you should think of a more alluring name than drain hole... 😇

Hopefully he's not a plumber and armed with his plunger. I do have a rodding kit if anyone's drains are really backed up 🤣

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