Savings

In some cases we recommend that some or all of the commission be reinvested into our clients' policies.
 
The result is lower charges and greatly enhanced policies.
 

Example Assume a 25 year-old contributes £100 per month into a top-flight providers policy and the invested funds grow at 9% per annum after the effect of standard charges. Fund at age 60: When full commission is taken: At 9% - £214,000 With Independence-Direct (fee based): At 9% - £248,000 A massive £34,000 extra in your pension! (at 9% growth).

 

 

Why take independent advice?

When seeking financial advice, your choice is between an independent financial adviser (IFA), a tied agent, who may also appear as the representative of a bank or building society, or a specific firm that is itself tied to one of the main life insurance companies.

The tied agent is responsible to his employer to meet sales targets and has only one set of products from which to choose. Only the IFA can choose products from all the companies and contracts on the market. He/she has the legal obligation to act as your agent.

No individual insurance, investment or pension company is best at everything, but most of them, and certainly those with their own sales forces, need to have the full product range, so that they can have a product to satisfy your need - even if it is at twice the going rate. We use our computerised quotation, product selection and fund performance systems to select the right product and the best company for you.