Crippling product charges are not the only problem. Whilst an insurance or investment bond allows you to invest pretty much anywhere, not all investments pay the same commission. So, advisers will often recommend the highest commission paying funds, rather than those best suited to you.
Many of these are alternative, esoteric investments or structured notes which promise a good return but fail to deliver, with a client often unable to access their money and their initial investment significantly at risk.
At Intelligent Investments we leverage the expertise and knowledge of the world’s leading investment managers, and use UK regulated discretionary fund managers to ensure your investment or pension meets your goals.