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Dishonour over transfer

Bryan Little is right to identify the pernicious practice of transferring policies Money Marketing, September 20).

I was surprised when I got notice that a client had transferred servicing rights elsewhere and wrote to him, only to discover that what he had intended was for his employee&#39s financial advisers to get information about his current pension plan. The client switched back immediately.

The advisers in question should have contacted me as the client&#39s current IFA and asked the relevant questions instead of which they acted dishonourably by seeking to undermine a long-standing client/IFA relationship for a few coppers.

It is at times such as this that those of us who put clients&#39 interests before their own wonder whether we are in an absolute minority.

Philip Thomas

Thomas Financial Planning,

St Helens,



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