Online response to last week’s comment piece from Money Advice Service chairman Gerard Lamos
The Money Advice Service sent someone out to talk to our local chamber of commerce. The bloke said to employers and I quote: “Don’t bother with IFAs, they charge you and may rip you off – we are free.”
I had planned to stay silent but decided to ask a fairly basic pension question and the bloke did not have a clue. My observation that it seems you get what you pay for got a very good laugh.
I wrote to MAS to complain and the statement was denied. I wish I had taped it and will next time. If you hear MAS is out and about near you, show up with a recorder.