'I get £1k for free?' How one IFA handled a pension 'liberation' cold-call

LIBERATED?

clock

Brian Hill is an independent financial adviser based in Wiltshire. Here follows an account of his recent experience with a pensions liberation company…

I was working from homE to get a bit of focus time, and was cold-called. Now, my numbers are registered with the telephone preference service, so I shouldn't get many cold calls at all. I was intrigued with this one because of the offer of a £1,000 cash bonus if I had a pension and was under age 60. Sounds like a freebie to me! And I'm well under 60. It's also a financial promotion, but I'll leave that for another day. So I pressed five on my keypad, as I have a pension and I'm under the age of 60. I then got through to a young lady - we'll call her Doris - who asked me a few quest...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers no longer see inflation as a major concern

Advisers no longer see inflation as a major concern

Funds offering a level of inflation protection were the last research, Square Mile finds

Isabel Baxter
clock 22 October 2024 • 4 min read
Advisers turn to smoothed funds to help manage volatility threat

Advisers turn to smoothed funds to help manage volatility threat

Decreasing exposure to equities also a popular strategy

Isabel Baxter
clock 26 March 2024 • 1 min read
Examining the 60/40: Building diversified portfolios in 2023

Examining the 60/40: Building diversified portfolios in 2023

Advisers have a lot to consider when it comes to portfolio diversification

Charlotte Moore
clock 14 April 2023 • 6 min read