05 Oct 2010 6:38 PM:
Abbey Financial Solutions use Inter Alliance Worldnet Network to put all their business thorugh. They are a company in Cyprus. Cyprus has fairly loose regulation, which is why advisors can get away with charging high fees. There was a panorama report on Inter Alliance Network last night on BBC (see their website it's repeated on sunday) Illustrating how someone in the UK was ripped off by the high fees Inter Alliance Wordnet can get away with. There are far far better options out there. Find a company who is authorised and regulated by the FSA, to passport their services out across the world. (not a company who has been given permission by the FSA to sell in the UK, but are actually regulated in cyprus, check the panorama investigation)
Thread:
abbey financial solutions and Irish Life
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