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Oct 14, 2020 · Key points: High charges and poor performance from St. James's Place Wealth Management. Over 50% of SJP funds rank in the worst 25% of their sector over the last 5 years. Over 72% of SJP funds perform worse than the benchmark. The SJP UK High Income & other SJP funds rank as the worst in their sector. Highest initial and ongoing charges.
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Jan 8, 2015 · Doctors can be disciplined for criminal convictions, medical negligence, wrongly prescribing controlled substances and other wrongdoing. Even with a disciplinary record, many doctors continue...
- Dragging Their Heels
- The Fastest Pension Providers
- The Slowest Pension Providers
- Why Are They So slow?
- Biting Back
Each year pension advice firm Portafina releases a series of tables, charting the length of time taken by the different pension providers to provide the basic information needed in order to advise savers on areas like the pension freedoms. The data covers a whopping 13,021 requests for information made by the firm on behalf of more than 7,000 pensi...
Let’s start with those defined contribution firms. Here are the five fastest providers: Evidently they have the sort of clear processes in place for dealing with such requests quickly. And for the defined benefit schemes, where things can get a little more complicated, here are the fastest providers according to Portafina. The Railways Pension Sche...
The difference between the relative speedsters in the tables above and the slowest providers is pretty stark. If your pension is provided by one of these firms then you’ll be left waiting for a while for even the most basic of information about your pot. First, we’ll start with the defined contribution firms again. For example, Equitable Life Assur...
Portafina hasn’t just flagged up the slowest performers, it’s also outlined some of the issues with their processes that cause these massive delays. Equitable Life, for example, requires savers to call the scheme in order to provide additional information, but as it won’t tell the adviser what that information is, the client cannot prepare and ensu...
It’s worth noting that some of those named and shamed as dawdlers have hit back at the findings. Speaking to the Money Marketing trade title, a spokesperson for South Tyneside Council ‒ speaking on behalf of the Tyne and Wear Pension Fund ‒ emphasised that, while it wants to deal with transfer requests promptly, its main priority is protecting memb...
Mar 12, 2024 · When searching for a healthcare provider, you may want to see if they have ever received any complaints or have had any malpractice suits filed against them. To search for this information, you can use specific keywords and look at certain reputable websites.
- Trisha Torrey
Nov 28, 2023 · Checking first with the Financial Ombudsman Service as well as the FCA for any historical complaints regarding bad advice made against the financial adviser or firm you are considering can be invaluable.
The worst company i have ever had to deal with. lost critical documents, complaints raised have taken more the 9 months, when you ask for information on your policy they move you to another department and never return with a answer.
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