That may be true in the inflated house price South East, but it certainly was not true in the rest of the UK and certainly not 12 years ago.
No! Real men did real jobs and bought houses to provide homes for their families based on 3.5 times a working mans income.........not as speculation.
Er, wrong. Life assurance was always fixed term, usually 10 years and fairly low premium. Endowments were usually a 25 year term with a much higher premium even in the freezing cold north. Endowments always attracted much higher commision, even in the north in the 80's.
meheh.
Err no life assurance wasn't. A common one was a 25 years decreasing term assurance to roughly follow the amount you would be due on a repayment mortgage. Ten years would be stupid to cover a 25 year mortgage as your circumstances might change and you could find it difficult to get more after
10 years.Neb
Ah, so your defence is that you were a mere servant of evil, rather than the evil master mind?
I agree that it is not just IFAs (who are really just sales people not advisors), but it is that most of the entire industry is rotten at its core.
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