Anyone invested or heard of this company ?

 

I've had a couple of cold calls recently including this morning. I do like to tease them a bit with no intention of letting them get their grubby hands on my hard earned.

 

This one was asking about my pension and stated a FA could achieve more income than my pension provider ( he knows nothing about my pension, company, type of pension, pot size etc), so I asked how he could take my 'pot' and achieve the same as my pension provider or more. He said they would aim at achieving 7-12% ! I laughed and said guaranteed? He said cannot guarantee so I replied so you will make less than my pension provider then. Anyway I got bored of the debate, these are just salesmen trying to make an appointment with an actual FA so I asked where he got my details from. He replied BahtSold website ! So they are trawling classified ad sites to garner names and numbers, classy company !!

Did he also tell you to buy low and sell high?

Bored today, just checked their website, no address, only a contact form. Checked Companies House, no record of them that I can see. I should have asked for a name of their 'registered' FA to check them out.

There should be a public register of Financial Advisors, so we can avoid them.

18 minutes ago, Kinnock said:

There should be a public register of Financial Advisors, so we can avoid them.

I believe there is, but I didn't ask for the FA's name. The guy who rang me did previously work for De Vere but he left as he didn't think they were ethical !

Knightsbridge Place - are they playing on the St James's Place brand and just using another posh part of London in the name ????

I know that the first thing an IFA must ask is 'Have you used your ISA allowance?'

You can put up to £20k per year in. My Nationwide ISA is paying 0.01%, yes 0.01%. But that interest is TAXFREE. So you do not pay UK tax on TWO QUID interest!

I was stung very badly by an unscrupulous IFA based in Pattaya. Lost me tens of thousands of pounds. 

1 hour ago, stouricks said:

I know that the first thing an IFA must ask is 'Have you used your ISA allowance?'

You can put up to £20k per year in. My Nationwide ISA is paying 0.01%, yes 0.01%. But that interest is TAXFREE. So you do not pay UK tax on TWO QUID interest!

I was stung very badly by an unscrupulous IFA based in Pattaya. Lost me tens of thousands of pounds. 

I was not aware a non uk resident could have a ISA in the uk ?

i could be wrong ?

 

 

 

 

20 minutes ago, quake said:

I was not aware a non uk resident could have a ISA in the uk ?

i could be wrong ?

 

 

 

 

You are correct, but I still keep a UK address.

Received one of these calls today from a male with a British accent asking about foreign pensions and such. When I asked how he got my personal contact info, he said maybe I posted my phone number online. I then replied, with my real name and non-work contact, I think not.  I asked to be removed from their list,  he came back with more questions. I advised if they call back, I will call the police and report fraud.