What the ? Financial advisor fees

[Minkey]

Let me start by apologising for this post. But could someone tell me if £250 for a financial advisor to review my pension is a good quote or not? Their on going fees will be 0.75% which I don't know is good or not.

 

[Centaur]

How many pensions have you got, Minkey. Most IFAs round here will give the initial visit free and after that about £150 per hour or 3% of an investment and 1% of fund value per annum.

 

[Minkey]

I have two main pension funds one a final salary and one a sipp which is the one I need advice on as it is linked to the stock market and this year has gone down approx 10% due in no part to Brexit

 

[Centaur]

Hi Minkey. Would you like to give me a call on............for generic advice.

 

[Squag1]

Or geriatric......