N
Nipper
Guest
I am shortly reaching the retirement age on my pension policy with an Insurance company. My broker has advised that I can either discuss my options directly with the insurance company or, if I ask the Broker to arrange it. If the latter I will have to pay a fee of 1 to 1.5% to the Broker.
Is it usual to have to pay such a fee (the Broker will already have got fees when the money went in) and can I negotiate the rate?
Is it usual to have to pay such a fee (the Broker will already have got fees when the money went in) and can I negotiate the rate?