Advisability on investing in BOI 2 in 1 Saving and Investment

[lawdie]

I don't know of anyone who has gone into a meeting with a tied agent (Say BOI) and come out saying..... 'Well I got some great advice about product that First Active are offering' or 'Well the BOI adviser tells me that there's a great product Irish Life have that is right down ur alley'!!!!

If you have a basic qualification in finance such as the QFA - Investments, you should know that "tied agents" cannot give advice on products outside of their agency.

So how many people go into a Mercedes dealership to get advised that they should also consider a BMW 3 series or why not try a Lexus there fantastic (and the list could go on...).

Do we have to keep thrashing this point or is it finally clear.