LIA - investment qualification of advisor concerning?

[GSheehy]

No, there is no charging and no restrictions.

They need to update their product information so.

Besides, it's probably a 'feature' that should be discouraged.

 

[Steven Barrett]

SL do not charge for any switches - it's a claus in the T&C to protect if they wanted to implement it in the future.
There is no limit on how many switches you can do per year.

According to Standard Life they do. PRSAs don't as the charge has to be given as a percentage charge.

 

[Sarah Ryan]

According to Standard Life they do. PRSAs don't as the charge has to be given as a percentage charge.

View attachment 9544

I can tell you they don't.
I understand it's in the literature, it's misleading. But they don't.

 

[Steven Barrett]

I can tell you they don't.
I understand it's in the literature, it's misleading. But they don't.

It's not a hill I am going to die on Sarah. I never have clients making 12 switches in a year.

 

[Sarah Ryan]

It's not a hill I am going to die on Sarah. I never have clients making 12 switches in a year.

That's OK, but rest assured if they want to, the facility is there free of charge.

There are plenty that go over it.