Has anybody heard of Abbey
No, but they are likely to be the same as every other Financial adviser company.
1. They talk you into giving them control of your money.
2. They gamble with your money in their favourite product.
3. They make a gain for you and they take an Adviser fee plus a cut of the total amount you have invested, plus a trailing commission from the product manager.
4. Or, they make a loss and they take an Adviser fee plus a cut of the total amount you have invested, plus a trailing commission from the product manager.
It's all quite simple really:
1.
You take all the risk and risk losing all your money.
2. They can't lose as
they get paid regardless of whether or not they win for you or lose all your your money.