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Old 19th Feb 2014, 10:28
  #18 (permalink)  
Shanwick Shanwick
 
Join Date: May 2003
Location: Europe
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NOT ORANGE

Friends Provident are known culprits and the third-party advisor you used will be enjoying the profits paid by your scheme until either you move it, retire or the fund becomes worthless.

It sounds like your fund has been managed in the usual un-managed way. On initial entry your fund would be over-diversified so that you will neither lose too much nor gain too much. Managers do this so that they don't need to look at it too often. A real manager may cost you a little more but should have your fund invested where it can benefit from growth, set stop losses and move it when other sectors become more profitable.

The charges made by the Bond Wrapper have overtaken any gains.

DSMITT7

I have a chap in mind who might be able to help. He specialises in QROPS schemes in Oz and NZ. PM me for further information
Shanwick Shanwick is offline