Originally Posted by
johnjonesnine
Bear in mind the DeVere did not set up a QROPS platform for you - they wouldn't know where to begin. They sold you an off-the-shelf product manufactured by someone else. The only expense that DeVere incurred was in the time spent by the salesman talking you into the transaction. How many hours did that take, and how much commission did they earn? Do you know?
Do you know of any financial advisors that dont take commission for setting up QROPS platforms?. Given the amount of work that Deveres did in contacting my previous company and getting a transfer figure, organising all the contract paperwork etc - I would certainly be interested in the name of any company that does all this for nothing.
As for the cost well I just checked and it came in at just under 2%.