The Financial Coach

MANAGING PEOPLE AND THEIR EMOTIONS AROUND MONEY

A total rant!

I need to get this off my chest (again)…been fighting with 3 of the bigger insurance companies re the level of disclosure on their products with respect to fees and more specifically the performance on their portfolios… Suffice to say it is a futile exercise – it appears that even in this highly regulated environment …

Commission free life cover…

As a follow up to the post on cutting out the middle man, I thought I would write about another case of “half-truths” from insurance companies. About 6 years ago, I was at a financial planning conference where the issue of fees and commissions was being discussed by a panel. One of the panel members …

Sometimes cutting out the middleman just leaves a gaping hole!

I recently received a marketing offer from 1lifedirect to take out some life cover directly through them, thereby cutting out the paperwork, expensive medicals, the broker and therefore the commission. All of this, they promised, would save me up to 22% on the premiums. Having seen their rather funny TV adverts and being the curious …