Don't Pay Too Much - Why You Need To Review Your Contracts
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Don't Pay Too Much - Why You Need To Review Your Contracts
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In the penultimate episode of Season 3, Sarah and Dennis discuss the importance of reviewing premiums and checking charges on financial contracts.
We receive annual alerts when our car and home insurance is due for renewal. But our life assurances and savings plans tend to run quietly in the background. The direct debit leaving the account each month without much thought.
Why aren't we paying more attention?
Dennis and Sarah discuss:
- Old with-profits bonds set up in good faith delivering shockingly poor returns
- Life assurance contracts with overly high premiums
- Pension plans invested in sub-optimal default funds
- Investments subject to charges which significantly reduce their long-term growth
With over 35 years in financial services, Dennis has all too often come across people whose finances have been detrimentally affected due to lack of review.
When was the last time you reviewed yours?
Useful information
Host: Dennis Hall
Host: Sarah Steele
Contact us: ask@yellowtail.co.uk
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