I want to reject my last IFA appointment for the following reason…


We get our fair share of rejected IFA appointments each month by our IFA clients.  This was not one of our best IFA appointments!

I went to see Mr XXX  at his home at 2:00 today. Mr XXX has 23 cats in his house, 4 turtles, 3 dragon lizards, chinchillas, and many other animals all over his house.  

It was not very pleasant in the slightest.

Mr XXX said he was not sure of what I was coming to discuss with him. (In all fairness, he didn’t really let me get a word in for almost 30 minutes).

He said he has been contacted many times by yourselves to arrange an appointment, and he said that you have booked appointments with other advisory firms in the past and he has received txt messages from another advisor who was meant to come and see him but didn’t.  

It turns out that he has a company pension with Jauguar that is still active. He has a small pension with Equitable Life with £5000 it. He also said he has another pension that he took out through work back in the late 80’s. He said he could not remember how much was in there, who it was with of what he had done with the statement. When I asked him howe much he thought was in there, he said ghe believes around the same amount as his Equitable Life pension (£5000). Based on the state of his house and how he lives, I don’t expect he will find it any time soon.

I told him that I would not be able to help him and that you may be in touch with him again.

When we asked for proof that the pension funds was below £12,500 – we was swiftly told by the IFA that even if he had a statement, it would no doubt be covered in cats urine! – We swiftly rejected the IFA appointment!

Ryan Mellor is Co-founder of RMT Group, RMT Direct Leads, IFA Direct Home and RegulatedAdvice.co.uk.