alaric2

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alaric2 replied to the Land Of Serious Topics board. 13:26

Re: EU nannies hard at work

All we have is a press report - and press reports about the EU only seem to intersect with reality over spelling.

Not just the UK press though, the Germans as well.

[more]

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alaric2 replied to the Land Of Serious Topics board. 11:32

Re: EU nannies hard at work

Olive oil in a jug wouldn't have any food labelling

I think the point was that they wanted to introduce it and banning oil in jugs would be necessary as a consequence. But as always with EU regulations, rather than just saying that [more]

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alaric2 replied to the International - Expat Investors board. 10:02

Re: Generali Vision - help with complaint to FSA

I am waiting for Generali international to respond to my complaints, standard questions they manage to response with documents within a day but a quite basic complaint seems to take weeks. Reading these blogs they must be getting this quite [more]

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alaric2 replied to the Land Of Serious Topics board. 09:09

Re: So If we leave the EU..?

I'm trying to establish what will be so great if we do leave.

You might hope for freedom from a constant stream of petty restrictions. Take the latest one, the proposed ban on unlabelled olive oil dispensers in restaurants. What has [more]

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alaric2 replied to the International - Expat Investors board. 11:49

Re: Generali Vision - help with complaint to FSA

You might wish to also complain about the firm of advisers who sold the Vision to you. Not that the FCA can do anything about it directly, but some of these advisers have UK arms which the FCA are expecting to regulate. So if the culture of the [more]

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alaric2 replied to the Land Of Serious Topics board. 21:04

Re: So If we leave the EU..?

That 'donation' of fishing rights was part of the UK's contribution, and was intended to stimulate a market for British goods.

Was not giving up fishing rights part of the price the Heath government of 1970-74 was prepared to pay in [more]

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alaric2 posted to the Land Of Serious Topics board. 13:59

Intrusive Government Agencies

One might have hoped that the Coalition Government from 2010 would have sought to curb the natural inclination of state agencies to be intrusive. It doesn't seem to be working, as seen by the FCA's desire to learn what everyone with a mortgage is [more]

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alaric2 replied to the Land Of Serious Topics board. 18:06

Re: So If we leave the EU..?

What else would we actually do differently?

Almost everything where there's an EU Directive that the UK is expected to follow. Some cases in point where the UK government might want to take instructions from the British people rather [more]

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alaric2 replied to the Land Of Serious Topics board. 00:51

Re: Who would have thought it....

The French have long had their doubts about whether European economic integration has been good for the French economy.

It's changed a bit more recently, but as recently as six years ago, a trip from England to deepest France [more]

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alaric2 replied to the International - Expat Investors board. 09:42

Re: Generali Vision - help with complaint to FSA

is it the case that the Vision plan is not allowed to be sold in the UK due to some kind of official ruling,

The FCA and all its predecessors have never had direct power to ban products from the UK. They have very strong indirect [more]

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alaric2 replied to the Land Of Serious Topics board. 15:45

Re: spot the difference

It would be absurd to claim anything other than that, in many areas, the reality is that European law has precedence and is not subject to any scrutiny by national parliaments.

A British political party could adopt a policy that [more]

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alaric2 replied to the International - Expat Investors board. 15:33

Re: Generali Vision - help with complaint to FSA

Generali International Limited is regulated by the Guernsey Financial Services Commission

The problem you will face is that the GFSC only really deals with solvency and financial probity issues. It doesn't have much interest in [more]

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alaric2 replied to the International - Expat Investors board. 22:01

Re: Generali Vision - help with complaint to FSA

The number of units canceled is based not upon the unit price when the fee is applied, as generalli senior administrator, customer service manager, my IFA and several other IFAs think, and I have emails to demonstrate this, but on the unit price [more]

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alaric2 replied to the Land Of Serious Topics board. 13:22

Re: Only the small guys pay tax

The issue about multinational Corporations is that they have far more opportunities to indulge in tax arbitrage than a smaller purely domestic Company. License fees appear to be one way of doing it. So you are trading profitably in the UK, but you [more]

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alaric2 replied to the Land Of Serious Topics board. 01:06

Re: Green Industry thrives ?

Perhaps no more, but I thought green was the preferred colour of auditors.

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alaric2 replied to the Ask A Foolish Question board. 09:25

Re: Sharebuilder or ISA or both/

If I were to hold the same shares in the S&S ISA the issues are:

1) Higher dealing costs (likely around £11.95 +0.5% per trade)
2) 0.5% management fee.

It would be unusual to have to pay a management fee of 0.5% [more]

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alaric2 replied to the Land Of Serious Topics board. 16:34

Re: EU Pension stealth tax

The 1983 Labour Manifesto seemed a place to look.

http://www.labour-party.org.uk/manifestos/1983/1983-labour-m...

Whilst it wanted import [more]

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alaric2 posted to the Investment Trusts & Unit Trusts board. 19:06

Switching to clean priced classes

Increasingly OIECS are offering what they call clean share classes. These are where there is no loading in the annual management charge for trail commission.

But how do you go about switching to a clean share class? If the funds are held on [more]

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alaric2 replied to the Selftrade Products & Services board. 10:30

Re: request for bank statement

My reaction was that I shall never deal with HSBC again and that I shall publicise their actions whenever possible. (as I have just done

I left Selftrade many years ago for very similar reasons.

It's Money Laundering and [more]

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alaric2 replied to the International - Expat Investors board. 14:06

Re: Generali Vision - help with complaint to FSA

The typical business model in the offshore financial sector is that the Companies and Advisers will connive to offer products with obscure charging structures and high commissions. The high commissions enable the advisory companies to recruit self [more]