Financial
Discounts Direct Discount Brokers
Financial Discounts Direct Discount Brokers
Financial
Discounts Direct provides a high quality service to those
who wish to purchase financial products on discounted terms.
They also provide a library of generic, product and investment
performance data to enable informed decisions to be taken.
The service is specifically tailored for those who seek to
make their own choices without any third party advice.
All
Financial Discounts Direct products carry an Initial Charge
or entry cost. Within this initial charge is a provision to
pay introductory commission to an independent financial adviser.
If you invest through Financial Discounts Direct they will
pass on a share of this commission to you thereby reducing
your entry cost. The amount varies from 70% to 100% depending
on the product you are buying; you should refer to their product
brochures for further details. In addition to their commission
discounts, they frequently negotiate further discounts from
product providers, which they also pass on to you.
Many
people assume that by investing directly with the product
provider it would be cheaper as there is no introducer to
whom commission would be paid. This however is not the case,
as the charges remain the same irrespective of how the business
is introduced. If you go direct to the product provider they
retain this commission and it is they who benefit not you
the investor.
The
best way to obtain a discount is to invest through a discount
broker.
Financial
Discounts Direct charge no handling fee for their services.
For
further information on Financial Discounts Direct Discount
Brokers visit the Financial Discounts Direct website.
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