˜Money Box' patronises consumers

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A reader takes issue with the BBC Money Box Investigates look at intermediaries, while one of the show's participants replies

Richard Henderson, partner, Holborn Financial LLP, Wimbledon Sir, 'Money Box Investigates' was an 'exposé' of the deficiencies in the quality of advice offered by 10 tied agents and 10 independent financial advisers, as judged by a panel of three IFAs including the ubiquitous Danby Bloch. The conclusion drawn by this saintly triumvirate was that (despite their apparent expectations) there was no discernible difference in the quality of advice offered by IFAs over their tied brethren, and that 80% of it from both groups fell far short of the standards expected of the professional ad...

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