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Panorama report slammed as sensational TV

06 October 2010

The BBC Panorama programme Who Took My Pension? – an investigation into how greedy finance companies are taking huge commission from their clients - has been slammed as “lazy and selective journalism” by Kent financial advisor Simon Ludden.

Simon, financial planning manager at leading regional law firm Furley Page, said: “The subject of retirement planning is far too important to be left to journalists whose only intention is to make sensational TV programmes.

“Of course there is an issue here. Clearly some advisors are taking unreasonable levels of commission which aren’t sustainable in the current climate but many people will now be questioning whether it’s worth saving money in a pension scheme at all.

“Like any product, some pensions are better than others. What responsible journalism should be doing is getting the right balance and pointing people to the best value and best investment performance rather than tarring the whole industry with the same brush.”

Simon’s advice? Find a fee-based independent financial advisor who will guide you through the complex pensions issue and help you get the best possible deal.

For further information on pensions call Simon Ludden on 01227 763939 or send him an email.


Notes to editors

Established in 1725, Furley Page Solicitors has offices in Canterbury, Chatham, Whitstable and Lloyd’s of London, offering legal services across wide-ranging practice areas in commercial and private client law. It is led by 20 partners and supported by more than 100 legal staff. Furley Page is recommended by Chambers and the Legal 500. Furley Page is authorised by the Financial Services Authority to offer independent financial advice. For further details go to www.furleypage.co.uk

Furley Page has offered independent financial advice for more than a decade. As founder members of Solicitors for Independent Financial Advice [SIFA], it appreciates the differing financial needs and personal expectations of clients, whether they are individuals or businesses. Furley Financial, the firm’s financial planning team, operates as a division of Furley Page Solicitors. It combines the wealth of legal expertise with professionally qualified, highly experienced financial advisers. It is completely independent and therefore able to provide advice on how best to meet clients’ specific goals and aspirations from a wide range of sources across the entire marketplace, with no bias towards any one company. 

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