put it this way ,,have you ever been to a CIRCUS ? you have! well you remember those people who made you laugh ? well finance advisers can also do this ..they can also make you cry ..
HERES a funny story .true-as well .
we had a clown ,visited us as they do for many years charging us fees etc , also fees that were not revealed ,to us which we discovered later .
well after13 years of having him sponge of us we realised he had F.C.ED US big style he said the investments were not taxable as they were a specific type of investment .
WELL we realised these were taxable when we questioned him saying why ,did you set these investments as they are taxable ,, he ran away and left us with a tax bill of 13 years plus interest .
PEOPLE will say ,why did you not make your own enquiries into what is taxable and what is not
well the answer to that is BECAUSE WE WERE PAYING A PROFESSIONAL . .
well it cost us dearly so MAKE SURE IT DOESNT HAPPEN TO YOU
LEAVE THE CLOWNS IN THE CIRCUS