Her best course of action would be to wait until she is next in Australia and seek proper professional advice pertinent to her circumstances, not the circumstances some shyster will talk her into for ulterior motives. The best advice I can give ozgirl, if you dont know what to do, do nothing. I'm sorry, but when I read such illustrious names as, Royal Skandia, Barclay Spencer and Fry International, the alarm bells start ringing.
My advice would be to stick to the big global companies or read up yourself with the right books, mags, newspapers. If they have any of the above, stay well away. Nothing wrong with being a former English teacher, you just dont want serious investment advice from one.ģ) The investment products they offer are weird or unorthodox and not offered by any of the big financial investment institutions (HSBCs, Goldman Sachs, banks etc of this world etc), typical products include plots of land that are divided up among investors, student accommodation in UK etc.Ĥ) they cold call you offering you investment advice. Sure signs that the company is a rip off shop or just not capable of giving good investment advice:ġ) The expat investment advisor staff are not on a salary, they are paid by commission to sell the companies investment 'product'.Ģ) The investment advisors are former english teachers. Stay well clear of most no-name investment companies with expat staff based in Thailand. If you want more info send me a pm and I will give you contact details, they already have clients in Thailand (I started with them when i lived in KL) so they will come to Thailand to meet you. one refreshing thing is I know a senior guy from Royal Skandia, the company I use also use Royal Skandia products as well as others and he speaks highly of the company I use. the company is growing and have moved to a larger office. I have never had any problems with this guy or with this company, always professional, always courteous. The guy I deal with has worked for them for 7 years, he has his qualifications, I know the company owners through dealing with them (one is ex inland revenue from the UK so he is up to speed on tax issues, although they still recommend to use a tax lawyer for tax issues). I use a company in Malaysia, an established company. sadly the industry is not well regulated in Thailand and I put no trust in Thailand. I see you got the normal nonsense ideas as usual on here.