12th November 2011, 08:08 PM
Well its a start, to be honest its more than I was expecting bearing in mind the general state of everything. However as theres been a 2 year freeze, and relatively high inflation, this still doesn't really get us back even to the 2008 starting point, let alone the 13% above inflation rise over 5 years. Too early too judge really, if they keep up the 5%+ rises for the next 3-4 years then perhaps I might start to regard the IFA as doing something useful.
and bajr - if you've been getting adverts etc while having your rates higher than ifa then why stop now? 2% increase on your rates across the board isnt excessive is it, and gives the ifa some encouragement/something to aim for. After all the rationale behind their 5% rise seems to be 'oh people get that anyway' - in other words they're just playing catch up rather than driving through any meaningful rise.
and bajr - if you've been getting adverts etc while having your rates higher than ifa then why stop now? 2% increase on your rates across the board isnt excessive is it, and gives the ifa some encouragement/something to aim for. After all the rationale behind their 5% rise seems to be 'oh people get that anyway' - in other words they're just playing catch up rather than driving through any meaningful rise.