Virgin Direct Reviews
Newest Review: ... be reluctant to trust him with something as important as a pension. However Virgin Direct is 50% owned by AMP, one of the worlds largest insurers. Furthermore the fund management is controlled by Henderson Investors, one of the UK's leading fund managers (many people believe trackers are easy to administer - this is not true at all and fund managers are still required, although the work they put in is minimal comared to normal funds!). Customers can take comfort at the quality of the business partners that Branson chose for this, and AMP manage the business carefully. The main drawback, in my view, is that this is a mass market prod... more
Customer Virgin Direct Reviews (1)
by - written on 13/01/01, updated on 13/01/01 (Very useful, 496 readings)
Rating:
Virgin Direct are a typical Branson company. They offer a simple, good value product - i.e. a cheap tracker mortgage. With this product you know exactly what you are getting and how much you are paying. Of course you do not know performance as that depends on the UK market which it tracks, but you can be fairly comfortable with the fact that you will probably get similar performance to most fund managers, without paying the usual high charges associated with pensions. Customer services are slick as you would expect. Many people have concerns with Branson, and would be reluctant to trust him with something as important as a pension. However ... Read the complete review
