Halifax Pensions

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Halifax Pensions

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80% positive

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Review of "Halifax Pensions"

published 17/05/2002 | MJKerr
Member since : 01/12/2000
Reviews : 37
Members who trust : 1
About me :
Super
Pro clear policy
Cons increased costs
helpful

"formerly Equitable Life"

Although Halifax has been in existence for many years, specialising in Mortgages, like other banks they have never excelled in Pensions.

Now that Halifax and the remains of Equitable Life have joined forces, is this a policy to consider?
Halifax has proven its commitment to customers in the past, although concentrating on the majority and disregarding the minority. The recent merger with Bank Of Scotland is another sensible business decision, bringing the BoS experience of business accounts, previously very low with Halifax.

Equitable Life has brought a captive market of new customers, severly let down by the previous management and also allows the new BoS customers to be catered for.

This increase in customer base should result in lower charges in the longterm as well as longterm growth from the Halifax own investment experience.

Only time will tell, but the majority of former Equitable Life policy holders are optimistic with the future of policies provided by Halifax.

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Comments on this review

  • ariadne published 11/02/2003
    Some useful general commentary on Halifax's business position but perhaps not enough specific information on their pension products.
  • bollywoodman published 17/05/2002
    i have to agree with the 2 comments below! nice op; but slow down! take the advice given! - sam -
  • mark.collins published 17/05/2002
    I am not even going to rate this rubbish - this is the ninth op you have done today. Forget it
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Product Information : Halifax Pensions

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Listed on Ciao since: 13/06/2008