Shouln't be allowed to Advise customers - Financial Advisor Foresters Financial Employee Review

1.0
24 Jun 2020
Recommend
CEO approval
Business outlook

Pros

Work from home Manage your own diary Bonus can be good initially

Cons

100% clawback on every part of your bonus 100% clawback of bonus TO YOU even if a previous adviser on your postcode area was paid it initially Can rack up £1000's of indebtedness to the company. Which they try to make you repay. Not sure if they can do this LEGALLY, but ethically it is awful to try and make an employee pay back bonus that another employee was paid it They should be reported to the FCA Sell at all cost attitude The advisers AND managers are not qualified Financial Advisers. They are NOT LEVEL 4 QUALIFIED which is the industry standard. AVOID at all cost No mobile phone Car is tracked 24/7 Mileage allowance paid does not cover actual cost of fuel 20 days holiday only

Explore other reviews about Foresters Financial

5.0
2 Apr 2024
Recommend
CEO approval
Business outlook

Pros

Really knowledgeable colleagues who helped get you off your feet

Cons

If you are a people person, it's a great place to start a career.

4.0
17 Dec 2024
Recommend
CEO approval
Business outlook

Pros

Nice place to work altogather

Cons

Sudden separation and sudden layoff

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