Rex
Predictions League
Joined: June 2014
Posts: 3,287
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Post by Rex on Aug 19, 2015 21:53:31 GMT
I'm not qualified to talk about pensions. However, if anyone wishes to strike up a conversation regarding electrical wholesaling, I'm yer man. I used to work for Denmans! Pah! Call them electrical wholesalers? Mere wannabes who pander to the retail crowd with their Connector magazine.
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Deleted
Joined: January 1970
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Post by Deleted on Aug 19, 2015 22:21:55 GMT
This thread is exhilarating.
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faggotygas
Byron Anthony
Joined: May 2014
Posts: 1,862
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Post by faggotygas on Aug 20, 2015 7:53:06 GMT
You said yourself, they are brokers, not providers. And I may be wrong, but I don't believe that the commission model is allowed any more, I thought it had to be fee based. But that may just be retail. Right. But nobody said they were pension providers. They said they sell and arrange pensions. Which they do. Brokerage is not selling. How can somebody who is not a pension provider sell a pension plan? Jelf do not set the price, or receive the money for the sold product - they receive a fee, or commission, for making the arrangements, and negotiating special terms. They are agents, intermediaries. They sell advice, and they broker deals. The deal is between the selling party (the pension provider) and the buying party (the employer).
God of all knowledge, Wikipedia - 'A broker is an individual or parties (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. '
For example - if Natham Blissett's agent was to negotiate with Arsenal and we were to subsequently sell Blissett to Arsenal for £30m quid, Blissett's agent would receive a well earned fee or commission from that deal, paid by Arsenal. But Rovers would still be the selling party.
Anyway, I want hear more about electrical wholesaling.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 20, 2015 7:56:23 GMT
Right. But nobody said they were pension providers. They said they sell and arrange pensions. Which they do. Brokerage is not selling. How can somebody who is not a pension provider sell a pension plan? Jelf do not set the price, or receive the money for the sold product - they receive a fee, or commission, for making the arrangements, and negotiating special terms. They are agents, intermediaries. They sell advice, and they broker deals. The deal is between the selling party (the pension provider) and the buying party (the employer).
God of all knowledge, Wikipedia - 'A broker is an individual or parties (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. '
For example - if Natham Blissett's agent was to negotiate with Arsenal and we were to subsequently sell Blissett to Arsenal for £30m quid, Blissett's agent would receive a well earned fee or commission from that deal, paid by Arsenal. But Rovers would still be the selling party.
Anyway, I want hear more about electrical wholesaling.
Well explained. I concede. But I still think its a silly discussion
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faggotygas
Byron Anthony
Joined: May 2014
Posts: 1,862
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Post by faggotygas on Aug 20, 2015 8:04:10 GMT
Brokerage is not selling. How can somebody who is not a pension provider sell a pension plan? Jelf do not set the price, or receive the money for the sold product - they receive a fee, or commission, for making the arrangements, and negotiating special terms. They are agents, intermediaries. They sell advice, and they broker deals. The deal is between the selling party (the pension provider) and the buying party (the employer).
God of all knowledge, Wikipedia - 'A broker is an individual or parties (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. '
For example - if Natham Blissett's agent was to negotiate with Arsenal and we were to subsequently sell Blissett to Arsenal for £30m quid, Blissett's agent would receive a well earned fee or commission from that deal, paid by Arsenal. But Rovers would still be the selling party.
Anyway, I want hear more about electrical wholesaling.
Well explained. I concede. But I still think its a silly discussion I wasn't really expecting it to go down those lines either, and to be honest I deeply regret it
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simonj
Archie Stevens
Joined: May 2014
Posts: 817
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Post by simonj on Aug 20, 2015 8:23:04 GMT
Right. But nobody said they were pension providers. They said they sell and arrange pensions. Which they do. Brokerage is not selling. How can somebody who is not a pension provider sell a pension plan? Jelf do not set the price, or receive the money for the sold product - they receive a fee, or commission, for making the arrangements, and negotiating special terms. They are agents, intermediaries. They sell advice, and they broker deals. The deal is between the selling party (the pension provider) and the buying party (the employer).
God of all knowledge, Wikipedia - 'A broker is an individual or parties (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. '
For example - if Natham Blissett's agent was to negotiate with Arsenal and we were to subsequently sell Blissett to Arsenal for £30m quid, Blissett's agent would receive a well earned fee or commission from that deal, paid by Arsenal. But Rovers would still be the selling party.
Anyway, I want hear more about electrical wholesaling.
No way can we stop this thread, its too exciting. So if I buy an apple from a market stall is the stall keeper selling me the apple or broking the product to me once the deal is executed?
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Rex
Predictions League
Joined: June 2014
Posts: 3,287
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Post by Rex on Aug 20, 2015 8:33:40 GMT
What are peoples thoughts on the implementation of amendment 3, meaning that all consumer units installed from the 1st of January will have to be metalclad? Also, what impact do you think Hamilton- Litestat will have now that they have moved into that market?
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Post by CountyGroundHotel on Aug 20, 2015 8:33:43 GMT
Right. But nobody said they were pension providers. They said they sell and arrange pensions. Which they do. Brokerage is not selling. How can somebody who is not a pension provider sell a pension plan? Jelf do not set the price, or receive the money for the sold product - they receive a fee, or commission, for making the arrangements, and negotiating special terms. They are agents, intermediaries. They sell advice, and they broker deals. The deal is between the selling party (the pension provider) and the buying party (the employer).
God of all knowledge, Wikipedia - 'A broker is an individual or parties (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. '
For example - if Natham Blissett's agent was to negotiate with Arsenal and we were to subsequently sell Blissett to Arsenal for £30m quid, Blissett's agent would receive a well earned fee or commission from that deal, paid by Arsenal. But Rovers would still be the selling party.
Anyway, I want hear more about electrical wholesaling.
Can someone contact Nathan Blissett's agent and offer him a fee of 50% on any deal he arranges over £29.9m?
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faggotygas
Byron Anthony
Joined: May 2014
Posts: 1,862
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Post by faggotygas on Aug 20, 2015 8:49:33 GMT
Brokerage is not selling. How can somebody who is not a pension provider sell a pension plan? Jelf do not set the price, or receive the money for the sold product - they receive a fee, or commission, for making the arrangements, and negotiating special terms. They are agents, intermediaries. They sell advice, and they broker deals. The deal is between the selling party (the pension provider) and the buying party (the employer).
God of all knowledge, Wikipedia - 'A broker is an individual or parties (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. '
For example - if Natham Blissett's agent was to negotiate with Arsenal and we were to subsequently sell Blissett to Arsenal for £30m quid, Blissett's agent would receive a well earned fee or commission from that deal, paid by Arsenal. But Rovers would still be the selling party.
Anyway, I want hear more about electrical wholesaling.
No way can we stop this thread, its too exciting. So if I buy an apple from a market stall is the stall keeper selling me the apple or broking the product to me once the deal is executed?
They are selling you an apple.
If there was a bloke going round the market stalls on your behalf and negotiating the best price for an apple, giving you a choice of 5 market stalls that sell apples that meet your requirements, and taking a commission or fee for the work once you have bought the apple from one of the market stalls, he would be an apple broker.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 20, 2015 8:57:19 GMT
What are peoples thoughts on the implementation of amendment 3, meaning that all consumer units installed from the 1st of January will have to be metalclad? Also, what impact do you think Hamilton- Litestat will have now that they have moved into that market? Are we still on Part P??
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Rex
Predictions League
Joined: June 2014
Posts: 3,287
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Post by Rex on Aug 20, 2015 9:01:21 GMT
What are peoples thoughts on the implementation of amendment 3, meaning that all consumer units installed from the 1st of January will have to be metalclad? Also, what impact do you think Hamilton- Litestat will have now that they have moved into that market? Are we still on Part P?? Yes, since 2005. Although Part P, does have a relevance to the wholesale trade, strictly speaking it is more to do with contracting, could we try to stay on topic?
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Post by Henbury Gas on Aug 20, 2015 9:37:32 GMT
Right. But nobody said they were pension providers. They said they sell and arrange pensions. Which they do. Brokerage is not selling. How can somebody who is not a pension provider sell a pension plan? Jelf do not set the price, or receive the money for the sold product - they receive a fee, or commission, for making the arrangements, and negotiating special terms. They are agents, intermediaries. They sell advice, and they broker deals. The deal is between the selling party (the pension provider) and the buying party (the employer).
God of all knowledge, Wikipedia - 'A broker is an individual or parties (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. '
For example - if Natham Blissett's agent was to negotiate with Arsenal and we were to subsequently sell Blissett to Arsenal for £30m quid, Blissett's agent would receive a well earned fee or commission from that deal, paid by Arsenal. But Rovers would still be the selling party.
Anyway, I want hear more about electrical wholesaling.
Don't know F all about pensions, electrical wholesaling or dildo service plans, but i know alot about Windows 10 cause i'm a Microsoft MCSE
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faggotygas
Byron Anthony
Joined: May 2014
Posts: 1,862
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Post by faggotygas on Aug 20, 2015 9:41:54 GMT
Brokerage is not selling. How can somebody who is not a pension provider sell a pension plan? Jelf do not set the price, or receive the money for the sold product - they receive a fee, or commission, for making the arrangements, and negotiating special terms. They are agents, intermediaries. They sell advice, and they broker deals. The deal is between the selling party (the pension provider) and the buying party (the employer).
God of all knowledge, Wikipedia - 'A broker is an individual or parties (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. '
For example - if Natham Blissett's agent was to negotiate with Arsenal and we were to subsequently sell Blissett to Arsenal for £30m quid, Blissett's agent would receive a well earned fee or commission from that deal, paid by Arsenal. But Rovers would still be the selling party.
Anyway, I want hear more about electrical wholesaling.
Don't know F all about pensions, electrical wholesaling or dildo service plans, but i know alot about Windows 10 cause i'm a Microsoft MCSE That's the thread killed, good work.
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Post by Henbury Gas on Aug 20, 2015 9:45:20 GMT
Don't know F all about pensions, electrical wholesaling or dildo service plans, but i know alot about Windows 10 cause i'm a Microsoft MCSE That's the thread killed, good work. Just following your lead on most other posts
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 20, 2015 9:53:35 GMT
Yes, since 2005. Although Part P, does have a relevance to the wholesale trade, strictly speaking it is more to do with contracting, could we try to stay on topic? My apologies, not been involved since 2005 in your trade... What was the topic again? Drawdown Pensions?
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dido
Predictions League
Peter Aitken
Joined: May 2014
Posts: 1,883
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Post by dido on Aug 20, 2015 10:37:54 GMT
Rex, I haven't been able to get a copy of Connector magazine. I was hoping to connect with a "willing" and sparky lady with a GSOH.
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faggotygas
Byron Anthony
Joined: May 2014
Posts: 1,862
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Post by faggotygas on Aug 20, 2015 10:45:54 GMT
Yes, since 2005. Although Part P, does have a relevance to the wholesale trade, strictly speaking it is more to do with contracting, could we try to stay on topic? My apologies, not been involved since 2005 in your trade... What was the topic again? Drawdown Pensions? Hargreaves Lansdown doing pretty well out of those
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Post by Henbury Gas on Aug 20, 2015 11:01:39 GMT
My apologies, not been involved since 2005 in your trade... What was the topic again? Drawdown Pensions? Hargreaves Lansdown doing pretty well out of those They are doing a very good job with mine.... Am i a traitor now ?
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Smithy Gas
Craig Hinton
Joined: May 2014
Posts: 271
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Post by Smithy Gas on Aug 20, 2015 12:25:45 GMT
So should I be getting a pension or some dimmer switches? I am confused!
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 20, 2015 14:02:27 GMT
So should I be getting a pension or some dimmer switches? I am confused! Keep up. Its all about Dim Pensions
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