Britain’s Great Wealth Revival (Financial Planner reacts to Nigel Farage's UK Independent Wealth)

I’ve watched nearly an hour of Nigel Farage pitching his Britain’s Great Wealth Revival product, so you don’t have to.

Britain’s Great Wealth Revival is a one-hour sales pitch leading to a product called UK Independent Wealth; an investment newsletter costing £199 a year.

In this video, I share the scary features of Nigel’s video, including a point you might have missed.

I also offer my assessment of the three ‘wealth-building strategies’ promoted in the video by Nigel Farage and his colleague Rob Marstrand.

Finally, why you would be mad to spend £199 a year for this newsletter, and totally insane to follow its trading tips or buying signals.

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Martin Bamford is a Chartered Financial Planner, Fellow of the Personal Finance Society and Director of Client Education at Informed Choice.

He’s author of three bestselling personal finance books:

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We help people just like you find answers to the big financial questions, making sure you can live a meaningful life as a result.

As an award-winning firm of Chartered Financial Planners working in Cranleigh and Petersfield, we know a thing or two about Independent Financial Planning.

Our team of Financial Planners use their knowledge and experience to deliver impartial and unbiased independent financial advice which will remove stress, bring your goals closer and deliver real financial security.

Informed Choice Ltd. Authorised and regulated by the Financial Conduct Authority.

The guidance contained within this video is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

The value of your investments and the income from them can go down as well as up and is not guaranteed at any time. You may not get back the full amount you invested. Past performance is not a guide to future performance, nor a reliable indicator of future results or performance.

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[themartinbamford]

Will you be taking stock pick tips from Nigel Farage?

[andrewmacintyre]

Snake oil. Absolutely terrifying stuff.

[billyf]

It's actually £79 for the year. I know that a sales pitch is a bit distasteful but the content is actually quite good. You will pay more in sipp fees and pension management fees for a year

[andrewrevell]

Thanks Martin. The first ad that pops up on my U Tube feed is either Paddy Power or Nigel Farage. At least Paddy Power make no claims that they will make me money.

[eddieington]

I had a lot of respect for Nigel Farage. This new venture of his just doesn't feel right. The format is too similar to other get rich schemes on the internet.

[Archiegser]

Just watched your video Martin and I too watched his whole video. 1Hour of my life I won't get back! You annihilated and confirmed succinctly, what I expected in half the time. Thanks I'm out!

[redsmann]

Glad you are unpicking this. I can see right through it, lots of this style of investing going on in the US. He'll probably make more from selling 'newsletters' than the actual investments hes not invested in. Seems like a fake guru sales pitch to me. Interesting to see where this goes next.

Keep up the good work!

[kevtherev]

Watched Farage live. Had to wait 50 minutes wondering when the hook would come. And finally it did. £199 for advice that is not regulated, or underwritten?? Dream on Nigel. Time you retired instead of sponging off everyone else. Think I’ll stick with my rather successful IFA.

[ThomasQuelch]

Loved this video, thank you so much for the heads up, explained brilliantly

[Nickelodeon]

Watching an hour of Nigel? Thanks for taking one for the team lol

[lifeisliving_]

Thank you so much for breaking this down. Much appreciated!!!

[TheHowardBullock]

Nice work Martin. The introduction of a "Master Investor" made my blood boil!

[barneychallen]

Very well explained and analysed. Rob Marstrand would be a lot more credible if he had his whole trading record available, winners and losers over the whole time horizon.

[stevefoyle]

Thank you for adding some balance to the Farage (pronounced garage) reterick.

[Esteric]

Thank for your honesty I'm not rich just a pensioner trying to find somewhere where I can get a bit of interest on my bit of savings as the banks are just stealing everything and my money is getting less and less

[stevendurrant]

Total grift. 3 generations in finance - "I am anti establishment" - chump speaking to chumps.

[myroseaccount]

The government insists if your defined benefit pension is over £30, 000 then you have to get financial advice before you can transfer it. And all IFAs that I have spoken to will only "Recommend" you transfer it if you transfer to their management and pay an ongoing management charge. And before the transfer all IFA will charge 2 to 3% of the value of the pension on transfer plus additional charges for the assessment which can be a further £1000.

All this at the insistence of the government. That is a DISGRACE.

[effyleven]

Does anybody REALLY think I would take financial advice that's got Farage's name on it? Even if it was good advice, my reaction would be negative merely because it's Farage, for crysake!
It was the same with Thatcher. Even when she extolled a policy I happened to agree with (rare), because it was the detested Thatcher I found myself obliged to rethink whether the policy in question was not WRONG after all.

[EastWing]

How's your stock portfolio doing?

[edwardgeorge]

Purplebricks is clearly the other must-have stock alongside Wetherspoons Farage is talking about