We offer two straightforward service propositions, Transactional and Classic, and will help you understand each and their suitability for you. IFAs can be paid in three ways:
- Direct Fee – paid by you and we will tell you if it is subject to VAT
- Commissions – For protection products only and paid by the product provider and recouped by them through product charges. Clearly disclosed in the product illustration. No VAT
- Fee via Product – As agreed with you in advance and paid by deduction from your investment or fund. We will tell you if it is subject to VAT.
Commissions for protection products are set by the product providers and will be shown in our research and explained to you. Our typical charge for lump sum investments is up to 5% of the sum invested or 3% of the initial sum plus 0.5% per annum taken as part of the product charges.
If you require a review only and will not proceed to Implementation we may charge a fee from £475 + VAT.
We are committed to treating our clients fairly so may alter our normal remuneration levels if we believe it is commercially or otherwise justified.