What we do and how we charge

Our latest charges are in our “What we do and how we charge” document which we will provide to you.


Step 1
We understand your objectives and plans.

Step 2
We charge a fee to put our advice in writing.

Step 3
You consider our advice under no obligation.

Step 4
Agreed actions are implemented for the agreed fee.

Examples of typical charges for investments and pensions are below:


EXAMPLE 1 – Investments

TYPE

Advising on and arranging lump sum investments excluding pension transfers.

Payment due on acceptance of our recommendation and/or set up of a new investment/pension is a tiered fee based on the investment amount.

Service typically suitable for those with an existing investment, or a lump sum to invest of more than £150,000.

Our Fees

On the first £100,000 the charge is 2.5%
The charge is 1.75% on additional amounts between £100,001-£350,000
The charge is 1.5% on additional amounts between £350,001-£1,000,000
Plus 0.75 % on the amount over £1,000,000

For example:
You ask us to conduct a review of investments (excluding offshore) with a charge of £500 and then you elect to invest:

Investment Amount Your Potential Fee Total Fee (Inc. Review Fee)
£150,000 £3,375 (2.25%) £3,875 (2.58%)
£250,000 £5,125 (2.05%) £5,625 (2.25%)
£450,000 £8,375 (1.86%) £8,875 (1.97%)
£850,000 £14,375 (1.69%) £14,875 (1.75%)

Note: All figures exclude VAT



EXAMPLE 2 – Pensions (** See Note Below)

TYPE

Providing advice relating to pension lump sums and transfers, including advice on what to do with your pension arrangements at retirement (your living in retirement options).

Payment due on acceptance of our recommendation and/or set up of a pension is a tiered fee based on the investment amount.
Service typically suitable for those with an existing investment, or a lump sum to invest of more than £250,000.

Our Fees

On the first £100,000 the charge is 3%
The charge is 2% on additional amounts between £100,001-£350,000
The charge is 1.5% on additional amounts between £350,001-£1,000,000
Plus 0.5 % on the amount over £1,000,000

For example:
You ask us to conduct a pension review (excluding guarantees) with a charge of £500 and then you elect to invest:

Investment Amount Your Potential Fee Total Fee (Inc. Review Fee)
£250,000 £6,000 (2.40%) £6,500 (2.60%)
£450,000 £9,500 (2.11%) £10,000 (2.22%)
£850,000 £15,500 (1.82%) £16,000 (1.88%)
£1,100,000 £18,250 (1.66%) £18,750 (1.70%)

Note: All figures exclude VAT



** Complex Advice Solutions

Certain advice is more complex and requires specific fees.

Complex advice solutions include:
• Pension schemes with Safeguarded benefits (Guarantees)
• Defined Benefit pension arrangements
• Lifetime Care solutions
• Specific Inheritance Tax recommendations including trust advice and set-up

Safeguarded Benefits (Guarantees) should often be retained. Defined Benefit advice is required to come under non-contingent charging (where you pay for the advice irrespective of taking any action). Therefore we provide brochures and information about this area before you take advice to ensure that our advice and costs are relevant to your needs.

For Lifetime and Inheritance Tax advice, any additional charge is at the discretion of your adviser. Please note that you should also add in the charge relating to the investment advice in the previous table section.