ADVICE FEE Clause Samples
ADVICE FEE. 6.1. The Licensee will ensure each Nominated Adviser:
6.1.1. does not submit a Payment Authority to Hostplus with respect to an Advice Fee, unless the Advice Fee relates solely to advice given in relation to a members interest in Hostplus and is commensurate with the type and scope of the Authorised Services provided
6.1.2. acknowledges the Hostplus Advice Fee Caps and Minimum Account Balance requirements, as published on the Hostplus website; and
6.1.3. immediately notifies Hostplus if it knows or suspects that an Advice Fee has been charged in breach of this Agreement or any Relevant Law.
6.2. A Member may revoke a Payment Authority at any time by notice to Hostplus (in writing or verbally). On receiving a revocation by a Member, Hostplus will
6.2.1. notify the Nominated Adviser that the revocation has been received; and
6.2.2. not make any further payments under the Payment Authority.
6.3. Hostplus retains discretion to, in any particular case:
6.3.1. refuse to pay an Advice Fee in accordance with a Payment Authority; or
6.3.2. make payment of an Advice Fee for only a portion of the amount specified in a Payment Authority for any reason.
6.4. If Hostplus knows or suspects that an Advice Fee has been charged in breach of these Terms and Conditions, or for Fees for No Service, or any Relevant Law, or following the death of a Member, it may, by notice to the Licensee, require the Licensee to refund the Advice Fee to Hostplus.
6.5. Upon receipt of a notice under clause 6.4, the Licensee must refund the Advice Fee referred to in the notice as soon as practicable, or otherwise within 14 days.
ADVICE FEE. If you wish to continue to the advice stage, there would be a fee of £3,000 for our report – this would be chargeable irrespective of the outcome. This may be subject to VAT. If we transact advice then there will be an additional liability charge – ‘Implementation Fee’ based on the transfer value (any advice fee that would have been due will be offset against this fee). Please see the next section. If you invest £50,000, our fee will be £3,000* £3,000* If you invest £100,000, our fee will be £3,000 £3,000 If you invest £500,000, our fee will be £7,500 £5,000 £12,500 Pensionhelp Wealth Service Ongoing Fee Agreed: PENSIONHELP PERIODIC FEES % pa £ pa OTHER ADVISER PERIODIC FEES Ongoing Service provided by: (Insert Company Name) Ongoing Fee Agreed: If you have a percentage fee, you must also complete the indicative monetary fee in the next box Fee to be added on at outset (please tick) Fee to be used in projections and added on later (please tick) % pa £ pa
ADVICE FEE. The referee will receive 30% of the fee charged per successful referral for the first year. As an example, if the total fee earned was R4000, the referee will receive R1200 paid in monthly increments for the first year.