ADVISER CHARGES Sample Clauses

ADVISER CHARGES. It is your responsibility to agree with your client the level of adviser fees that you will charge for providing advice relating to the plan introduced. If these adviser charges are to be deducted direct from the client’s pension scheme, then the details must be set out in the appropriate section of the Application Form. No Adviser Fees will be deducted from the client’s pension scheme account without the client’s express authority. Where allowable, you and your client can elect for adviser charges to be determined on a fixed rate, or as a percentage of the client’s fund, or a combination of both. Ongoing adviser charges (where permitted) will be deducted from the account in a manner consistent with the product’s charging structure, either annually in advance or where a percentage of the fund is specified, this will be based on the valuation of the plan and calculated on a daily basis. Where initial adviser charges are required, these can also be set at a fixed amount or as a percentage of the initial funds in the account. Initial adviser charges will be deducted and paid to you upon receipt of sufficient funds in the respective account. Should you require payment of ad hoc adviser charges in respect of the plan, these can only proceed with a clear and detailed invoice co-signed by the client to indicate acceptance along with a clear breakdown of the charges made. Insistence will also be made that the work can be considered to be on a ‘reasonable basis’s prior to commencement such that the Trustees of the respective scheme can approve. Refer to the PDS and specific product literature. None of the adviser charges deducted from a client’s account are to be rebated to the client. Adviser charges will be paid to your firm’s nominated bank account set out on this declaration and written confirmation will also be sent to your nominated address. It is the responsibility of both you and your client to ensure that there are sufficient funds available in the Client’s account to meet any adviser charges due to you. If insufficient funds are available, then no adviser charges will be deducted until such time as sufficient funds are made available.

ADVISER CHARGES. (a) If the investor invests in a portfolio through an adviser, the investor can pay for the services of that adviser in two ways. Firstly, the investor can agree to pay a fee directly to the adviser or secondly, the investor can ask us to facilitate payment of adviser charges as set out in this section and the adviser charges section of the tariff of charges. (b) If the investor invests in a product we can only facilitate payment of adviser charges through the product where this is permitted by the product provider’s terms and conditions and applicable regulations. (c) An adviser charge must be agreed between the investor and the investor’s adviser. We are not responsible for setting the amount of the adviser charge and this is a private matter between the investor and their adviser. We do not get involved in any dispute between the investor and their adviser. If there is a dispute as to what the investor has actually agreed to pay the adviser, the investor and the adviser must resolve that dispute between themselves. (d) The investor agrees that we may deduct an adviser charge from the portfolio in accordance with instructions we receive from the investor. Where the investor’s adviser forwards the investor’s instructions to us, we will always write to the investor directly to confirm that we have taken this instruction. (e) As soon as we move money from the investor’s portfolio in accordance with the instruction to pay charges to the investor’s adviser, this is no longer the investor’s money and becomes due and payable by us to the investor’s adviser. (f) We do not have to agree to facilitate the payment of adviser charges and we may refuse to do so, for any reason. (g) If we agree to facilitate the payment of adviser charges, we will send the investor a confirmation letter showing the adviser charges the investor’s adviser has instructed us to deduct from the investor’s portfolio. It is very important that the investor notifies us if their address has changed before asking us to pay an adviser charge. (h) It is also important that the investor checks whether the confirmation letter is correct and if not, that the investor informs us immediately.‌ (i) If the adviser charges shown in the confirmation letter are not what the investor has agreed with their adviser, the investor should contact the adviser as soon as possible. The investor should note that the confirmation letter may not show all remuneration they are paying the adviser (for example, any fees ...

ADVISER CHARGES. 11.1 All matters relating to the payment of Adviser charges by the Company to the Intermediary shall be governed by these Terms, as amended from time to time, together with the Regulatory Requirements. 11.2 The Company will act in accordance with a Client instruction with regard to payment of Adviser charges. 11.3 Adviser charges may be deducted from the Investment monies if the Client has instructed us to do so in writing or on the Application Form. 11.4 The Company will pay Adviser charges weekly, following receipt of cleared investment funds. 11.5 The Intermediary shall repay to the Company any Adviser charge received by the Intermediary in error. 11.6 The Company will not enter into any disputes between the Intermediary and a Client relating to Adviser charges. 11.7 The Company may deduct any amount due to be repaid to the Company from any amount due from it to the Intermediary.