Common use of Ongoing advice Clause in Contracts

Ongoing advice. This service will provide you with a review either by telephone, correspondence or face to face. The frequency of the review would be agreed beforehand, but would normally include the following: a valuation, a review of asset allocation and fund selections and the implementation of any agreed changes. The fee will vary as it is based on either the amount of hours it takes to complete the review or on a percentage of the amount currently invested, typically between 0.50% and 0.90% per annum of the value of the investments under advice, payable monthly. This is subject to a minimum fee that is dependent upon the level of service selected. For example, if a Director/Adviser provided a review on an investment worth £120,000 which took 4 hours to complete, our fee might be £780. If a Director/Adviser provided a review on an investment worth £120,000 working on 0.50% of the investment, our fee might be £600, payable at £50 per month. If the fund grew to £130,000, then our fee might be £650, payable at £54.17 per month and if the fund value fell, the amount you would have paid would be less. Where we agree an ongoing advisory service with you, you will be provided with an annual report on costs and charges, including the effect of costs and charges on the overall return of your investments.

Ongoing advice. This service will provide you with a review either by telephone, correspondence video call, post or face to face. The frequency of the review would be agreed beforehand, but would normally include the following: a valuation, a review of asset allocation and fund selections and the implementation of any agreed changes. The fee will vary as it is based on either the amount of hours it takes to complete the review or on a percentage of the amount currently invested; typically, typically between 0.500.55% and 0.900.95% per annum of the value of the investments under advice, payable monthly. This is subject to a minimum fee that is dependent upon the level of service selected. For example, if a Director/Adviser provided a review on an investment worth £120,000 which took 4 hours to complete, our fee might be £780. If a Director/Adviser provided a review on an investment worth £120,000 working on 0.500.55% of the investment, our fee might be £600660, payable at £50 55 per month. If the fund grew to £130,000, then our fee might be £650715, payable at £54.17 59.58 per month and if the fund value fell, the amount you would have paid would be less. Where we agree an ongoing advisory service with you, you will be provided with an annual report summary of the remuneration we have received and the charges that we apply on costs and chargesthe holdings we monitor. Where relevant, including the effect of product providers themselves will send you separate summaries detailing their own costs and charges (and the impact these have on the overall return of your investmentspolicies).