Ongoing Reviews and Changes to Existing Investments. We will discuss the full range of our on-going services during our initial consultation. These services include, but are not limited to, providing you with: • structured reviews to give you peace of mind; • an assessment of your circumstances and any changes to your plans that are needed; • regular updates and information regarding your holdings; • a choice of differing levels of support depending on your needs; • ongoing support with correspondence and administration issues. Details of these different levels of services are contained in our Service Proposition and Engagement document. We will agree separately the level of on-going services at the time of, or prior to, making our recommendation(s) to you. Typically our costs range from 0.5% to 1% per annum and are based on the value of your investment(s) at each 12 month anniversary, and are paid pro-rata in arrears. Therefore, if the value of your investment(s) totalled £50,000 our yearly fees would range from £250 to £500. The amount you pay will fluctuate with the value of your investment; if your investment increases in value the amount you pay us will also increase and if your investment falls in value the amount you pay us will reduce. Any change to the level of services throughout this agreement will result in pro-rata charge being applied. The charges listed above can be deducted from your investments or paid directly by you. You should note that when paid though the investments it may reduce your personal tax thresholds and/or exemption levels. Where this happens we will discuss it with you and confirm it in your personal recommendation report. It should be noted that if you choose any of our ongoing management services they are subject to a minimum fee per annum. Transactional only £Nil Level 3 £150 Level 2 £750 Level 1 £1000 Example 1; if your investments are valued at £50,000 and you have selected Xxxxx 0 (0.5%) the ongoing management fee we would receive is £250. Example 2; if your investments are valued at £120,000 and you have selected Xxxxx 0 (0.75%) the ongoing management fee we would receive is £900. As this is equal to the minimum ongoing service fee no other charges would be applied. If you wish to pay directly you can spread the payment over a 12 month period we can arrange for a standing order to be set up on a monthly basis at 1/12 of the fee agreed. Should you decide to cancel our agreement to provide on-going services you must provide written confirmation of your decision and we will cease payments for these services within 7 business days and after collection of any due proportion of any period charges.
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Samples: Client Agreement for Investments & Insurances, Client Agreement for Investments & Insurances
Ongoing Reviews and Changes to Existing Investments. We will discuss the full range of our on-going services during our initial consultation. These services include, but are not limited to, providing you with: • structured Structured reviews to give you peace of mind; • an assessment Assessment of your circumstances and any changes to your plans that are needed; • regular Regular updates and information regarding your holdings; • a A choice of differing levels of support depending on your needs; • ongoing Ongoing support with correspondence and administration issues. These should be considered maximum figures unless the work undertaken is complex, we will inform you of this in advance. Details of these the different levels of services are contained shown in our Service Proposition and Engagement documentthe table overleaf. We will agree separately the level of on-going services at the time of, or prior to, making our recommendation(s) to you. Typically • Review of Objectives • Review of Risk profile • Review of Asset Allocation (if required) • Review of tax changes • Updates & valuations ✓ ✓ ✓ ✓ Professional expertise and ✓ into our costs range from 0.5% investment processes ✓ ✓ Estate planning ✓ ✓ Ongoing access to 1% per annum and are based on the value your ✓ ✓ ✓ Ongoing access to our ✓ ✓ ✓ Quarterly newsletter ✓ ✓ Budget statement review ✓ ✓ Liaison with accountant / ✓ ✓ It should be noted that if you choose any of our ongoing services they may be subject to a minimum fee. Where we agree to provide ongoing services, you can choose to cancel this at any time by providing us with written confirmation of your investment(s) at each 12 month anniversary, and are paid pro-rata in arrearsdecision. Therefore, Payments would then cease within 7 business days or after collection of any due proportion of any period charges if the value of your investment(s) totalled £50,000 our yearly fees would range from £250 to £500. The amount you pay will fluctuate with the value of your investment; if your investment increases in value the amount you pay us will also increase and if your investment falls in value the amount you pay us will reduce. Any change to the level of services throughout this agreement will result in pro-rata charge being appliedlater. The charges listed above can be deducted from your investments or paid directly by you. You should note that when paid though the investments it may reduce your personal tax thresholds and/or exemption levels. Where this happens we will discuss it with you and confirm it in your personal recommendation report. It should be noted that if you choose any of our ongoing management services they are subject to a minimum fee per annum. Transactional only £Nil Level We list here 3 £150 Level 2 £750 Level 1 £1000 Example 1; if your investments are valued at £50,000 and you have selected Xxxxx 0 (0.5%) the ongoing management fee we would receive is £250. Example 2; if your investments are valued at £120,000 and you have selected Xxxxx 0 (0.75%) the ongoing management fee we would receive is £900. As this is equal examples to the minimum ongoing service fee no other above charges to help you understand how these would be appliedapplied You can choose to pay these fees directly or by deduction from the investment(s) you hold. If Should you wish to pay directly you can spread the payment over a 12 month period we can arrange for a by standing order to be set up on a monthly basis at 1/12 order. When the level of the fee agreed. Should you decide to cancel our agreement to provide on-going services you must provide has been agreed these are deemed to commence immediately and are payable monthly in arrears. You can choose to cancel this at any time by providing us with written confirmation of your decision and we will decision. Payments would then cease payments for these services within 7 business days and or after collection of any due proportion of any period chargescharges if later. Depending on the services we provide, there may be costs and charges (including taxes), not charged by us, but related to the financial products we arrange for you. These charges may be one-off charges (payable up front) or charges payable on an ongoing basis. For example: • Service costs: If your investments are held on a platform (an online investment administration service) or managed by a DFM, the platform provider / DFM will make a charge for administering / managing your investments. • Investment costs: These are the costs relating to the manufacturing and managing of your investments – for example, fees charged by the investment fund manager, costs relating to investment transactions. • We’ll always disclose any third party costs as part of making our recommendations. Before we provide you with our advice we will add together all the costs and charges payable so that you are able to understand the overall costs of our services and recommendations. This is referred to as aggregated costs and charges information.
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Samples: Client Agreement, Client Agreement
Ongoing Reviews and Changes to Existing Investments. We will discuss the full range of our on-going services during our initial consultation. These services include, but are not limited to, providing you with: • structured reviews to give you peace of mind; • an assessment of your circumstances and any changes to your plans that are needed; • regular updates and information regarding your holdings; • a choice of differing levels of support depending on your needs; • ongoing Ongoing support with correspondence and administration issues. Details of these different levels of services are contained in our Service Proposition and Engagement document. We will agree separately the level of on-going services at the time of, or prior to, making our recommendation(s) to you. Typically our costs range from 0.5% to 1% per annum and are based on the value of your investment(s) at each 12 month anniversary, and are paid pro-rata monthly/annually in arrears. Therefore, if the value of your investment(s) totalled £50,000 our yearly fees would range from £250 to £500. The amount you pay will fluctuate with the value of your investment; if your investment increases in value the amount you pay us will also increase and if your investment falls in value the amount you pay us will reduce. Any change to the level of services throughout this agreement will result in pro-rata charge being applied. The charges listed above can be deducted from your investments or paid directly by you. You should note that when paid though the investments it may reduce your personal tax thresholds and/or exemption levels. Where this happens we will discuss it with you and confirm it in your personal recommendation report. It should be noted that if you choose any of our ongoing management services they are subject to a minimum fee per annum. Bronze Transactional only £ by agreement Silver - £Nil Level 3 750.00 Gold – £150 Level 2 1,000.00 Platinum - £750 Level 1 £1000 Example 1; if your investments are valued at £50,000 and you have selected Xxxxx 0 (0.5%) the 2,000.00 Where we agree to provide ongoing management fee we would receive is £250. Example 2; if your investments are valued at £120,000 and you have selected Xxxxx 0 (0.75%) the ongoing management fee we would receive is £900. As this is equal to the minimum ongoing service fee no other charges would be applied. If you wish to pay directly services you can spread the payment over a 12 month period we can arrange for a standing order to be set up on a monthly basis at 1/12 of the fee agreed. Should you decide choose to cancel our agreement to provide on-going services you must provide this at any time by providing us with written confirmation of your decision and we will decision. Payments would then cease payments for these services within 7 business days and or after collection of any due proportion of any period charges.charges if later. *The charges listed above can be deducted from your investments or paid directly by you* In most cases you can exercise a right to cancel by withdrawing from the contract. In general terms you will normally have a 30 day cancellation period for a life, pure protection, payment protection or pension policy and a 14 day cancellation period for all other policies. For pure protection policies the start of the cancellation period will normally begin when you are informed that the contract has been concluded or, if later, when you have received the contractual terms and conditions. In other cases, the cancellation period will begin on the day the contract is concluded or, if later, the day on which you receive the contractual terms and conditions. Instructions for exercising the right to cancel, if applicable, will be contained in the relevant product disclosure information which will be issued to you. If you cancel a single Contribution contract, you may be required to pay for any loss you might reasonably incur in cancelling it which is caused by market movements. This means that, in certain circumstances, you might not get back the full amount you invested if you cancel the policy. Under current legislation our services are not subject to VAT but should this change in future, and where VAT becomes due, we will notify you before conducting any further work. (Advice only firms should clarify their position accordingly)
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Ongoing Reviews and Changes to Existing Investments. We will discuss the full range of our on-going services during our initial consultation. These services include, but are not limited to, providing you with: • structured Structured reviews to give you peace of mind; . • an assessment Assessment of your circumstances and any changes to your plans that are needed; . • regular Regular updates and information regarding your holdings; . • a A choice of differing levels of support depending on your needs; . • ongoing Ongoing support with correspondence and administration issues. Details of these different levels of services are contained in our Service Proposition and Engagement document. We will agree separately the level of on-going services at the time of, or prior to, making our recommendation(s) to you. Typically Typically, our costs range from 0.5% to 1% per annum and are based on the value of your investment(s) at each 12 12-month anniversary, and are paid pro-rata monthly/annually in arrears. Therefore, if the value of your investment(s) totalled £50,000 our yearly fees would range from £250 to £500. The amount you pay will fluctuate with the value of your investment; if your investment increases in value the amount you pay us will also increase and if your investment falls in value the amount you pay us will reduce. Any change to the level of services throughout this agreement will result in pro-rata charge being applied. The charges listed above can be deducted from your investments or paid directly by you. You should note that when paid though the investments it may reduce your personal tax thresholds and/or exemption levels. Where this happens we will discuss it with you and confirm it in your personal recommendation report. It should be noted that if you choose any of our ongoing management services they are subject to a minimum fee per annum. Transactional only £Nil Level 3 £150 Level 2 £750 Level 1 £1000 Example 1; if your investments are valued at £50,000 and you have selected Xxxxx 0 (0.5%) the Where we agree to provide ongoing management fee we would receive is £250. Example 2; if your investments are valued at £120,000 and you have selected Xxxxx 0 (0.75%) the ongoing management fee we would receive is £900. As this is equal to the minimum ongoing service fee no other charges would be applied. If you wish to pay directly services you can spread the payment over a 12 month period we can arrange for a standing order to be set up on a monthly basis at 1/12 of the fee agreed. Should you decide choose to cancel our agreement to provide on-going services you must provide this at any time by providing us with written confirmation of your decision and we will decision. Payments would then cease payments for these services within 7 business days and or after collection of any due proportion of any period chargescharges if later. *The charges listed above can be deducted from your investments or paid directly by you* Please be aware the amount of the annual on-going charge will increase as the value of the funds grow. We will issue an invoice within 7 days of your policy anniversary, which can either be paid directly by you or deducted from your investment. We must receive full payment of the invoice amount within 30 days unless you have elected to have it deducted directly from your plan. This payment can be deducted from your investment or if you wish to pay us directly you can spread this over 4 payments or a standing order can be set up on a quarterly basis for the fee agreed. Similar to our investment services above, we will provide you with a personal and financial review prior to making our recommendation(s) to you. Should you accept our recommendation(s) we will arrange the implementation of this/these for you. The reasons for our recommendations will also be provided to you in a written report. We do not charge a fee for our insurance and protection services as we will normally receive commission from the policy provider. You will not be subject to VAT for this service.
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Ongoing Reviews and Changes to Existing Investments. We will discuss the full range of our on-going services during our initial consultation. These services include, but are not limited to, providing you with: • structured Structured reviews to give you peace of mind; • an assessment . Assessment of your circumstances and any changes to your plans that are needed; • regular . Regular updates and information regarding your holdings; • a . A choice of differing levels of support depending on your needs; • ongoing . Ongoing support with correspondence and administration issues. Details of these different levels of services are contained in our Service Proposition and Engagement document. We will agree separately the level of on-going services at the time of, or prior to, making our recommendation(s) to you. Typically Typically, our costs range from 0.5% to 1% per annum and are based on the value of your investment(s) at each 12 12-month anniversary, and are paid pro-rata monthly/annually in arrears. Therefore, if the value of your investment(s) totalled £50,000 our yearly fees would range from £250 to £500. The amount you pay will fluctuate with the value of your investment; if your investment increases in value the amount you pay us will also increase and if your investment falls in value the amount you pay us will reduce. Any change to the level of services throughout this agreement will result in pro-rata charge being applied. The charges listed above can be deducted from your investments or paid directly by you. You should note that when paid though the investments it may reduce your personal tax thresholds and/or exemption levels. Where this happens we will discuss it with you and confirm it in your personal recommendation report. It should be noted that if you choose any of our ongoing management services they are subject to a minimum fee per annum. Transactional only £Nil Level 3 £150 Level 2 £750 Level 1 £1000 Example 1; if your investments are valued at £50,000 and you have selected Xxxxx 0 (0.5%) the Where we agree to provide ongoing management fee we would receive is £250. Example 2; if your investments are valued at £120,000 and you have selected Xxxxx 0 (0.75%) the ongoing management fee we would receive is £900. As this is equal to the minimum ongoing service fee no other charges would be applied. If you wish to pay directly services you can spread the payment over a 12 month period we can arrange for a standing order to be set up on a monthly basis at 1/12 of the fee agreed. Should you decide choose to cancel our agreement to provide on-going services you must provide this at any time by providing us with written confirmation of your decision and we will decision. Payments would then cease payments for these services within 7 business days and or after collection of any due proportion of any period chargescharges if later. *The charges listed above can be deducted from your investments or paid directly by you* Please be aware the amount of the annual on-going charge will increase as the value of the funds grow. We will issue an invoice within 7 days of your policy anniversary, which can either be paid directly by you or deducted from your investment. We must receive full payment of the invoice amount within 30 days unless you have elected to have it deducted directly from your plan. This payment can be deducted from your investment or if you wish to pay us directly you can spread this over 4 payments or a standing order can be set up on a quarterly basis for the fee agreed. Similar to our investment services above, we will provide you with a personal and financial review prior to making our recommendation(s) to you. Should you accept our recommendation(s) we will arrange the implementation of this/these for you. The reasons for our recommendations will also be provided to you in a written report. We do not charge a fee for our insurance and protection services as we will normally receive commission from the policy provider. You will not be subject to VAT for this service.
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