Policy Arrangement & Implementation Sample Clauses

Policy Arrangement & Implementation. Should you instruct us to proceed with any of our recommendations we will act for you in the following ways: • handle all fund and policy administration on your behalf; • provide regular updates to keep you informed of progress; • ensure all your documents are issued in line with your expectations; • provide confirmation of all actions taken on your behalf in writing.

Policy Arrangement & Implementation. Lump Sum Investments & Pension Transfers Should you instruct us to proceed with any of our recommendations we will act for you in the following ways:  Handle all fund and policy administration on your behalf;  Provide regular updates to keep you informed of progress;  Ensure all your documents are issued in line with your expectations;  Provide confirmation of all actions taken on your behalf in writing. Our charge for this service is one percent of the amount you invest and/or transfer. This payment can either be taken from your investment upon receipt by the policy provider or paid directly by you, or a combination of the two. Example 1; if we arrange an investment on your behalf for £50,000 our Policy Arrangement & Implementation fee would be £500. The Financial Review & Recommendation fee will be £1,500. The total fee payable would be £2,000. Example 2; if we arrange and implement investments on your behalf for £200,000 our Policy Arrangement & Implementation fee would be £2,000. The Financial Review & Recommendation fee will be £1,500. The total fee payable would be £3,500. Example 3; if we arrange and implement investments on your behalf totalling £400,000, our Policy Arrangement & Implementation fee would be £4,000. The Financial Review & Recommendation fee will be £1,500. The total fee payable would be £5,500.

Policy Arrangement & Implementation. Lump Sum Investments or Transfers Should you instruct us to proceed with (any of) our recommendation(s) we will act for you in the following ways: • Handle all fund and policy administration on your behalf • Provide regular updates to keep you informed of the progress • Ensure all your documents are issued in line with your expectations • Provide confirmation of all actions taken on your behalf in writing • Cashflow Modelling session where applicable, to build powerful lifetime cashflow plans. This can be included in the second appointment. There may be situations where we agree a different fee structure. This will be at the discretion of the directors of Engage Wealth Management and confirmed to you before proceeding. Our charge for this service is dependent on the complexity of the advice you require and the amount invested. These charges are applied as follows: • 4% on the funds up to £50,000 • 3% between £50,001 to £500,000 • 2% on £500,001 and above This payment can either be facilitated by the product provider when they receive your funds or be paid directly by you. 01273 076587 4 xxxxx@xxxxxxxx.xx.xx Step 3 - Ongoing Services It is important to review every investment you hold and at regular intervals. At the time of, or prior to, our recommendation to you we will discuss our ongoing service proposition. Below we set out the ongoing services we provide and the associated cost to you. An annual financial review will give you access to a qualified financial adviser to assist you with any queries or advice at your request and includes: • Your needs and objectives • Changes in your personal circumstances • Your attitude to risk and capacity for loss • Update any cashflow modelling forecasts • Impact of tax and legislative changes • Your will and personal estate • Review of the suitability of your investments • Provision of a personal recommendation • Ongoing administration support • Client newsletters, investment market updates and budget updates, top-up existing products. The cost of this service is based on the value of your investment(s) held with us and is charged at a rate of 0.75% of their value per annum. Our ongoing service charge is reduced for funds over £5,000,000 held with us. The minimum fund value for our ongoing service is £200,000 or a minimum fee of £1,500pa. 01273 076587 5 xxxxx@xxxxxxxx.xx.xx Policy Arrangement & Implementation – Regular Savings / Investment Our charge for implementing a regular contribution savings or investment plan...

Policy Arrangement & Implementation. Lump Sum Investments & Pension Transfers Should you instruct us to proceed with any of our recommendations we will act for you in the following ways:  Handle all fund and policy administration on your behalf;  Provide regular updates to keep you informed of progress;  Ensure all your documents are issued in line with your expectations;  Provide confirmation of all actions taken on your behalf in writing. Our charge for this service is based on a percentage of the amount you invest and/or transfer. These charges are applied as follows and are subject to a minimum of £1,500. The £1,500 minimum fee will be waived if the investment is a top up to an existing plan where we have charged a Policy Arrangement & Implementation fee of £1,500 or more for our services in the past;  For the first £100,000 – 3%  Any excess over £100,000 – 1% The above adviser charges are capped at £10,000. This payment can either be taken from your investment upon receipt by the policy provider or paid directly by you, or a combination of the two. Where we receive such a payment we will waive our ‘financial review and recommendation’ fee. Example 1; if we arrange an investment on your behalf for £10,000 our Policy Arrangement & Implementation fee would be £300. As this is less than the minimum Policy Arrangement & Implementation fee of £1,500 we would charge you an additional £1,200 as the balance. The Financial Review & Recommendation fee will be waived in full. The total fee payable would be £1,500. Example 2; if we arrange and implement investments on your behalf for £100,000, our Policy Arrangement & Implementation fee would be £3,000. As this exceeds the ‘financial review and recommendation’ fee, no other charges would be applied. The total fee payable would be £3,000. Example 3; if we arrange and implement investments on your behalf totalling £250,000, our Policy Arrangement & Implementation fee would be £4,500. As this exceeds the ‘financial review and recommendation’ fee, no other charges would be applied. The total fee payable would be £4,500.

Policy Arrangement & Implementation. Lump Sum Investments or Transfers (Bespoke Service Clients) Should you instruct us to proceed with any of our recommendations we will act for you in the following ways:  Handle all fund and policy administration on your behalf;  Provide regular updates to keep you informed of progress;  Ensure all your documents are issued in line with your expectations;  Provide confirmation all actions taken on your behalf in writing. Our fees for this are calculated using the following tables: Amount Fee Payable within band For sums up to £100,000 3.0% For sums above £100,001 up to £500,000 1.5% For sums above £500,001 up to £1 million 1.0% £1 million + 0.5% Fees are also payable on additional investments or when you add to your existing portfolio The minimum fee payable is £500 This payment can either be deducted from your investment upon receipt by the policy provider or paid directly by you. Where we receive such a payment we will waive our ‘financial review and recommendation’ fee by the same amount. Example 1; if we arrange an investment on your behalf for £10,000, our standard fee would be £300. However, as this is less than our minimum fee of £500, you would be charged a balance of £200 Example 2; if we arrange investments on your behalf totalling £200,000, our fee would be £4,500, calculated as follows: £100,000 at 3.0% = £3,000 and £100,000 at 1.5% = £1,500 = Total of £4,500. Where you have existing investments through Anders Xxxxxx Xxxxx Limited, these investments will be taken into account when assessing the level of fees charged. For example, where £200,000 has already been invested, a further investment of £50,000 would be charged at the rate of 1.5%

Policy Arrangement & Implementation. Lump Sum Investments or Transfers Should you instruct us to proceed with any of our recommendations we will act for you in the following ways:  Handle all fund and policy administration on your behalf.  Provide regular updates to keep you informed of progress.  Ensure all your documents are issued in line with your expectations.  Provide confirmation of all actions taken on your behalf in writing. Our charge for this service is based on a percentage of the amount you invest and/or transfer. These charges are applied as follows but are subject to a minimum of £300. For all Defined Benefit Pension Transfers (Final Salary), a minimum charge for this advice would be £1,500. Example percentage of the amount you invest. Investment amount Fee Investments under £100,000 3% Investments between £100,001 - £200,000 1.5% Investments more than £200,001 0.5% Example 1: if we arrange an investment on your behalf for £8,000 our implementation fee would be £240. As this less than the ‘financial review and recommendation’ fee of £300 we would charge you an additional £60 as the balance. The total fee payable would be £300 Example 2: if we arrange investments on your behalf totalling £150,000 our implementation fee would be 3% of the first £100,000 which will be £3,000 and 1.5% on the remaining £50,000 which is £750 so in total our fee would be £3,750. As this exceeds the ‘financial review and recommendation’ fee no other charges would be applied.

Policy Arrangement & Implementation. Should you instruct us to proceed with any of our recommendations we will act for you in the following ways: • Handle all fund and policy administration on your behalf; • Provide regular updates to keep you informed of progress; • Ensure all your documents are issued in line with your expectations; • Provide confirmation of all actions taken on your behalf in writing. Our charges for implementation is £120 per hour based on the amount of time it takes. We will provide you with an estimate of how many hours we expect this to take and we will not exceed this without checking with you first. There is however a minimum timescale of 1 hour for this service, which equals a minimum fee of £120. Using typical examples in the same way as above: • A pension switch could take 3 hours, totalling a fee of £360 • An ISA investment could take 1 hours, totalling a fee of £120 • A pension transfer could take 5 hours, totalling a fee of £600 • An ISA and a separate investment could take 2 hours, totalling a fee of £240 **Where we recommend and implement a product the total charge will be both the above fees added together** We will issue an invoice within 7 days of your investment plan going live, 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 of issue unless you have elected for our fee to be deducted from your investment.

Policy Arrangement & Implementation. Transfers Should you instruct us to proceed with any of our recommendations we will act for you in the following ways:  Provide regular updates to keep you informed of progress;  Ensure all your documents are issued in line with your expectations;  Provide confirmation of all actions taken on your behalf in writing. Our charge for this service is a fixed fee 3% of the fund value subject to a minimum charge of £995.00. We will issue an Invoice within 7 days of your investment plan going live, 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 of issue unless you have elected for our fee to be deducted from your investment.