Protection business. Where you have paid our fee by commission from the product provider or have received a commission rebate on a product and you cease to pay the premiums due on this product, it is our policy to claim a refund from you. You understand the maximum amount of this refund will be the amount of commission reclaimed by the Provider which shall never exceed the amount of commission which will have previously been disclosed to you in writing. The maximum time under which we may enforce this paragraph is 4 years from the commencement of the product.
Protection business. You can pay for our advised protection services by fee, commission or a combination of these. In relation to non-investment protection contracts, if you wish us to work on a fee basis the fee will be based on the hourly rate basis detailed above. Any commission can be used to offset this fee. Any surplus will be refunded to you. Where we are paid by commission, we will tell you the amount before we carry out any business for you.
Protection business. You can pay for our advised protection services by fee, commission or a combination of these. In relation to non- investment protection contracts, if you wish us to work on a fee basis, the fee will be charged at an hourly rate subject to a minimum fee of £500 in total. Any commission can be used to offset this fee. Any surplus will be refunded to you. Where we are paid by commission we will tell you the amount before we carry out any business for you. You can pay for our non-advised services on the basis of commission or fee. We will tell you how we get paid and the amount before we carry out any business for you. We can offer you three levels of service: Wealth Management, Financial Planning or Occasional Help, as detailed in our attached Fee menu and in our document entitled ‘Service Levels’. Subject to the services you require form us, we can continue to act on your behalf through either our Wealth Management or Financial Planning service package. You can cancel our ongoing services at any time. Our ongoing fee will fluctuate in line with the value of your investment which means the amount you pay us as an ongoing fee will increase as the fund value of your investments grow.
Protection business. Where you have paid our fee by commission from the product provider and you cease to pay the premiums due on this product, it is our policy to claim a refund from you. You understand the maximum amount of this refund will be the amount of commission reclaimed by the Provider which shall never exceed the amount of commission which will have previously been disclosed to you in writing. The maximum time under which we may enforce this paragraph is 4 years from the commencement of the product. You or we may terminate this agreement and our authority to act on your behalf at any time, without penalty. Notice of this termination must be given in writing and will take effect from the date of receipt. Termination is without prejudice to any transactions already initiated which will be completed according to this agreement unless otherwise agreed in writing. You will be liable to pay for any transactions made prior to termination and any fees outstanding, if applicable. These terms of business exclude any rights which may be conferred upon third parties by the Contracts (Third Party Rights) Xxx 0000. These Terms of Business are governed by and shall be construed in accordance with English Law and the parties shall submit to the exclusive jurisdiction of the English Courts.
Protection business. In relation to non-investment pure protection contracts, we will normally be remunerated on a commission basis from the product provider. However, if you wish us to work on a fee basis the fee will be based on an hourly rate basis subject to a minimum fee of £500. Any commission can be used to offset this fee. Where we use or refer to hourly rate fees the current rates used are as follows: Director - £215 per hour, Financial Adviser - £190 per hour, Administrator - £50 per hour, Para Planner - £95 per hour.
Protection business. For non-investment pure protection contracts, we may be paid a commission by the product provider, which will be disclosed, to you. We may also charge a fee depending on the amount of work involved and thecommission payable. We do not expect this fee to exceed £1250. You will only be charged once we have agreed how you will pay us. We will tell you if you have to pay VAT. CANCELLING THIS AGREEMENT You or we may terminate this agreement at any time, without penalty. Noticeofthistermination mustbegiveninwriting andwilltakeeffectfrom the date ofreceipt. Termination is without prejudice to any transactions already initiated which will be completed according to these terms of business unless otherwise agreed in writing. Any ongoing service we provide is optional. You can stop our Management Fees and cancel this agreement at any time. Please refer to the appropriate agreement for full details of the service providedundereacharrangement. CLIENT MONEY
Protection business. You can pay for our advised protection services by fee, commission or a combination of these. In relation to non-investment protection contracts, if you wish us to work on a fee basis the fee will be based on an hourly rate basis as per the above rates. This will be subject to a minimum fee of £1,000 in addition to which a further £500 applies where we arrange appropriate trust documentation for you. Any commission can be used to offset this fee. Any surplus will be refunded to you. Should you application be amended or declined and you have opted to pay by fee you will be liable for this charge. Where we are paid by commission we will tell you the amount before we carry out any business for you. In respect of any regular premium policy which we have arranged for you, should you subsequently cease to pay premiums on the policy and in consequence we are obliged to refund the commission that has been paid to us, we reserve the right to charge you a fee representing the amount we have to repay, for a period of up to four years after commencement of the policy. We will confirm the exact amount that will need to be repaid by you and the timescale over which it will need to be repaid in the suitability report we will send you when a recommendation is made. This is our standard terms of business upon which we intend to rely. For your own benefit and protection you should read these terms carefully before signing them. Please sign both copies of this agreement, and return one copy to us. If you do not understand any point please ask for further information. I authorise the transfer of information, on a confidential basis when warranted between any such third parties. I acknowledge that this agreement will come into effect from the date of issue. Specify details of work Advice relating to non-investment protection contracts Pay by commission Y / N Agreed fee (if applicable) £ Service to be provided Tick Wealth Management Service Annual Review Service Client signature(s) Date of issue Date signed CBW Financial Planning Appendix One As your partner in building wealth and security, we focus on ways that we can help you to live the life that you want to live. By engaging CBW you assure yourself of regular financial checkups and access to new ideas brought to you by the CBW team. Choosing a financial partner is one of the most important decisions you will ever make. Take your time, choose wisely, and we hope that we can earn the right to work with you into the future.
Protection business. You pay for our advised protection services by commission. Where we are paid by commission we will tell you the amount before we carry out any business for you. Ongoing charges Our ongoing services are optional. If you agree to purchase an ongoing service, unless otherwise agreed, the service will be provided as a follow up to the initial service. Our ongoing annual review service is designed to make sure that your Pension/Investment Plans/Portfolio stays on track to meet your financial goals. This service includes:
Protection business. You can pay for our advised protection services by fee, commission or a combination of these. In relation to non- investment protection contracts, if you wish us to work on a fee basis, the fee will be charged at an hourly rate subject to a minimum fee of £500 in total. Any commission can be used to offset this fee. Any surplus will be refunded to you. Where we are paid by commission we will tell you the amount before we carry out any business for you. You can pay for our non-advised services on the basis of commission or fee. We will tell you how we get paid and the amount before we carry out any business for you. We can offer you three levels of service: Wealth Management, Financial Planning or Occasional Help, as detailed in our attached Fee menu and in our document entitled ‘Service Levels’. Subject to the services you require form us, we can continue to act on your behalf through either our Wealth Management or Financial Planning service package. You can cancel our ongoing services at any time. Our ongoing fee will fluctuate in line with the value of your investment which means the amount you pay us as an ongoing fee will increase as the fund value of your investments grow. For those who prefer a more transactional or ad-hoc service we are also happy to provide our services as and when you need them. Our typical costs are: Wealth Management 0.5% per annum of monies invested, typically suitable for individuals with portfolios in excess of £1,000,000 Financial Planning 0.5% per annum of monies invested, typically suitable for individuals with portfolios in excess of £100,000 Occasional Help No ongoing charge. Advice/reviews are paid for as and when required And Rosan Helmsley Limited of 1000 Xxxxxxxxx Xxxxxx, Xxxxxxxxx Xxxx, Xxxxxxxxx, Xxxxxx, XX0 0XX. Registered in England & Wales under Company Registration Number 4170825 (“RH, we, us, our, firm”) Address: email address: telephone number: And Acting under power of attorney on behalf of: This document is our standard terms of business upon which we intend to rely. If you do not understand any point please ask for further information. Please sign two copies of this declaration and return one copy to us. I give you authorisation to correspond with the following third party (eg spouse, parent): □ I am happy for RH to discuss my financial arrangements with the above named third party. □ I am happy for RH to take instructions from the above named third party in respect of my financial arrangements. □ I would...
Protection business. Please note that if we arrange for you to effect a protection policy from which we receive commission from the provider firm and SUBSEQUENTLY YOU CEASE TO PAY PREMIUMS OR CANCEL WITHIN THE NORMAL CANCELLATION PERIOD which results in us either refunding the commission paid to us on a pro-rata basis or receiving no commission, WE RESERVE THE RIGHT TO CHARGE YOU A FEE to recompense us for the time spent in advising you and arranging the policy (the amount and timeframe of the commission which could be clawed back is dependent on the product chosen and will be detailed in your suitability letter). Full details of the relevant remuneration are given in our IDD, which will be provided to you as a separate document.
