How we are paid

We make no charge for our initial meeting and there is no obligation on either side. The purpose of this meeting is to evaluate the clients current financial position and to establish their needs and objectives and to agree the next course of action.

After this initial free consultation, we will agree with you whether you pay us a fee, or we are paid by commission or by a combination of fees and commission.

Commission can be paid to an IFA firm by a life company or an investment house for the introduction of business to them. The commission is included within the provider’s normal product charges, so there is nothing you need to pay in addition.

Fees are calculated based on time spent and evaluated at a rate per hour calculated to recover our costs. Fees can attract an additional VAT charge. This is not the case with commission under current legislation. Any commission we earn will be disclosed, and it will be taken into account when calculating our fee.

However we are remunerated will be a matter of discussion and agreement, and no charges for fees will be made without prior notification in writing.