Our Remuneration
Not all firms charge for advice in the same way. We will discuss your payment options with you and answer any questions you have. We will not charge you anything until you have agreed how we are to be paid. We try to be as flexible as possible when it comes to our remuneration.
Paying by fees.
Whether you buy a product or not, you will pay us a fee for our advice and services. If we also receive commission from the product provider when you buy a product, we will pass on the full value of that commission to you in one or more ways. For example, we could reduce our fees; or reduce your product charges; or increase your investment amount; or refund the commission to you.
Paying by commission (or product charges).
If you buy a product, in many instances we will receive commission from the product provider. Although you may pay nothing up front, that does not mean our service is free. You still pay us indirectly through product charges. Product charges pay for the product provider's own costs and any commission. These charges reduce the amount left for investment. If you buy direct, the product charges could be the same as when buying through an adviser, or they could be higher or lower. We will tell you how much the commission will be before you buy a product.
Paying by a combination of commission and fees.
We will charge you a combination of fees and commission, and the amounts will depend on the service provided to you. This route may save you VAT when compared to paying by fees alone.