Paying for Our Financial Planning Service

We offer a free initial consultation without any obligation.

There are then two ways of paying for the financial planning service you receive from our Associate, either by commission or by fees

Commission is the most common and popular way to pay for financial planning. When a policy is sold the Company will receive commission paid by the product provider.
For policies into which you are paying regular premiums, the commission will normally be a percentage of the first year’s premiums plus a small service charge each year. For lump sum investments, the commission will be a percentage of the investment and there is sometimes a yearly charge based on the fund value.
However, it is important to realise that this commission is included in the total charges of the policy as outlined in the illustration. It is paid to us by the provider out of their charges. It is not an extra cost to you.

Some people prefer to pay a fee for our financial planning service and have the commission element reinvested into their policy. In these circumstances, a fee paying arrangement will be agreed with you and our service will normally be provided on the basis of an hourly rate for all work undertaken, in the same way as your accountant or solicitor charges you.

This fee will be in addition to your premiums or investment.

Our Procedures

Before making a recommendation, your Associate will ask you to complete a Client Financial Information Form. This will help to establish and record your circumstances and needs at that point in time. It will help your Associate understand your long term aims and your attitude towards risk.

Your Associate will then research companies whose products could meet your needs.

They will then advise on the most suitable course of action with the relevant product/s and make their recommendations.

You will receive an illustration from your Associate following their recommendation before you make a final decision. This illustration will include the overall charges of the plan, all relevant terms and conditions of the plan and the commission to be paid to our Company (if applicable).

Specialist advice

In a similar way as the medical profession, there are differences between the manner in which our Associates operate. Most can be viewed as general practitioners, whilst some choose to specialise on certain areas of advice.

Listed below are the areas of specialist advice that each Associate provides and details of how to contact them.