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Address: 16 Silver Street, Barnstaple, EX32 8HR
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Telephone: 01271 327500
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Fax: 01271 327655
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Charging Structure: Paying for services
Not all firms charge for advice the same way. We will discuss your payment options with you and answer any questions you may have. We will not charge you anything until you have agreed how we are paid.
We are paid by a fee
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 fee; or reduce your product charges; or increase your investment amount; or refund the commission to you.
The fee can be paid for by commission (or product charges).
If you buy a financial product, we will normally receive commission on the purchase from the product provider. Although you 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 complete an investment, but you may ask for this information earlier.
We can be paid by a combination of commission and fee
In some circumstances, we also charge a fee on top of any commission we might receive.
Our fee options
We will explain to you our fee options so that you may choose the level of service you require. We will agree the rate we will charge before beginning work. We will tell you if you have to pay VAT. Our typical charges are:
Financial adviser £85-£150 per hour (Dependant upon complexity)
Administration and Misc. £25 per hour
You may ask us for an estimate of how much in total we might charge. You may also ask us not to exceed a given amount without checking with you first. For the full breakdown of our fees please refer to our fee menu and agreement.
Our commission offset option
Amounts vary according to: the type of product, the amount you invest, and (sometimes) how long you invest for, or your age when you start the product. We will confirm the actual amount to you before you buy a product. The table following demonstrates the normal rates of commission received, however if it is proposed that the amount to be charged is greater than this amount written confirmation will be provided.
Regular Contributions Based on payment by you of £100 per month
Collective Investment £3 p.m.
Whole of Life £1,500
Personal and Stakeholder Pension
£400
Lump Sums Based on payment by you of £1000
Collective Investment £30
Investment Bonds £70
Personal and Stakeholder Pension
£45
Annuities £20
Income Drawdown £20
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Business Areas: Commercial Mortgages, Direct Investments, Equity release, Ethical investments, Group Pensions, Group Protection, ISAs, Investment Bonds, Investment Trusts, Life Assurance, Offshore investments, Personal Lines, Personal Pensions, Personal Protection, Residential Mortgages, Retirement Planning, SIPP, Tax Efficient Investments, Unit Trusts
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Financial Qualifications: No records held.
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Address: Fishleigh Court, Fishleigh Road, Roundswell Business Park, Barnstaple, EX31 3UD
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Telephone: 01271 321444
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Fax: 01271 372555
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Charging Structure: Fee or commission
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Business Areas: Commercial Lines, Commercial Mortgages, Equity release, Group Pensions, Group Protection, ISAs, Investment Bonds, Investment Trusts, Life Assurance, Longterm care, Offshore investments, Personal Lines, Personal Pensions, Personal Protection, Residential Mortgages, Retirement Planning, SIPP, Unit Trusts
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Financial Qualifications: No records held.
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