Skip to main content

You are here: Home / Working With Us / Benefits for Financial Advisers / Adviser Charging

 

Adviser Charging

We do not pay commission from our products but we do allow for adviser charging to be taken from all of our products at the level agreed between you and your client.

This is can be a flexible arrangement and can cover your initial and/or ongoing remuneration and be either a fixed amount or fund related. We can pay regular remuneration:

  • Monthly
  • Yearly

When you open an Account online, you will be asked to state the basis of any agreed adviser charging. We will confirm these charges to your client as part of our client declarations.

If you submit an application to us, please ensure that you complete the relevant Adviser Charging Agreement form. This will detail the amount you wish to receive and the frequency of the payments.

Please ensure this form is signed by your client.

We make our payments once a month, directly into your firm’s bank account on or around 10th of each month where there is a payment due.

All Adviser Charging statements will be available online only, as a PDF, and will show:

  • Charging period
  • Total paid into bank account
  • Split per RI
  • Clients name and account number
  • Split by client and client account
  • Amount paid per client account
  • Valuation of clients account (at the 5th of the month)
  • Amount due to be paid and the amount paid

Please note that all adviser charges are taken from the clients Deposit Account. If there is insufficient cash within the Deposit Account to pay the adviser charge, no payment will be made.

You can also submit invoices for your services, which have been agreed and sent to your client for approval.

Once an account has been set-up paying regular remuneration the amount paid can be changed with the clients consent as can the frequency of the payment.

For more information about our adviser charging arrangements, please read our Guide to Adviser Charging.