You can choose to retain us on a basis encompassing either commission, fees or a combination of both. We will discuss all options with you.

On a commission basis (the structure choosen by the majority of our clients) we will receive payments from product providers which we recommend to you and we will declare such payments to you.

On a fee basis we will declare our fee scale to you before we commence any work. Any renumeration we normally receive from product providers will be reinvested back into your arrangements to enhance the contract terms.  Her Majesty's Revenue & Customs (HMRC) has stated that these investments will not be subject to additional taxation.

Furthermore, on a fee basis future advice would be charged on either a hourly or project rate applicable in the year advice is provided.  Meetings at a location other than our offices will incur travelling costs and a charge at the mileage rate in line with that recommended by the Automobile Association.  At present our charge rate is 50p per mile.

Whatever basis you choose, either commission, fee or a combination of both, all income we receive is used to recoup costs.  These include advice and guidance, research into product providers and products best suited to your requirements, reports, assistance in completing the appropriate application forms, the subsequent processing of these forms with the product providers and administration.

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