Common use of Aggregated Costs and Charges Clause in Contracts

Aggregated Costs and Charges. If you enter into a transaction where third parties are involved, they will charge for their services. Typically, there will be 3 or 4 parties involved. By way of example, if we placed a £250,000 investment for you the annual charges might look like this: Third Party Percentage Value Platform 0.3% £750.00 Product May vary Fund 0.75% £1,875.00 TOTAL 1.05% £2,625.00 To this you will need to add our ongoing charges, which are set out earlier. We haven’t added them here, because of the flexibility you have in how you pay us. At this point, this is just an example. We have no idea of the actual costs. We will confirm the actual aggregated costs and charges based on our recommendations in our Engagement Letter or Suitability Report, just as soon as we know the figures, but before you sign any commitment documents. We will act honestly, fairly and professionally known as conducting business in accordance with ‘Clients best interest’ regulations. Occasionally situations may arise where we or one of our other clients have some form of interest in business transacted for you. If this happens or we become aware that our interests or those of one of our other clients conflict with your interest, we will write to you and obtain your consent before we carry out your instructions, and detail the steps we will take to ensure fair treatment. In accordance with the rules of our regulator, The Financial Conduct Authority, we are prohibited from accepting any payment (commission or other non-monetary benefits) which is likely to conflict with the duty of the firm to its clients. We will inform you of your statutory right to cancel. The Distance Marketing Directive normally grants you 30 days in which you may cancel a life or pension contract. However, there will be occasions where no statutory rights are granted, however this will be explained before any contract is concluded. Additionally,