Lump Sum Investments or Transfers Sample Clauses

Lump Sum Investments or Transfers. Should you instruct us to proceed with any of our recommendations we will act for you in the following ways: • Handle all fund and policy administration on your behalf; • Provide regular updates to keep you informed of progress; • Ensure all your documents are issued in line with your expectations; • Provide confirmation of all actions taken on your behalf in writing. Our charge for this service is based on a percentage of the amount you invest and/or transfer. These charges are applied as follows • Up to £50,000 – 3% • £50,001 to £100,000 – 2% • £100,001 and above – 1.5% Minimum Advice charge £500. Maximum Advice Charge £15,000. This payment can either be taken from your investment upon receipt by the policy provider or paid directly by you. Example 1; if we arrange an investment on your behalf for £10,000 our Policy Arrangement & Implementation fee would be £300. As this is less than the minimum fee of £500 we would charge you an additional £200 as the balance. The total fee payable would be £500. Example 2; if we arrange investments on your behalf totalling £100,000 our Policy Arrangement & Implementation fee would be £2,000. As this exceeds the minimum fee no other charges would be applied. The total fee payable would be £2,000 Example 3; if we arrange investments on your behalf totalling £300,000 our Policy Arrangement & Implementation fee would be £4,500 Defined Benefit/Final Salary Pension Transfers. Due to the additional level of analysis required to ensure a transfer is in your best interests, there is an additional charge of 0.45% on these type of schemes. Final salary/Defined Benefit pension transfers require additional regulatory procedures and Insurance, which is also factored into this additional cost. The minimum fee required to carry out this type of advice is £1,500. Policy Arrangement & Implementation – Regular Savings or Investments Our charge for implementing a regular contribution savings or investment plan is 50% of the first year’s contributions. You can pay this under either of the two options listed below: You can pay this directly on commencement of the policy. Example 1; if your monthly contribution is £20 our Policy Arrangement & Implementation fee would be £120. As this less than the minimum fee of £500 we would charge you an additional £380 as the balance. The total fee payable would be £500. Example 2; if your monthly contribution is £200 our Policy Arrangement & Implementation fee would be £1,200. As this exceeds the minimum...
Sample 1
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Lump Sum Investments or Transfers. Should you instruct us to proceed with (any of) our recommendation(s) we will act for you in the following ways: • Handle all fund and policy administration on your behalf; • Provide regular updates to keep you informed of progress; • Ensure all your documents are issued in line with your expectations; • Provide confirmation of all actions taken on your behalf in writing. Our charge for this service is based on a percentage of the amount you invest and/or transfer. This charge is up to a total of 3% of the initial investment, subject to a minimum of £375, whichever is the greater. So, if you invested/transferred £5,000, a 3% initial fee would only be £150. (As this is under our minimum, it would be increased to the minimum of £375). If you invested/transferred £50,000, a 3% fee would be £1,500; If you invested/transferred £100,000 a 3% fee would be £3,000. This payment can either be facilitated by the product provider when they receive your funds or paid directly by you. Where we receive such a payment we will waive our ‘financial review and recommendation’ fee by the same amount. Policy Arrangement & Implementation – Regular Savings / Investments/Pensions Our charge for implementing a regular premium savings, investment or pension plan for 5 years or more is up to 3% of the annualised monthly premium over a five-year (60 months) period or a minimum of £375 whichever is the greater. You can pay this under either of the two options listed below:
Sample 1
Lump Sum Investments or Transfers. Initial Charge Most people opt to pay for our advice and services by the deduction of a percentage based fee from the investment amount sent to the account/platform administrator, fund manager or provider (the provider) prior to its investment. There is a 1% initial charge for pension and investments, for example, if we arrange a Unit Trust, Investment Bond, Open Ended Investment Company (OEIC), Exchange Traded Funds (ETF), Individual Savings Account (ISA/NISA), Drawdown, Investment Trust, Annuity or Pension on your behalf, for example £10,000, our Policy Arrangement & Implementation fee would be £100, payable within 30 days of the commencement date. For example, for £50,000 our Policy Arrangement & Implementation fee would be £500 and for £100,000 our Policy Arrangement & Implementation fee would be £1,000. These charges are payable within 30 days of the commencement date. There is a maximum 3% initial charge if we arrange a Venture Capital Trust (VCT) and Enterprise Investment Schemes (EIS). For example if we arrange a VCT or EIS on your behalf for £10,000 our Policy Arrangement & Implementation fee would be £300, payable within 30 days of the commencement date. For example, if we arrange a VCT or EIS on your behalf for £50,000 our Policy Arrangement & Implementation fee would be £1,500, payable within 30 days of the commencement date and for a VCT or EIS of £100,000 our Policy Arrangement & Implementation fee would be £3,000, payable within 30 days of the commencement date. We may also charge a maximum initial fee of 3% when advising upon a Pension Transfer case. Surrey Downs Financial Services Limited may engage third-party specialists during this specific advice process to ensure that advice is provided in line with FCA guidance and suitability. Fees arising from this engagement will be included within this 3% charge. This 1% charge is an inclusive charge that covers all services outlined in steps 1 to 3 in the “financial planning process” in the previous section. This payment can either be taken from your investment upon receipt by the policy provider (if this is an option the provider can facilitate) or paid directly by you. The full details will be set out in a client specific illustration. Please note that where advice is provided, or a review carried out, but no investment is made through Surrey Downs Financial Services, a charge will be made on a time-cost basis using the hourly rates set out on p.6.
Sample 1
Lump Sum Investments or Transfers. Should you instruct us to implement your financial plan we will act for you in the following ways: • Independently research the market to find financial arrangements (insurance, investments and pensions) which meet the needs of you and your financial plan; • We will explain and recommend these arrangements to you; • We will submit the applications and handle all the administration on your behalf; • Provide regular updates to keep you informed of progress; • Ensure all your documents are issued in line with your expectations; • Provide confirmation of our recommendations and all actions taken on your behalf in writing. Our charge for this service is based on a percentage of the amount you invest and/or transfer. These charges are applied as follows: 1% of amount invested / transferred (up to £1 million and 0.5% for any amount thereafter) subject to a minimum fee of £1995. This payment can either be deducted from your investment upon receipt by the policy provider or paid directly by you.
Sample 1
Lump Sum Investments or Transfers. Should you instruct us to proceed with (any of) our recommendation(s) we will act for you in the following ways:
Sample 1
Lump Sum Investments or Transfers. Should you instruct us to proceed with any of our recommendations we will act for you in the follow- ing ways: • Handle all fund and policy administration on your behalf; • Provide regular updates to keep you informed of progress; • Ensure all your documents are issued in line with your expectations; • Provide confirmation of all actions taken on your behalf in writing. Our charge for this service is based on the amount you invest and/or transfer. These charges are ap- plied as follows: • Up to £150,000 – 3% • £150,001 and above – 2% This payment can either be taken from your investment upon receipt by the policy provider or paid directly by you. Where we receive such a payment we will waive our ‘financial review and recom- mendation’ fee by the same amount. Example 1; if we arrange an investment on your behalf for £50,000 our Policy Arrangement & Im- plementation fee would be £1500. As this meets the ‘financial planning and recommendation’ fee of £1500 no other charges would be applied. Example 2; if we arrange investments on your behalf totalling £100,000 our Policy Arrangement & Implementation fee would be £3,000. As this exceeds the ‘financial review and recommendation’ fee no other charges would be applied. The total fee payable would be £3,000 Example 3; if we arrange investments on your behalf totalling £300,000 our Policy Arrangement & Implementation fee would be £6,000. As this exceeds the ‘financial review and recommendation’ fee no other charges would be applied. The total fee payable would be £6,000
Sample 1

Related to Lump Sum Investments or Transfers

  • Withdrawals or Transfers All requests for withdrawal or transfer will be in writing on a form provided by or acceptable to us. The method of distribution must be specified in writing or in any other method acceptable to us. The tax identification number of the recipient must be provided to us before we are obligated to make a distribution. Withdrawals will be subject to all applicable tax and other laws and regulations, including but not limited to possible early distribution penalty taxes, surrender charges, and withholding requirements.

  • Balance Transfers We may permit you to transfer balances and obligations that you owe other companies or financial institutions to your Account, subject to the terms and conditions disclosed in the Offer Materials (“Balance Transfers”). Balance Transfers will post to your Account and be separately reflected on monthly Account statements as a Balance Transfer, or, depending upon the offer, may post to the Account and be treated as a Purchase or an Advance. We will, in connection with any Balance Transfer offer we make, provide you with materials that explain how the Balance Transfer will post to your Account and be reflected on monthly Account statements. You may not request Balance Transfers on existing obligations you owe us or our affiliates. If you request a Balance Transfer that would cause your Account to exceed its Revolve Limit, we may, at our option, (a) post the entire Balance Transfer requested to your Account; (b) post only a portion of the Balance Transfer requested to your Account up to the amount of credit available under the Revolve Limit; or (c) refuse to process the entire amount of the Balance Transfer requested.

  • Rollover Contributions and Transfers The Custodian shall have the right to receive rollover contributions and to receive direct transfers from other custodians or trustees. All contributions must be made in cash or check.

  • Shift Transfers An employee who wishes to work on a shift other than the shift assigned to him by the Company, may make application in accordance with the terms of this Section:

  • Onward transfers The data importer shall only disclose the personal data to a third party on documented instructions from the data exporter. In addition, the data may only be disclosed to a third party located outside the European Union (in the same country as the data importer or in another third country, hereinafter ‘onward transfer’) if the third party is or agrees to be bound by these Clauses, under the appropriate Module, or if:

  • Returned Transfers In using the Account to Account Transfer Service, you understand transfers may be returned for various reasons such as, but not limited to, the External Account number is not valid. We will use reasonable efforts to research and correct the transfer to the intended Account or void the transfer and credit your Account from which you attempted to transfer funds. You may receive notification from us.

  • Can I Roll Over or Transfer Amounts from Another Xxxxxxxxx Education Savings Account? Amounts may be “rolled over” from one Xxxxxxxxx Education Savings Account to another Xxxxxxxxx Education Savings Account benefiting the same beneficiary. In addition, amounts may be rolled over without any tax liability to benefit a member of the family, as defined in paragraph 2, of the beneficiary, provided that they have not attained age 30 at the time of the rollover. Rollovers between Xxxxxxxxx Education Savings Accounts may be made once per year and must be accomplished within 60 days after the distribution. 529 Plans cannot be transferred or rolled over into a Xxxxxxxxx Education Savings Account.

  • Permitted Transfers The provisions of Section 8.1 shall not apply to (a) a transfer or an assignment of this Lease in connection with the sale of substantially all the original Tenant’s assets if: (I) such sale of assets occurs on an arms’-length basis, to an unrelated third party, and is for a bona fide business purpose and not primarily to transfer Tenant’s interest in this Lease; and (II) upon the consummation of the transfer or assignment, the transferee or assignee is, in the sole, but reasonable determination of Landlord (and its lender, if applicable), capable of satisfying all of Tenant’s obligations hereunder; (b) an assignment of this Lease to a successor to Tenant by merger, consolidation, reorganization or similar corporate restructuring or to an entity that controls, is controlled by, or is under common control with, Tenant; or (c) a subletting of the Premises or any part thereof. In the case of an assignment or sublease that is expressly permitted pursuant to (a) or (c) of this Section 8.3, Tenant shall nevertheless be required to provide Landlord with notice of such assignment or sublease and a true and complete copy of the fully-executed documentation pursuant to which the assignment or sublease, as applicable, has been effectuated within ten (10) business days after the effective date of such assignment or sublease. Any permitted transferee under (a) of this Section 8.3 shall execute and deliver to Landlord any and all documentation reasonably required by Landlord in order to evidence assignee’s assumption of all obligations of Tenant hereunder and to evidence the assignee’s compliance (or ability to comply) with (a)(II) above. Notwithstanding anything to the contrary contained in this Section 8.3, in no event may Tenant assign, mortgage, transfer, pledge or sublease this Lease to any entity whatsoever if, at the time of such assignment, mortgage, transfer, pledge or sublease, a Default has occurred and remains continuing under this Lease.

  • Previous Investments This Agreement shall also apply to investments made before its entry into force by investors of one Contracting Party in the territory of the other Contracting Party in accordance with the latter's laws and regulations.

  • Commingling, Exchange and Investment of the Contributions 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.

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