Common use of Project Work Clause in Contracts

Project Work. For any project work we agree with you this will be subject to a minimum fee of £750 (plus VAT, if applicable). Project fees cover work, which generally does not end in a new product being taken out, such as review of existing policies and retirement forecasts, and therefore will likely be subject to VAT. Fees will be based on an adviser hourly rate of £225ph (plus VAT, if applicable). In order to ensure that you receive the service that is most appropriate for your circumstances and requirements, we offer three different types of service level. These are described below: Maintenance of records and ongoing administration in connection with your investments ✓ ✓ ✓ Annual consolidated valuation of your portfolio ✓ ✓ ✓ Ongoing telephone/email support ✓ ✓ ✓ Ongoing administration in connection with your portfolio ✓ ✓ ✓ Additional advice provided when required on an agreed fee basis ✓ ✓ ✓ Market monitoring ✓ ✓ ✓ Personal alert to changing conditions ✓ ✓ ✓ Periodic Review to include reassessment of objectives ✓ ✓ Periodic Review to include appraisal of performance, risk profile capacity for loss, and whether investment meets your objectives ✓ ✓ Half-yearly/quarterly Review meetings (subject to individual agreement) ✓ Cost as a percentage of your portfolio 0.50%pa 0.75%pa 1%pa Minimum charge p.a. £750 £1,250 £2,500 Examples On-going Adviser Charge On-going Adviser Charge On-going Adviser Charge Portfolio Values: £100,000 (minimum charge) £750pa* £1,250pa* £2,500pa* £200,000 £1,000pa* £1,500pa* £2,500pa* £350,000 £1,750pa* £2,625pa* £3,500pa* *Since our ongoing adviser charge is based as a percentage of the value of the investment at the time it is deducted, the monetary amounts deducted may be higher or lower, in line with the fluctuating value of your investment.

Project Work. For any project work we agree with you this will be subject to a minimum fee of £750 (plus VAT, if applicable). Project fees cover work, work which generally does not end in a new product being taken out, such as review of existing policies and retirement forecasts, and therefore will likely be subject to VAT. Fees will be based on an adviser hourly rate of £225ph (plus VAT, if applicable). In order to ensure that you receive the service that is most appropriate for your circumstances and requirements, we offer three different types of service level. These are described below: Maintenance of records and ongoing administration in connection with your investments ✓ ✓ ✓ Annual consolidated valuation of your portfolio ✓ ✓ ✓ Ongoing telephone/email support ✓ ✓ ✓ Ongoing administration in connection with your portfolio ✓ ✓ ✓ Additional advice provided when required on an agreed fee basis ✓ ✓ ✓ Market monitoring ✓ ✓ ✓ Personal alert to changing conditions ✓ ✓ ✓ Periodic Review to include reassessment of objectives ✓ ✓ Periodic Review to include appraisal of performance, risk profile capacity for loss, and whether investment meets your objectives ✓ ✓ Half-yearly/quarterly Review meetings (subject to individual agreement) ✓ Cost as a percentage of your portfolio 0.50%pa 0.75%pa 1%pa Minimum charge p.a. £750 £1,250 £2,500 Examples On-going Adviser Charge On-going Adviser Charge On-going Adviser Charge Portfolio Values: £100,000 (minimum charge) £750pa* £1,250pa* £2,500pa* £200,000 £1,000pa* £1,500pa* £2,500pa* £350,000 £1,750pa* £2,625pa* £3,500pa* *Since our ongoing adviser charge is based as a percentage of the value of the investment at the time it is deducted, the monetary amounts deducted may be higher or lower, in line with the fluctuating value of your investment.