SRC Wealth Management | a Chartered Financial Planning company that provides specialist advice on defined benefit pension transfers

Transparent and upfront

We like to keep things clear and simple in everything we do and that includes how we are remunerated. We will therefore advise you of the cost of any work we undertake in advance.

Our ‘Client Agreement’ provides more details of our fees but typically you can expect to pay:

Initial Meeting - £150 or £250 (dependent on the service you require)

Financial Report - Every client we take on will receive a financial report detailing our recommendations. The fee for this report will be dependent on the complexity of your circumstances and requirements. Our minimum report fee is currently £700.

Implementation Fee - If we are recommending an investment then we will charge you a percentage of the money you invest. The maximum we charge is 1.5% but this will be reduced if your investment exceeds a certain amount. As an example, an investment of £500,000 would attract an implementation fee of £7,500.

Ongoing Advice Fee - If you select our ongoing advice service we will charge you a percentage of the money we manage on your behalf. The maximum we charge is 1% but this will be reduced if your investment exceeds a certain amount. As an example, an investment of £500,000 would attract an ongoing advice fee of £5,000.

Our fees are not currently subject to VAT.

You can choose to pay our fees direct or it may be possible for them to be deducted by the product provider (assuming we recommend a product). For example, many of our pension transfer clients choose to have our fees deducted from the transfer value.

We will provide you with a written estimate of our fees following our initial meeting. You will then be free to ‘shop around’ before you instruct us.

Request Information