Our Services
At Protect and Invest, we offer a choice of payment options which will be discussed in full at your initial consultation. A brief summary of these options is as follows:
Commission Based Advice
This is the payment method that the majority of our clients prefer and it is therefore the basis upon which we normally operate. The initial consultation is provided free of charge and from there we will discuss and agree any work to be carried out on your behalf. Should our work result in you taking out some form of investment, pension or other type of policy through us, we will receive commission by the provider that we recommend. We will always clearly inform you the amount we shall receive, prior to going ahead with any transaction. In the case of larger transactions, we often discount the commission taken thereby enhancing your investment.
On some occasions the commission payable to us may be insufficient to cover our costs, or there may be no commission payable at all. In this case it may be necessary for us to charge you an additional fee. If this happens we will let you know well in advance and agree the amount of any fee with you prior to commencing any chargeable work.
Fee Based Advice
If you prefer, we are happy to work on a fee only basis. Under this payment method we would not receive commission from any providers for products we set up on your behalf, but instead we will charge you a fee to cover the cost of the advice given. Once again, the initial consultation is free of charge, although fees will be payable for subsequent meetings and any future reviews that you would like us to undertake on your behalf. Our fees can either be charged hourly or based upon a set amount for the work being undertaken. This will be discussed in detail at our initial meeting and you will be informed in advance of any chargeable time being spent.
For more information on how we are paid, please refer to our Client Agreement which will be provided to you and explained during our initial meeting.