How We Are Paid

   There is no charge for a preliminary meeting and no
   obligation on either side.

   After the initial free consultation, we will agree
   with you how we are paid, either:

   • a fee, or

   • a commission (paid out of the cost
    of any financial product you may buy), or 

   • a combination of fee and commission


Pension schemes normally have an annual fund
based management charge of 1% e.g. on an investment of
£1000,000 the fee would be £1000.
The provider will pay JB Wealth Management Ltd a commission out of this.
If an employee leaves within a certain time scale, the commission is
clawed back from JB Wealth Management and not the employee or the
employer. The employer is therefore not involved in any direct expense,
other than paying the actual pension premiums themselves.
The responsibility for giving the right advice is on the IFA, not the employer.
We will always tell you about any commission we earn, and it will be
taken into account in working out any fee. If a fee is to be paid it will
be based on time spent and evaluated at a rate per hour
calculated to recover our costs.

Whether we take our remuneration by way of commission or fees will
be a matter of discussion and agreement, and no charges for fees will
be made without prior notification in writing.