Services and fees

How we work

Our primary objective is to ensure that you have enough money for the rest of your life to enable you to do the things that you want to do. This is life changing advice – and here’s how we do it.

Information gathering

Creating your plan

Plan reviews

Ongoing reviews

Step 1

Information gathering

We’ll gather information regarding your existing pensions, savings and investments. We’ll gain a picture of what you spend right now and how you think your spending patterns might change.

It’s also really important to understand what matters to you, the hobbies and interests you have, future life goals and plans you have in mind and how you feel about investment risk.

Step 2

Creating your plan

We will then use this information to put together your lifestyle financial plan. As part of this, we’ll use cashflow planning to model different scenarios surrounding your future and your finances, with the aim of empowering you to make more informed decisions.

Watch the video below to understand more about what this is and how it works.

Step 3

Plan reviews

Once we have established the funds that you need to have and to ensure that those will last for the rest of your life, we then need to confirm that your existing plans are ‘fit for purpose’.

Rather than make an assumption that an existing plan is or is not up to the task of being sufficiently flexible to achieve your objectives, we will examine that arrangement and carry out a thorough plan review.

If we believe that an existing policy will not deliver what you require, or we believe that you need something else to meet your objectives we will advise you accordingly.

Step 4

Ongoing reviews

During investment reviews we will see how you are progressing with the financial plan and whether you remain on track to meet your objectives. We can also update any of your circumstances and fund valuations in comparison with the preceding year.

This will give you complete reassurance as you move towards your retirement, or move into your retirement, that you will still have enough funds for your desired lifestyle.

Any products we have arranged for you will only be kept under review as part of an ongoing service for which you have agreed to pay. We consider our ongoing services to be an important part of our financial planning process. If you agree to purchase an ongoing service, unless otherwise agreed, the ongoing service will be provided as a follow up to the initial service.

Fees and charges

Our primary objective is to ensure that you have enough money for the rest of your life to enable you to do the things that you want to do. This is life changing advice – and here’s how we do it.

Fees

Initial Charge

Annual Cost

Arrangement
Monetary Cost
% Charge
Frequency

Financial Lifestyle Plan Inc. Plan Reviews

£2,200 – £5,000 *

Initial

Implementation Fees – Putting the recommendation into effect – % charge based on the total amount invested

Minimum £1,500

1%

Initial

Annual investment review
(Foundation Investment Service)

  • Option of one face to face/online meeting per year.
  • Yearly monitoring and written investment portfolio review

Minimum of £1,750 pa

0.85%**

Annual, paid monthly

Twice yearly investment review
(Premier Investment Service – minimum £750k

  • Option of two face to face/online meeting per year
  • Half yearly monitoring and written investment portfolio review

Minimum of £7,500 pa

1.0%**

Annually, paid monthly

Standalone cash flow planning review

£975

Annually, paid monthly

Initial Charge Examples

Basic case, implementation of £250,000

  • Finance plan = £2,200 +
  • Implementation = £2,500

Total £4,700

Standard case, implementation of £250,000

  • Finance plan = £3,000 +
  • Implementation = £2,500

Total £5,500

Complex case, implementation of £300,000

  • Finance plan = £5,000 +
  • Implementation = £3,000

Total £8,000

Standalone work quoted in advance
(i.e. divorce, annual allowance/carry
forward calculations etc)

  • IFA work of 6 hours = £1,350

Total £1,350

Annual Cost Examples

Premier Service

A £750,000 investment would equate to

  • 750,000 x 1.0% = £7,500 per annum

Total £7,500

Foundation Service

A £330,000 investment would equate to

  • 330,000 x 0.85% = £2,805 per annum

Total £2,805

Foundation Service

A £130,000 investment would equate to

  • Minimum fee = £1,750 per annum

Total £1,750

* depends on the complexity

** There may be some specific arrangements with increased costs, and this is typically more complex tax planning arrangements or pension transfers. However, we will always explain and get your agreement to these additional costs in advance. They will be quoted as fixed monetary amounts.

** As this fee is a percentage of the overall portfolio and received on a monthly frequency, it will move up and down in line with the fluctuations of the portfolio as a whole.

Please be aware that there may be discounts for managing assets over £1 million. More details will be given by our financial advisers during any initial meetings arranged where this may apply.

Having worked with Kingsfleet, our future is now certain. We know what we have and how to use it.

Jenny, Kingsfleet client

The value you receive

You just have to hear from some of our happy clients to understand the value and positive impact our service can have. Here are what some of the people we’ve worked with have got to say.

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of clients believe that working with us is helping them to achieve their future plans

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of people would recommend us to others such as their family, friends and work associates

0 %

of clients said that they had already recommended us to others

Get in touch

Take the first step towards the future you want. Simply contact us to find out more about how we can help.