The Kingswood Lifetime Financial Planning Service

Becoming a Client

The first step to becoming a client is to attend an informal introductory meeting. At the meeting we will discuss your needs and requirements and offer an honest opinion on whether we think you will benefit from our service. This meeting is conducted without charge or obligation (on either party) and typically lasts up to one hour. Thereafter, if you wish to engage our services and become a member of the Kingswood Lifetime Financial Planning Service, we begin the formal six-stage financial planning process described on page four.

What services are available?

Membership of the Kingswood Lifetime Financial Planning Service is available at two levels, differentiated by whether you require an annual or half-yearly review service. Both categories of membership provide access to the following:

Core Services:

· A formal Annual or Half-Yearly Review Meeting providing:

1. A complete valuation of your portfolio

2. Discussion of progress towards your financial goals

3. Review of your current circumstances and attitudes

4. Establishment of a strategy for the coming year

· Unlimited access to your Financial Planner between reviews by telephone, post and e-mail.

· Unlimited meetings at our offices between review dates, if required.

· Access to and use of our intellectual property employed in advising on your affairs whilst you remain a retained client.

· Three issues of our topical newsletter "Smart Money" each year

· Access to investment, protection and retirement planning products at preferential rates.

· Pro-active ongoing contact to advise of opportunities and issues as they arise.

· A "hassle free" transactional service, taking the complexity out of administering your financial life.

· A transparent fee based service, with the ability to offset or rebate commission on all product transactions.

· Access to our range of additional Specialist Planning Services.

What are the costs?

As a professional firm, we charge fees for our services, the amount of which we will agree before we proceed. A typical client journey would involve the following stages and fees:

i) The Initial Meeting - Carried out entirely at our cost when held at our offices and without obligation.

ii) Preparing your Financial Planning Report - Undertaken for a fixed fee, irrespective of the services you require, the number of meetings held or number of hours spent.

iii) Monitoring and Reviewing your Portfolio / Plan - Our Annual Review service costs £400 p.a. (or £29 per month if paid by Standing Order). A Half-Yearly Review service is also available at a cost of £700 p.a. (or £47 per month if paid by Standing Order).

iv) Financial Arrangement Fees - Single premium investments attract an initial fee of between 1% and 3%, subject to a minimum of our time-cost charges. Our annual fee is 0.5% (normally paid through offset of trail commission). Switching between investments is charged at 1% of the amount switched.

v) Fees for other types of work - Calculated by reference to our time-cost or fixed fees for defined matters.