• Investment Management Fee: Or Annual Management Charge (AMC). A fee levied by the investment firm paid out of the fund for the costs of investment management and fund administration. • Total Expense Ratio (TER): Annual cost of a fund which includes the AMC and other services paid for by the fund i.e. trustee, depositary and custodian fees. • Trading / Broker Fee: Necessary costs when investing in shares or active funds if the manager or broker buys and sells. • Plan Fee: A set charge typically applied on the plan anniversary to cover provider administration. • Wrap Fee: Charge taken by the Wrap service provider for administering a specific tax wrapper • Platform Fee: Charge taken by the Platform service provider for administering a specific tax wrapper. • Trust Fee: Charges taken from the trust property for on-going trustee duties and expenditure Other Fees: Attributable on-going charges to the plan or investment strategy not already mentioned. Event Based Charges: Ad hoc charges related to specific events. • Advisor Charge: A fee paid to the advisor for specific advice or services. • AC Paid By Provider: The Advisor Charge will be paid by the product provider. AC Paid By Client: The Advisor Charge will be paid by directly by you AC Paid By Cash Account: The Advisor Charge will be paid from the cash account within your investment. AC Paid By Fund: The Advisor Charge will be paid from the fund. Income Review Fee: A charge levied by the plan provider to review the maximum GAD income drawdown level ahead of the statutory triennial review or transfer in. • Fund Switch Fee: A charge to sell one fund to buy another. • Income Withdrawal Charge: A charge levied by the plan provider to commence or maintain income payments from capital. Other Fees: Attributable specific charges to the plan or investment strategy not already mentioned. Exit Charges: One off fees taken on termination.
• Investment Management Fee: Or Annual Management Charge (AMC). A fee levied by the investment firm paid out of the fund for the costs of investment management and fund administration. • Total Expense Ratio (TER): Annual cost of a fund which includes the AMC and other services paid for by the fund i.e. trustee, depositary and custodian fees. • Trading / Broker Fee: Necessary costs when investing in shares or active funds if the manager or broker buys and sells. • Plan Fee: A set charge typically applied on the plan anniversary to cover provider administration. • Wrap Fee: Charge taken by the Wrap service provider for administering a specific tax wrapper • Platform Fee: Charge taken by the Platform service provider for administering a specific tax wrapper. • Trust Fee: Charges taken from the trust property for on-going trustee duties and expenditure Other Fees: Attributable on-going charges to the plan or investment strategy not already mentioned. Event Based Charges: Ad hoc charges related to specific events. • Advisor Charge: A fee paid to the advisor for specific advice or services. • AC Paid By Provider: The Advisor Charge will be paid by the product provider. AC Paid By Client: The Advisor Charge will be paid by directly by you AC Paid By Cash Account: The Advisor Charge will be paid from the cash account within your investment. AC Paid By Fund: The Advisor Charge will be paid from the fund. Income Review Fee: A charge levied by the plan provider to review the maximum GAD income drawdown level ahead of the statutory triennial review or transfer in. • Fund Switch Fee: A charge to sell one fund to buy another. • Income Withdrawal Charge: A charge levied by the plan provider to commence or maintain income payments from capital. Other Fees: Attributable specific charges to the plan or investment strategy not already mentioned. Exit Charges: One off fees taken on termination.
GroupPrivateMedicalInsuranceRecommendation201718_12052017115630.docx