01483715823 info@ifadirect.co.uk

How we are paid

We will agree with you whether you pay us a fee, or we are paid out of the cost of any financial product you buy (commission) , or  customer agreed remuneration (CAR) We will always tell you about any commission we earn, and it will be taken into account in working out our fee. Commission will not usually be paid on pension and investment products.

Commission is paid to an IFA firm by a provider, usually an insurance company for the successful placing of business. The commission is included within the providers normal product charges, so there is usually nothing you need to pay us in addition. The amount of commission is based on a percentage of the premiums payable

As far as investment products are concerned, if the provider faciltates it a payment can be deducted at source from your funds and be paid to us - with your permission (CAR). Or we may charge you a direct fee for the same work

Fees will usually be based on time spent and evaluated at a rate per hour or project costs, or as a percentage ofthe investment with a (usually) smaller annual charge.  Fees may attract an additional VAT charge whereas commissions, under current legislation, do not.

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.


IFA Direct is a trading name of Credenda Ltd. Credenda Ltd is an Appointed Representative of Credenda which is authorised and regulated by the Financial Conduct Authority. Financial Services Register No: 181769 http://www.fca.org.uk/register.

IFA Direct Registered Address: 20 Vicarage Road, Woking, GU22 9BH. Registered in England, No. 2047680 .

Neither IFA Direct nor its representatives can be held responsible for the accuracy of the contents/information contained within the linked site(s) accessible from this page.

The Financial Conduct Authority does not regulate National Savings or some forms of mortgage, tax planning, taxation and trust advice, offshore investments or school fees planning.

The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk

The information contained within this site is subject to the UK regulatory regime and is therefore targeted primarily at consumers based in the UK.

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