© 2019 Abacus Financial Options Ltd

 

Abacus Financial Options Ltd is authorised and regulated by the Financial Conduct Authority (http://www.fca.org.uk/register). Financial Services Register No: 576165

 

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.

 

Registered Address:
12 Haviland Road, Ferndown Industrial Estate, Wimborne, Dorset BH21 7RG
Registered in England, No. 07880295

How We Are Paid

The 'Mortgage and Insurance Service & Costs' and 'Client Agreement For Investments & Insurances' Documents explain the way we work and how we are paid for different aspects of our work with clients.  The Customer Privacy Document explains how we use your personal data and your rights in relation to your personal data.  A copy of these documents is available via the links below.

Disclosure Documents

Mortgage and Insurance

Service & Costs

Client Agreement for

Investments & Insurances

Mortgages

 

Following our initial no cost meeting, but before advice is given and a recommendation made, we will agree how we will be paid if we proceed to a successful application.  If a fee is to be charged it will be discussed and agreed at the initial meeting.

 

 

Example fee, if applicable:

 

A combination of fee from the client and commission from the lender. Fee of £300, £150 of which is payable on application and the remainder is payable on offer, plus there will be a payment from the lender when your mortgage completes.

Lifetime Mortgages (Equity Release)

 

Following our initial no cost meeting, but before advice is given and a recommendation made, we will agree how we will be paid if we proceed to a successful application.  If a fee is to be charged it will be discussed and agreed at the initial meeting.

 

 

Example fee, if applicable:

 

A combination of fee from the client and commission from the lender. Fee of £500 which is payable on completion, plus there will be a payment from the lender when your lifetime mortgage completes.

Protection

 

Following our initial no cost meeting this type of business is usually paid by commission only. This commission is payable by the provider for protection policies placed on risk as a result of our advice.

 

The commission is included within providers' normal product charges so there is nothing you need to pay us in addition. The amount of commission, both initial and ongoing, is based on a percentage of the premiums payable.  This will be disclosed to you during the advice process.

Investments and Pensions
‚Äč

Following our initial no cost meeting, this type of business is paid by fee.  We will gather information about your circumstances and needs and prepare recommendations. This will be at our cost. After this we will agree a fee before implementation of recommendations and/or other services and project work (see later)

 

Please refer above to the Services and Costs Disclosure Document for Investments & Pensions which provides full details of the structure of our charges.

 

Ad-hoc
 

Abacus is able to provide a wide variety ad-hoc services for clients on a fee basis.  A copy of our fee menu for such services is also accessible via a link below.

Ad-hoc Services Menu