Fee-Only Planning

What we do

Fee-Only Planning Ltd. has a non-profit educational role and provides papers, books and self-study courses for the individual in the UK and Europe, and MasterClasses in Financial Planning for the practitioner and business owner.

We also provide a complete system solution for the Fee-Only firm, at a fixed annual fee for software.

About our CEO

Rob Noble-Warren won the first Financial Planner of the Year competition in the UK, is one of three people to be qualified in financial planning at the CFP™ level in both the USA and the UK, and is also a Chartered Tax Advisor with the Institute of Taxation in the UK.

Writing for the consumer magazine 'Bloomberg Money', and with a tax column in 'Real Adviser', Rob has provided a consistently high standard of work, combining writing skills with in-depth experience.




Exit charges

Here's a worksheet to explore exit charges of traditional savings and pensions:-

CHANGE THIS - my average annual premium on a traditional savings/pension plan:

The average exit charge I will pay would be (which I can avoid):

Calculated like this:
Year value

encashment value

chance of having to encash this year*

 exit charge
1

16.2%

2

13.2%

3

11.5%

4

11.0%

5

6.5%

6

6.5%

7

6.5%

8

6.5%

9

6.5%

10

6.5%

Average exit charge you are likely to pay

You can avoid these charges by not buying these contracts, which include include older-style 'MIP's, endowments, whole life contracts, friendly society plans, and assurances.

There are annual charges, too, which you can also reduce.

* Figures taken from the published persistency tables and the OFT Report "Surrender Values of Insurance Policies'

For examples of financial products with less annual charges, search the articles for 'wrap account'.