Our fees, explained simply
Our Fee Structure
We believe great financial planning should feel clear, fair, and genuinely helpful.
That’s why we take the time to explain everything up front - what we do, how we help, and what it will cost. No confusion. Just honest conversations, transparent pricing, and support that gives you clarity and confidence.
First Meeting
This is an informal meeting where we will listen to you, so that we can understand you and your needs.
This is a no-cost meeting, and is at our expense
After this meeting, we will confirm in writing the exact cost of your plan, ensuring you receive a fair price based on the work required.
Stage 1: Financial Planning Report
This includes all the meetings in the client journey, cashflow modelling, a full review of existing financial arrangements, and in-depth research into pensions and investments for suitability. We provide detailed recommendations and outline the actions you could take to reach your objectives, all within a comprehensive written document.
This service includes:
A detailed financial plan tailored to your goals.
Rigorous analysis of your current financial position.
Strategic recommendations to optimise your finances and investments.
Fee: Ranges from £1,495 to £2,995, depending on complexity
Stage 2. Implementation of Our Recommendations
If any action points raised at Stage 1 lead us to make formal recommendations, we charge a fixed implementation fee depending on the complexity. It is your decision whether to move onto Stage 2 and we will confirm the fee level with you before we start this stage - however this fee is capped.
This covers the administrative and practical work of implementing your financial plan, including:
Liaising with providers.
Executing investment or policy changes.
Ensuring seamless transitions.
Fee: Capped at £795.
Stage 3 – Maintenance & Ongoing support
Here, we become your long-term financial strategy partner. Financial Planning is an evolving process. We ensure that you and your plan stay on track. Life is unpredictable, and when circumstances change, we help you understand the impact on your financial plan and recommend necessary adjustments. We make sure your plan remains optimised, allowing you to focus on living with peace of mind that your finances are working for you.
Ongoing Fee (Percentage-Based, Tiered Structure)
Our fees are based on the amount you have invested with us, ensuring fairness and transparency:
0.75% on the first £500,000 invested.
0.50% on the next £500,000 (from £500,001 to £1,000,000).
0.25% on amounts exceeding £1,000,000.
This tiered approach ensures that fees scale fairly with portfolio size, reflecting the level of complexity and work involved while avoiding disproportionate charges.
For your investments, there are two additional costs beyond our annual fee:
Platform fees: These are charged by the custodian or "platform" that manages your investments, provides tax wrappers, and handles tax reporting, among other services.
Fund fees: These are the fees associated with investing in our evidence-based portfolios, which are run and managed in partnership with industry leader Timeline. They oversee the portfolios, ensuring they align with our passive, evidence-based approach.
On average, platform fees are around 0.15% (this decreases with higher portfolio values), and fund management fees start at 0.18%.
For a portfolio of £500,000, with our ongoing advice fee included, the total annual expense comes to around 1.08%.
The Financial Conduct Authority does not regulate Cashflow Planning.
The value of Pensions and Investments and any income from them can fall as well as rise. You may not get back the full amount invested.
If you would like to understand more about how we may be able to help you, please get in touch
☎ 01326 33 33 55
✉ toby@betterlifefp.co.uk
Or fill out our contact form
