In some circumstances, commissions or other benefits may become payable to us or to one of our associates in respect of transactions we or such associates arrange for you, in which case you will be notified in writing of the amount and terms of payment.
Please refer to the Key Facts document for whether fees otherwise payable by you will or will not be abated by such amounts.
If we reduce the fees we would otherwise charge by the amount of commission retained, we will apply the HMRC concession that allows VAT to be calculated on the net fee after deduction of the commission.
You consent to such commission or other benefits being retained by us or, as the case may be, by our associates, without our (or their) being liable to account to you for any such amounts.
The effective date of this clause is 24 July 2025.