Our core service can be accessed for a simple all-in fee, covering:
Investment management
Custody and administration
Any applicable VAT
Tax reporting
Transaction fees & 3rd party execution charges
The Netwealth fees are a simple flat annual charge, deducted monthly in arrears. The annual percentage is based upon the total amount transferred to our service across your Network. For our Financial Advice charges, please see the next page.
The additional charges are incurred by the third parties we will work with as part of our service. Their charge is deducted at source. We clearly quote these you know the total charge you pay.
Net Contributions
£50,000 - £249,999
£250,000 - £999,999
£1,000,000 - £4,999,999
£5,000,000+
Netwealth Management Fee
0.75%
0.60%
0.45%
0.35%
Estimated fund and trading costs
0.30%
Total annual costs of investing
1.05%
0.90%
0.65%
Fee rates applicable from 1st May 2024. For Socially Responsible Investment (SRI), higher underlying fund charges and trading costs add between 0.05% and 0.15% to the total costs of investing.
Financial advice and guidance fees
The table below lays out the fees that apply if you get investment-related advice from a qualified Netwealth adviser. Fees quoted include any applicable VAT.
Fixed-cost advice packages
Designed to help you review the maximum level of pension contributions you can make in a tax year. This package will calculate your available annual allowances, after any applicable tapering for higher-earners and factoring in available carry-forward allowances from previous tax years.
Moving your pension into drawdown is an important retirement planning moment. We help you consider (i) your options for retirement income and whether drawdown is appropriate, and (ii) how to invest the pension going forward and how much income can be sustainably drawn for the length of your retirement.
