Fees
- Initial Consultations – Free no obligation basis.
- The Minerva Product Fee – this is on paper 10% of the taxable wealth.
- Legal advice/implementation fee – varies from 5% to 2% of the taxable wealth. VAT is payable
only on the legal advice/implementation fee and capped at £200,000.00 where assets to Trust exceed
£10m. - Trustee Fees: are negotiated separately with the trustees but expect to pay £2500 annually on
a trust fund of £1million with £1500 minimum annual fees. There is usually a one off trust set up
fee of £1500. - On shore Wealth Management Fee – £5,000
- A Day Pension Plan – Where clients wish to free their UK pension scheme assets, Bentley
House Trustees Ltd will be appointed by the client to establish and administer pension
arrangements associated with the structure. These are
| Pension Asset Value | Fee |
|---|---|
| £500k | £3,000 |
| £500 - £1.0m | £5,000 |
| £1.0m to £2.0m | £7,500 |
| £2.0m+ | £10,000 |
Where there are 4 or more scheme members, Bentley House Trustees Ltd reserve the right to amend the above charges but would advise the clients in all circumstances, if this were necessary.
As a part of the establishment process of the A Day Pension Plan, it is necessary for a contribution of £500.00 to be made to the new UK registered pension scheme established as a part of the process.