If regular contributions stop:
Adviser chargeCommission If the charge is a percentage of the contribution it'll reduce in line with the contribution. We'll continue to pay all other charges if there is sufficient value in the regular contribution part of the plan.If commission is being paid as a percentage of the contribution, it will reduce in line with the contribution. If commission has already been paid, it may be clawed back. This is outlined in the remuneration guide below.
If regular contributions increase:
Adviser chargeCommission
For automatic increases (for example, salary-related) which are being paid as a percentage of the contribution and where payments still need to be made, we'll increase the charge in line with the contribution for the remainder of the charge period.
For non-automatic increases where the charge is being paid as a percentage of the contribution and a charge has been previously agreed, we'll apply the original charge instruction to the increase, unless we're told otherwise.
For automatic increases, we'll apply any commission to the contribution increase.
For non-automatic increases, we won't pay any commission. Any remuneration will need to be paid as an adviser charge, which will be agreed on an individual basis.