The Regular Fixed Charge, which is paid by some International Bond customers under the wealth management charging structure, will increase by 5% pa in 2023. This is in line with our Policy Provisions and follows a review of overall costs, which are impacted by inflation.
The Regular Fixed Charge is a monetary amount taken quarterly in arrears. On average customers will pay between £7 and £8 more per quarter.
Throughout the year, we’ll notify customers of the increase at least 30 days before their bond anniversary date, and their first increased charge will be taken three months after their anniversary date. You may wish to check whether standing orders in place to cover this charge need to be updated.
|Quarter in which customer's Bond anniversary falls||Approx date customers will be notified|
|April – June||Start of March 2023|
|July – September||Start of June 2023|
|October – December||Start of September 2023|
You can view a copy of our customer communication here.
For more information, please contact 0345 600 2387 (call charges will vary).
Please note - this news item was previously published in November 2022. We’re republishing as a reminder because customers with anniversary dates between April 2023 to June 2023 will receive their communication regarding this price increase from 01 March 2023.
The information on this site is for qualified financial advisers and must not be relied on by anyone else. If you are not an adviser please go to our customer website for more information about our products and services.