What are the other fees apart from the monthly membership fee?

The fees for the network include a large number of fees that we pay for you. These include the following;
Training fees - included in the fixed network fee
Visits fee from regional compliance managers - included in the fixed network fee
File Check fees - included in the fixed network fee
Professional indemnity insurance – included in the fixed network fee
Joining fees - included in the fixed network fee
Software fees - included in the fixed network fee
FSA related fees - included in the fixed network fee
*FSCS annual-levy fee – included in the fixed network fee
FOS fees – included in the fixed network fee
We do charge for specialist advice which IFAs cannot do themselves, this is on a fee basis and in full consultation and agreement with IFA at the time. This includes work such as Pension transfers, which can be as much as £500 payable once only for a report and analysis of an occupational transfer, although the IFA obviously remains in charge of the commission and is free to invoice the customer as appropriate.

This does not include any interim levies. Financial will communicate our approach to requests for compensation scheme funding if/when they occur.

Normally commissions are paid direct to the member IFA. However, when any commission is paid to Financial Ltd (mainly Cofunds) there is a fee of £6 for the administration and onward payment of commission to you.