Flat Fee from $4,800 The fee may be lower or higher depending on the complexity and advice previously received by Equitem.

These are fees paid by you for:

• Research into your existing situation including your current financial products (within the agreed scope).

• Preparation of a strategy and research into appropriate recommended products.

• Presentation of advice and recommendations to you in an advice document such as a Statement of Advice.

Fees will vary depending on the complexity of the advice.

Any implementation fee will be agreed with you prior to proceeding and are fees paid by you for the administration to put your strategies and financial products in place with product providers.

Package 1 - The Life Goals Navigator - $1,860 per household (an individuals fee is $1,210)

Package 2 - The Golden Years Gameplan - $1,860 per household (an individuals fee is $1,210)

Package 3 - The Bucks and Balance Blueprint - $660 per person

Investment and Savings strategy fees (applicable to Packages 1 and 2) - Equitem charges $320 per investment/savings strategy under our management

Please click here for an overview of our Ongoing Service Package inclusions

Subsequent advice where minor changes are needed, and your situation has not significantly changed.

$550 - Your adviser may charge you an agreed fee to conduct the review and provide the Record of Advice.

Subsequent advice where significant or complex changes are needed.

$990 - In addition to your ongoing Adviser Service package, your adviser may charge you an agreed fee to conduct the review and provide the Additional Statement of Advice.

Additional Financial Model and Forecast Scenario (existing plan - minor change): $330

New Financial Model and Forecast Strategic Statement of Advice: $990 (for up to 3 additional strategies)

Beyond Engagement Terms and Annual Meetings at $330/hour

These payments are made by the insurers and are in the form of initial and / or ongoing commissions (typically 60% of the year 1 premium, then 20% of ongo0ing annual premiums). Our flat advice fee includes the research, strategy preparation and Statement of Advice related to life insurance needs. Should you proceed with our insurance recommendations, we receive a commission (fully disclosed in the SoA) to cover the cost of applications, underwriting, support, implementation, and ongoing management and administration of your policies. Insurance has a legal responsibility period of 2 years, meaning that if a policy is varied (reduced or cancelled) leading to the insurer writing back (or taking revenue off Equitem for having provided the advice) within 2 years, the amount recovered by the insurer against Equitem for your advice will be on-charged to you.

If your adviser provides you with a further advice document such as a SoA or RoA (which may arise depending on the complexity of the advice and the services provided), other fees may be payable. Any such fees and method of payment will be agreed in writing between you and your adviser and may include up-front, ad hoc, execution only service fees, implementation or ongoing fees, or a combination.

We reserve the right to charge an administrative fee for the project management and success of an insurance claim. The type of claim (Life, TPD, Trauma, Income Protection or a combination of any of these), and complexity and time to complete a claim varies vastly between each claimant, you will be provided with a Claim Agreement outlining the initial fee for commencing a claim and the anticipated success fee. An example of the claim fee we charge is a $550 commencement fee for preparing the claims pack and investigating the likelihood of success, then a minimum fee of $5,500 (subject to change based on complexity) at successful receipt of the claim benefit being paid to you (the final fee will reflect the value, expertise, outcome and time taken to manage the claim and as a guide it may constitute between 1%-5% of the financial benefit you receive as a result of a successful claim).