Terms Of Business
JMIFA (previously John Millett Independent Financial Advisors Ltd).
These terms of business set out the general terms under which The Company will provide insurance and investment business services to you and the respective duties and responsibilities of both The Company and you in relation to such services. Please ensure to read these terms thoroughly and if you have any queries, please contact the undersigned who will be happy to clarify.
John Millett Tel: (01) 681 4240 – Aisling McVeigh Tel: (01) 681 4246
Firm name and contact details:
Address: Head Office, Argyle Square Morehampton Road, Dublin D04 W2P9.
Tel: (01) 681 4240,
Fax: (01) 681 4244
JMIFA (previously known as John Millett John Millett Independent Financial Advisors Ltd.), is not a provider of regulated Financial Services in the Republic of Ireland or in any other jurisdiction.
• Self Administered and Trustee services in respect of Pensions and Trusts.
• Actuarial services in respect of Company Pensions; Reviews, Scheme Wind ups
• Expert witness in legal matters – family law, personal injury/fatal accident claims, pension disputes, unfair dismissal, life interest and reversions.
Fees and Charges
JMIFA is remunerated by fees for Trustee and Administration Services provided to Self Administered Pension Schemes and General Trusts.
Fees are negotiated by agreement with the members and or their representatives. Fees are levied on an annual basis and are charged for the full period once the scheme or Trust year commences.
Hourly rate model
Advisor fees: €150 – €305 per hour plus VAT.
Support staff: €125 per hour plus VAT.
Additional fees may be payable for complex cases or to reflect value, specialist skills or urgency.
These fees will cover the service on the nature of the engagement and selection of suitable services. The company does not operate any earnings or revenue share with other services providers. All enagagments are treated as an independent stand alone relationship in respect of the services the company provides.
Conflicts of interest
It is the policy of JMIFA to avoid conflicts of interest in providing you with administration or other business services. If this is not possible, The Company will notify you as soon as practicable after The Company becomes aware of the conflict of interest and you may rest assured that you will be treated fairly where such a conflict is unavoidable.
Default on payments by clients
JMIFA, will exercise the legal right to receive payments due to the company from clients for business services provided. In particular, without limitation of the generality of the foregoing, The Company will seek reimbursement for all payments made to other providers or incurred on behalf of clients where The Company has acted in good faith in providing the agreed service for the client.
The Company may withdraw administation or other services in the event of default on payments due under the terms of the provision of its services which have been agreed you. The Company would refer you to your original agreement in respect of terms for the details of such provisions.
JMIFA ask that you make any complaint against the Company relating to investment business services provided by the Company in writing. The Company will acknowledge your complaint within 14 days and The Company will fully investigate it. On completion of the investigation, the Company will provide you with a written report of the outcome. A full copy of our complaints procedure is available on request.
List of Service Providers
Pensioneer Trustee Services
Private Company Pensioneer Trustees (Ireland) Ltd.
Pinnacle Pensioneer Trustees
Please note that JMIFA no longer acts a regulated insurance or investment product intermediary. Any requests for such services will be referred to Argyle Financial Services DAC or another competent or regulated financial services provider. Trustee Services will be handled by one of our affiliated Trustee companies. Non regulated financial services requests will be referred to an associated company such as South Quay Capital. These would include investments in off shore structures, overseas limited liability companies, private equity and or private debt placements etc. Please note in general, such products are not governed under any Financial Service Authority, Investor protection legislation or Central Bank authorization. They are not covered under any investor compensation or related consumer protection scheme. Clients will be deemed to have a full understanding of the inherent risks associated with such placements.