Prudential Investment Managers

Prudential Investment Managers

February 2017

Prufessional 1: New payment cycle for adviser fees

We are pleased to inform you that we are now able to pay financial adviser fees (i.e. annual, trailer and initial fees) in the same month in which the fees have accrued. Previously, adviser fees were paid one month after the accrual date.

How will the new fee cycle affect your payment for June?

Fees that have accrued in May will still be paid in June as scheduled. However, as we move into the new fee payment cycle, fees that accrue in June will also be paid in June. This means that you may receive a larger payment than usual, as it will include fees accrued for both May and June.

As always, if you have any questions or feedback, please feel free to contact your Business Development Manager, our Client Service Centre on 0860 105 775 or email us at query@myprudential.co.za

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