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Tailored expertise to help you make more of your money

We believe financial advice should be available to people from all walks of life. That’s why there’s no cost to you for receiving personalised financial advice from a friendly Newcastle Financial Adviser.  

You’ll only be charged if you decide to implement the advice – and you can select the follow-up services that suit you best. You can choose from different ways to cover your fees meaning your ongoing support, costs and how you pay them are the right fit for you. 

Explore

Meet your friendly financial adviser to discuss your financial situation and goals. Your adviser will outline the services available, explain how they can help and the next steps. Then you decide if you want to progress.

Review

Your dedicated financial adviser will complete extensive research to create your personalised financial plan. They will present you with a range of options to help meet your needs and achieve your ambitions.

You decide

Working together with your adviser, you agree on an option that suits your circumstances, fulfils your requirements and meets your aims and aspirations. There’s no fee if you choose to walk away at this point.

Only pay if you implement the advice

If you want to go ahead with the initial advice, your adviser will agree the recommendations and explain the costs involved. It’s important to regularly review these arrangements. So, you’ll also need to decide on the level of ongoing financial advice service you receive in future.

Choose the ongoing service that’s right for you

It’s vital you review your financial plan and the performance of your products to make sure they continue to meet your changing needs and deliver the outcomes you want. You’re in complete control of whether you choose to do this and how often, with three options to choose from. 


Service charge How the fee is paid Example fee calculation 
Continuous advice with a review every year 0.9% each year of the total amount invested. Deducted monthly from your investment. If you invested £60,000, your yearly service charge would be £540. 
Continuous advice with a review every other year  0.7% each year of the total amount invested. Deducted monthly from your investment.If you invested £60,000, your yearly service charge would be £420. 
Advice on demand Explore our menu of services Deducted from your existing investments or paid directly to Openwork Ltd. An estimation of the work involved and the cost will be provided before work begins. 

View the Menu of fees and charges (.pdf, 59KB)

How you can choose to pay

Whether you decide to pay a percentage of the amount you invest or an hourly rate (see Menu of fees and charges), you can pay for your fees either by:  

  1. Deducting them from the amount you invest in the recommended product – this means the money you invest will be reduced by your fee amount.
  2. Paying them directly to Openwork Ltd. (you can learn more about Openwork on our 'Who are Openwork?' page) – this means you’ll pay a fee in addition to the money you invest (so your investment will not be reduced by the fee amount). 
Newcastle Financial Adviser, David Simpson

Meet the team

Get to know our friendly team of financial advisers.

Approved by The Openwork Partnership on 30/01/2024

Ready to arrange an appointment?

Take your first step towards tailored financial advice.

Arrange an appointment

Or just give Newcastle Financial Advisers a call

Speak to the Newcastle Financial Advisers team on

0345 600 4330

Lines are open every weekday between 9am and 5pm

Newcastle Building Society introduces to Newcastle Financial Advisers Limited for advice on Investments, Pensions, Life and Protection Insurance and Inheritance Tax Planning. Newcastle Financial Advisers Limited is an appointed representative of The Openwork Partnership which is a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.