If you require remuneration, you will need to produce an invoice addressed to Suffolk Life that shows:

• the invoice number
• the invoice date
• the plan number the invoice relates to
• a brief description of what the invoice is for. Please state whether it is for an initial fee or an annual fee
• and show the calculation used to arrive at the invoice figure if it’s for an annual fee
• who the payment cheque should be made payable to, or bank details if a BACS settlement is required
• the address of where the cheque should be sent

For your convenience you can use this template when submitting an invoice to Suffolk Life in respect of either initial or annual fees – please print on headed paper, ensuring the correct VAT is calculated depending on your circumstances.

On receipt of your invoice we will check that we have the correct authority from the investor to pay it, and, if it is for an annual fee, that the calculations are right.

If we have the correct authority from the investor, and the account has sufficient funds, the invoice will normally be settled within 10 working days.

Invoices can be sent by post or email, and you should confirm with your accountant whether each invoice you send is subject to VAT - we cannot advise you on this matter.