lutea trustees
It’s All About Trust
SCHEDULE OF HOURLY RATES
May 2023
Our Schedule of hourly rates as at the date of this Engagement Letter is as follows:
Senior Directors/Consultants | £375 |
Directors | £350 |
Associates | £300 – £325 |
Trust Managers | £275 – £300 |
Assistant Trust Managers | £225 – £250 |
Client Accountants | £200 – £250 |
Senior Administrators | £180 – £200 |
Bookkeepers | £150 – £180 |
Administrators | £150 – £180 |
Junior Administrators | £100 – £120 |
Support Staff | £90 – £100 |
Our hourly charge out rates reflect the seniority, and experience, of the individuals undertaking the work. To comply with the codes of practice it may be necessary to have more than one-person review or sign off a piece of work in keeping with the 4 eyes and 6 eyes principles. This reflects the regulatory responsibility and risks that may be associated with the role and related tasks being undertaken. Time is charged in units, each unit representing 6 minutes, and 10 units equating to an hour of time.
We reserve the right to amend this Schedule of Rates on an annual basis as set out in the Terms of Business and we will notify you of the revised rates either by sending a revised Schedule to you by email or post or such other method of communication as we usually use with you.
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