And how would sir like to pay?

Derek had £100,000 that he wanted to invest for the medium to long term and wisely consulted his professional adviser. Taking Derek's situation and requirements into account, the adviser recommended an offshore investment bond. Derek was happy to go along with this advice, but then consideration had to be given to the adviser's fees. Derek had already agreed the initial adviser charge would be £3,000 and he had also agreed to pay an ongoing adviser charge of £500 a year. Looking firstly at the £3,000 initial charge, perhaps the simplest way to deal with this would be for Derek to writ...