If you have an existing ISA (Individual Savings Account), PEP (personal
equity plan), OEIC (open ended investment) or a unit trust you will
benefit from joining our cash back loyalty service. The service is free
and there is no need to alter the investments you already hold.
No joining or processing fee
Cash back on your existing investments
ISA's, PEP's, OEICS & Unit trusts
Our loyalty cash back service
Our loyalty cash back service is designed for any investor who makes his or her own
investment decisions and who does not require any advice.
Our loyalty cash back service is free and provides you with a cash back payment of
50% of any ongoing fund based renewal commission that your investments pay.
Fund based commission is paid on most ISA’s, PEP’s, OEICS and unit trusts.
cash back application pack.
How it works
When you make an investment either directly or through a broker or financial adviser
most fund managers pay a trail or fund based renewal commission of up to 0.5% of the
value of your investment each year.
This fund based renewal commission is paid by the investment manager out of the total
charges applied to your fund and is paid for on an ongoing basis for as long as the
Even if you invest directly with the fund manager, by passing a broker or financial
adviser, the total fund charge is still the same; the investment manager simply
retains all of the charge and makes more profit.
We simply collect any fund based renewal commission from the investment managers and
distribute this to you on the 31st January each year for monies collected in the
previous calendar year. We will provide you with a statement of fund based commissions
received and give you 50% of the total collected.
Investments you can include
If your existing investment pays a fund based renewal commission it can be included in
our loyalty cash back service. Typically this will include
Unit Trusts and
certain investment bond funds including; distribution bonds, with profit bonds and property bonds.
How to join
The service is free and there is no need to alter your existing investments to benefit
from the service. You determine how your investments are included in the service, and
how you want to manage your investments. You can include regular monthly savings plans
as well as lump sum investments.
If you want to consolidate your investments into our fund supermarket we will arrange
for your existing investments to be transferred using our re registration service. This
is a simple no cost process using industry standard stock transfer. If your funds
cannot be re registered we will give you the option of a full transfer (this involves
the sale & repurchase of funds) or completing an agency transfer. Visit our
page for full details of the benefits of consolidating your existing
investments in our fund supermarket.
If we can cannot re register your investments within our fund supermarket or if you
prefer to continue to deal directly with the investment manager we give you the option
of completing an agency transfer. Agency transfer does not affect the status of your
investments nor does it affect the performance of your investments, completing an
agency transfer will simply redirect any commissions paid by the investment manager
No investment advice
Using our loyalty cash back service means you will not receive on going advice on your
investments. You will need to make your own decisions about how to manage your
investments. If you require advice on your investments with an individual recommendation,
private client IFA
team provide fee based independent investment advice.
No ongoing service
To provide you with the best possible discounts we will not provide you with any on
going service on your investments. Although we will be registered as the servicing
agent we are NOT acting as your financial advisers. You will need to deal directly
with the investment manager or use the online facilities available in our fund
supermarket for any future administration issues.
Discount direct service
Any new investments would also be eligible for our discount direct service. Our
discount direct service removes or reduces the initial charge for all new ISA, unit
trust and investment bond investments. Please visit our
for details of our discount direct service.
Additional cash back products
Our cash back loyalty service is also available for
If you are unsure if your plan or portfolio qualifies please call one of
our advisers with full details and we will see if we can include it in our cash back
To request your loyalty cash back pack
Complete our online loyalty cash back
or call one of our specialist investment advisers to request your cash back application
pack. As an internet based firm of
independent financial advisers
we provide advice over the telephone, via email and through the post. Dealing with you
in this way allows us to discount our commissions to provide you with the very best
Help & advice
There are many different options to consider when choosing an investment and it makes
sense to take advice from a qualified specialist who is independent and can offer you
products and services from the whole of the market place. Please call one of our
independent advisers or
to discuss the different options available to you and to request your investment quote.