Our Client Agreement, Managed Portfolio Service, Privacy Policy & Declarations
This pack sets out the services we provide, how we provide them, our charges, how we look after your data, and the acknowledgements we ask you to make before we act for you.
Our Client Agreement
This is our standard client agreement, often referred to as a Terms of Business, and includes the attached details of our Managed Portfolio Service. It explains and confirms the services you are being offered, the way we will carry them out, and an example of their cost.
Who we are
Independent Advice Ltd., which also trades as H.J. Scott & Co., is authorised and regulated by the Financial Conduct Authority (FCA) in the conduct of investment business. Our FCA registration number is 524535 — you can check our regulatory details on the FCA Register.
Our company
Independent Advice Ltd. is incorporated in the UK, company registration number 06759774. You can check our company details by visiting Companies House.
The Financial Conduct Authority does not regulate Financial Planning Advice or Taxation Advice where the advice contains no recommended investment element. Other areas of advice not covered by the Financial Services and Markets Act 2000 will be clearly identified and brought to your attention.
Do I need to take any action?
You should ask us to clarify anything that is not clear. If you are in agreement, we ask you to indicate your agreement at the end of this document. This agreement will stay in force until you or we end it, or until you or we ask to change it, giving seven days' notice in writing to that effect. We will keep a copy of this document on file — you may also save the agreement as a PDF or print it out if you require a hard copy.
Will you act in my best interest?
We will act honestly, fairly and professionally — known as conducting business in the "Client's best interest". If we become aware that our interests (or those of one of our other clients) conflict with your interests, we will inform you in writing and obtain your consent prior to proceeding with your instructions.
How will you communicate with me?
- We prefer our communications to be via email. We endeavour to reply to client emails within 48 hours.
- We will communicate with you in writing only if it is strictly necessary.
- We will use only the English language, both verbally and in any written correspondence.
- This agreement is governed by English law.
- Our office and telephone lines are open 8:30am to 4:30pm on weekdays, closing at 2:00pm on Fridays so our team can review the week and prepare for the next.
What comes next?
Unless otherwise agreed in writing, we will treat you as a Retail Client, which gives you the highest level of regulatory protection, including access to the Financial Services Compensation Scheme and the Financial Ombudsman Service for regulated products.
Can you describe your services?
Financial Planning Service
We start with a free, no-obligation meeting to understand your circumstances, existing plans and assets, investment knowledge and experience, and objectives. Our advice is based on the information you give us, so please tell us of any specific aims, such as using this year's ISA allowance.
We then set out in writing any recommendations that are suitable for you. Where a new product is needed, we arrange it through our Financial Advice Service.
Financial Advice Service
We are independent and advise from the whole market on savings and investments, pensions and life policies (including annuities), and we have a long-term care fees planning specialist. We give appropriate risk warnings with every recommendation.
We may decline to give one-off advice where it would not be commercially viable, and will point you to suitable directory services. Where we recommend a long-term investment plan, we also provide our Managed Portfolio Service.
Managed Portfolio Service
We act with full discretion, without referring to you, provided each transaction fits your investment objectives and risk appetite.
Investments are registered in your name unless you instruct us otherwise in writing; some may be held by a nominee for ease of administration, with you remaining the beneficial owner. Full terms are in Part 2.
What services do you not offer?
We are not authorised to offer advice in the following areas
- Non-investment life insurance
- General Insurance (car, household etc.)
- Mortgages
- Lifetime mortgages (equity release)
- Debt consolidation
- Occupational pension transfers
- Crypto-currencies
We prefer to decline business opportunities in the following areas
- Organising personal share purchases and sales
- Advising on property purchases held within a SIPP
- Employer sponsored group pension schemes
- SSAS's
- Venture Capital Trusts and Enterprise Investment Trusts
Is your service ongoing?
Yes. Our Financial Planning Service and our Managed Portfolio Service are ongoing. Included in your single monthly fee:
- We will contact you annually to suggest that we arrange a financial review meeting at our offices.
- Alternatively you can request an on-line or telephone review. Where a client has additional needs (such as limited mobility) we will agree to conduct the annual reviews at your chosen location.
- You will receive a valuation of your investments quarterly.
- You will also be offered on-line access, which allows 24/7 valuations.
- You will benefit from the dedicated service of a small, experienced, family-based team. We keep it personal.
- You will receive prompt replies to your email and telephone enquiries.
- We will liaise with your other professional advisers where required.
- We will invite you to receive our in-house blogs.
- We keep you informed of any legislative changes that may affect you, along with regulatory changes, investment market and global economic developments.
If however our advice does not include the recommendation of a financial product, or a financial product that does not include any investment element, there will be no ongoing client reviews and no ongoing fees.
What is discussed at a financial review meeting?
We check that the information we hold is still correct: your personal details, income and expenditure, assets and liabilities, investments, savings and pensions, your Will and Lasting Powers of Attorney, your attitude to risk and capacity for loss, and your objectives. We also review past performance, our outlook, and any changes in legislation that may affect you, and answer your questions.
How much might your services cost?
Not all firms charge for advice in the same way. We will answer any questions you have and we will not charge you anything until you have agreed how we are paid.
What is your hourly rate?
We do not charge by the hour; instead we will always agree how much our fee will be before beginning work.
Are there any other costs and charges to consider?
We do not hold your savings ourselves: they are held on our chosen platform, Transact, which charges for safeguarding, custody, settlement and reporting. Its annual charge is 0.26% on the first £600,000 and reduces above that, and family portfolios can be linked to reach the lower rates. Clients without an adviser pay 0.15% more.
Funds carry their own annual management fees (even a low-cost FTSE 100 tracker costs around 0.2% a year, every year). We avoid this by investing directly in shares and fixed-interest investments, which carry no annual management fee.
One-Off, Non-Investment Advice Fees
We do not tend to offer a one-off advice service to individuals. We prefer to build long-term relationships with our clients. Our fee for new customers who simply require ad-hoc Financial Advice in connection with an existing plan, pension scheme or the purchase of an annuity will be discussed and agreed at our meeting, and fixed at outset once we fully understand your requirements. We reserve the right not to offer one-off non-investment advice.
Our Simple Fee Structure
Nobody likes complex fee structures, so ours is refreshingly simple.
First Meeting Fee
A first meeting is always free — we cover the cost of this meeting. We do tend to only meet with individuals referred to us by happy clients.
Annual Fee for our combined services
Our combined fee (Financial Planning & Managed Portfolio Service) is levied monthly, charged at the rate of 1/12 of 1% per month based on the ongoing value of your managed portfolio. There are no further hidden fees for our clients — we are happy to give any amount of financial planning advice within our monthly charge.
External fund managers charge an annual management fee, which includes trading costs; these are deducted from your account as a transaction cost. Equity (share) ownership costs are explained below.
A personalised illustration of any initial and ongoing charges is set out in Part 4.
Do I have to settle your fees by cheque or bank transfer?
No. All our annual fees, and some initial fees, can be deducted directly from your tax-wrappers (plans). However, we usually request direct payment by cheque or bank transfer for our advice fees when a new non-pension investment is recommended. Your cheque should be made payable to "Independent Advice Ltd." for our fees. Our bank details will be supplied upon request.
Will your fees be subject to VAT?
We are a supplier of an exempt intermediary service for VAT purposes. VAT legislation is complex and subject to change. We will inform you if VAT becomes chargeable.
Will my investment cheques and investment bank transfers be made payable to you?
No. Independent Advice Ltd. does not hold client money: our regulatory permissions state we "may control but not hold client money & assets". We only accept a cheque or transfer made out to us in settlement of an invoice for our charges or disbursements, and we do not handle cash. You pay all investment amounts directly to the investment provider.
Equity (Share) Ownership Costs
Buying or selling shares incurs some small costs:
- Brokerage: currently £3.75 per trade. We usually trade for around 100 clients at once and share the fee between them, so the cost to each client is typically a few pence.
- PTM levy: a £1 levy on London-listed share trades over £10,000. Not charged on overseas shares.
- Stamp Duty Reserve Tax: 0.5% on purchases of shares on the London Stock Exchange's main market. Not charged on overseas or AIM shares.
On a typical £450,000 Moderate portfolio across a very active period (late 2021 to 2022), these costs averaged around 0.05% a year (about £223).
Do you only advise on regulated products?
No. A further menu is available on request that details our charges for wills, trusts and lasting powers of attorney.
If I invest, can I change my mind?
We will inform you of your statutory right to cancel. The Distance Marketing Directive normally grants you 30 days in which you may cancel a life or pension contract. However, there will be occasions where no statutory rights are granted — if this happens, it will be explained before any contract is concluded.
How do I take withdrawals, or indeed all of my investment back?
You simply instruct us to return to your bank account any amount you wish. We always understand these are your life savings. We have never charged clients to take withdrawals, or their full investment balance back, and never will — unfortunately this principle is remarkably rare in our profession.
What do I do if I am unhappy?
You should contact us straight away. If you wish to register a complaint, please write to the compliance officer at Independent Advice Ltd., Suite C, Futura One, Futura Business Park, Aspinall Way, Middlebrook, Bolton, BL6 6PG, or telephone (01204) 559696. If we cannot settle your complaint, you may be entitled to refer it to the Financial Ombudsman Service, whose details we will provide. If however you have a compliment to make, perhaps about a helpful member of the team, we would be more than happy to hear from you.
What if you cannot compensate me?
We contribute to the funds of the Financial Services Compensation Scheme. You may be entitled to compensation from this scheme if Independent Advice Ltd. ceases to trade and, as a result of our advice, you have suffered a financial loss. The amount of compensation depends on the type of business and the circumstances of the claim — most types of investment business are covered for 100% of the first £85,000. Further information is available on request, or directly from the FSCS at www.fscs.org.uk.
Will you look after my personal data?
Yes. We use your personal information only to provide our services, carry out fraud and money laundering checks, and meet our legal and regulatory obligations, in line with UK data protection law. Our Privacy Policy (Part 3) explains what we hold, who we share it with and your rights. No system connected to the internet can be entirely secure, so we cannot accept responsibility for a breach of security unless we have been negligent.
Account Opening
Money laundering regulations require us to verify the identity, nationality, residency and tax residency of every applicant, and the source of their wealth and of the funds invested, and all account opening formalities must be completed. You confirm that no money or assets you invest are the proceeds of illegal activity in the United Kingdom or any other jurisdiction. We may exchange information with third parties at any time to verify your identity and to detect or prevent fraud or other illegal activity.
↑ Back to topOur Managed Portfolio Service
Our Managed Portfolio Service shall commence as at the date that your signed Investment Application Form is received and accepted by us and the recommended platform receives cleared funds. Your opening an account with us will be confirmation of your agreement to these terms. Except in the case of joint accounts, you alone, as the party in whose name an account has been opened, will be treated as our client.
We will, subject to your investment objectives and the level of risk you are prepared to accept, have absolute discretion to construct our managed portfolios, which reflect our investment process, views and theoretical portfolio construction, to fulfil various investment objectives. The recommended platform will be responsible for carrying out the purchases and sales based on our managed portfolio instructions.
The managed portfolio will consist of investments that are eligible to be held in the individual tax-wrappers. These managed portfolios may include, but are not limited to:
- Shares in British or foreign quoted companies.
- Debenture stock; loan stock; bonds; certificates of deposit; commercial paper; or other debt instruments, including government, public agency, municipal and corporate issues.
- Unit trusts, mutual funds and similar collective investment schemes in the United Kingdom or elsewhere.
Important: Investment Returns and Risk
The value of your investments, and any income from them, can fall as well as rise, and you may get back less than you invested.
- Past performance is not a guide to future performance.
- Changes in exchange rates can affect both the income from and the capital value of overseas investments.
- Each portfolio we manage follows an agreed risk-rated asset allocation for that client. An investment suitable for one portfolio is not necessarily suitable for another.
- Some investments carry a higher degree of risk and are unsuitable for some investors, and with certain investments it is possible to lose all of your capital.
Investment Approach
Each managed portfolio model is constructed to meet a variety of investment objectives and risk profiles. The actual investments acquired and the proportions held will be derived from these models, meaning that clients with the same investment objectives and acceptance of risk will generally hold the same investments in the same proportions. Variance in proportions will naturally occur due to timing issues and daily movements in prices. The managed portfolio(s) recommended and agreed by you should deliver the required investment objectives within the correct level of risk.
When you place new money into our managed portfolio service, purchases of investments will be undertaken to bring the portfolio into line with the model. Occasionally, shortly afterwards, our research and screening process may register that an investment should be removed from the model — consequently, a recently acquired investment may be sold.
Investment Objectives and Risk Parameters
Risk and performance will be considered on the basis of the managed portfolio as a whole, and not each individual investment held within it.
Ecology, Social & Governance
Where possible, our investment selection will usually filter out those companies which wilfully damage the planet. However, our investment selection is unconstrained — if you require a dedicated ESG portfolio, you should find an alternative service.
Restrictions on Types of Investment
This service does not provide for you to be able to state restrictions on what or where the assets are invested. If you wish to do so, you should find an alternative service.
Changes to Information Given
You must tell us about any change to the information you have given us in connection with this service, or any change in your personal circumstances, requirements or investment preferences, as soon as possible. Unless we know about such changes, we cannot ensure that the managed portfolio chosen remains suitable for you.
Application of these Terms
These terms will apply to each portfolio making use of our investment management service, either by you or on your behalf by a third party, or in relation to which you have a material direct or indirect interest. These terms will also apply to and be binding on any person exercising any power of appointment or delegated power (including without limitation the exercise of any discretion, permission or consent) delegated by you.
Benchmarks
Any performance level or benchmark which we may use as a measure of performance in relation to any particular portfolio is set only as an illustration or non-binding indication of our performance, and is not a representation or warranty that the performance level or benchmark selected will be achieved.
Execution, Aggregation and Settlement
We give the recommended platform details of any changes we believe appropriate to your portfolio, by way of changes to our managed models, and it carries out the transactions on your behalf. Rebalancing takes place at our discretion in the same way when money is added or withdrawn. The platform holds all securities and cash, may aggregate your orders with those of other clients, and settles transactions, each as set out in its own terms.
Reporting
As discretionary manager we ensure you receive periodic statements, including valuations and transaction reports, normally quarterly. The recommended platform provides these on our behalf. Any performance comparison shown will not be like-for-like if you joined, added or withdrew money during the period, and comparison measures carry no fees or charges.
Our Charges
Our charges are set out in Part 1, under "How much might your services cost?".
Joint Accounts
We may open a joint account, including partnership accounts, in which you may participate with others. Unless we receive written instructions specifically to the contrary, we shall be entitled to act in accordance with the instructions of any one such person without incurring any liability to any other such person. We reserve the right to request the signature of all joint account holders where we, at our absolute discretion, believe this action to be appropriate. We accept no responsibility for any delays that may occur as a result of taking such action.
If you are a participant in a joint account, your liability to us shall be joint and several. In the event of death, bankruptcy, winding up or dissolution of any one or more of such persons, the obligations and rights of all other such persons shall continue in full force and effect.
Upon the death of one party to a joint account, we will continue to provide the service under the existing criteria until alternative instructions are provided, regardless of whether the assets are held as Tenants in Common or as Joint Tenants.
Delegation
We may, at our discretion, delegate all or any of our functions hereunder to a company or other person connected to us (an "Associate"). We may also employ third parties (including Associates) to perform any administrative and ancillary services required to enable us to perform our services under these terms. Where we delegate any function to an Associate, we will be fully responsible to you for all their acts and omissions as if they were our own. We will act in good faith and with due diligence in our choice and use of any delegate or agent.
Limit on our Liability
Neither we nor any person connected with us owes any duty to disclose to you any fact, matter or thing which comes to our notice, or the notice of any employee, director or agent of ours, in the course of rendering similar service to others, or where such disclosure would be a breach of confidence or duty to any other person.
We will not be liable for any loss, liability or cost suffered or incurred by you as a result of our providing services to you, unless it is caused by our own negligence, wilful default or fraud committed while acting on your instructions, or any breach of any obligation we owe to you under the regulatory system. In such cases, our liability shall be limited to the replacement of securities or monies (including interest) lost or foregone as an immediate result of our action or failure to act.
Neither we nor any third party who acts on our behalf in providing a service to you will be liable to you for any consequential, indirect, special, incidental, punitive or exemplary loss, liability or cost which you may suffer or incur arising out of our or its or their acts or omissions, howsoever caused and regardless of whether it was foreseeable — including loss arising from your not being able to sell or purchase investments where prices are moving, or from your not being able to complete another transaction, and any other loss of business, profits, goodwill or data.
We will not be liable to you for our failure to perform any obligation or discharge any duty owed to you under these terms if the failure results from any cause beyond our control, including breakdown or failure of transmission or communication or computer facilities, postal or other strikes or similar industrial action, or the failure of any relevant exchange, clearing house or financial advising platform operator and/or broker to perform its obligations.
Non-Reliance
These terms, together with such other associated terms and conditions as we may enter into with you, form the entire agreement between us. You acknowledge that you have not relied on any representation, warranty or other assurance (except as set out in these terms or such other associated terms and conditions), whether oral, written, express or implied.
Mortality (Individuals)
Your death will not terminate any outstanding obligations under these terms or any agreement, arrangement or understanding between us. These terms shall be binding on your executors, successors and assigns as appropriate. Except for joint accounts, upon notification of your death our Managed Portfolio Service and the discretionary management of your portfolio will cease; your assets will continue to be held by the recommended platform until Probate is acquired.
↑ Back to topOur Privacy Policy
This privacy notice applies to Independent Advice Ltd., which also trades as H.J. Scott & Co. ("we", "our", "us" or "Independent Advice"), of Suite C, Futura One, Aspinall Way, Middlebrook, Bolton, BL6 6PG. We are the "data controller" for the personal information described in this notice, and are authorised and regulated by the Financial Conduct Authority as a discretionary investment manager, and registered with the Information Commissioner's Office (ICO), registration number Z2414677.
Please read this notice together with any other privacy notice we may provide on specific occasions when we are collecting or processing personal information about you, so that you are aware of how and why we are using it.
How we will use your information
In general terms, we collect and use personal information about you to:
- deliver our services and meet our legal responsibilities;
- verify your identity where this is required;
- contact you by post, email or telephone about important changes to our services;
- maintain our records;
- process financial transactions; and
- prevent and detect crime, fraud or corruption.
At the time you provide us with any information in response to a request from us, that request will explain how we will use it. We may contact you by email, phone, fax or post for the purposes set out above; by providing this information you are deemed to have agreed to us contacting you by these methods, and we will continue to do so until you advise us in writing otherwise. You are asked to accept at least one method of receiving communication from us. We will not pass your details to anyone else other than as set out below.
The personal information we collect and use
This includes:
- your personal contact details (such as name, date of birth and email/postal address);
- documentation confirming your identity, tax residency and legal authority;
- information connected to the product or services you use (for example, bank account details);
- information you provide about other people (for example, for joint applicants or beneficiaries for products or services);
- your correspondence with us (such as letters, emails, calls or meetings);
- images of you submitted by yourself; and
- information relating to your health, marital or civil partnership status — only where necessary to provide the product or service you have requested, or where required to comply with our legal obligations.
Most of this information is provided directly by you, whether in person, by phone, by email, or through our client forms. This information is necessary to enable us to provide our services to you; if you do not wish for your personal information to be processed, we will be unable to provide you with our services.
Sharing your information
We will not transfer, disclose, sell, distribute or lease your personal information to third parties other than:
- where we have your permission;
- where we are required to do so by law;
- where it is needed by our recommended product provider or our service providers, involved in running accounts and services for you or in undertaking activities linked to the operation of such services or accounts on our behalf; or
- where the transfer or disclosure would otherwise be in compliance with legal requirements we are subject to, including but not limited to statute or regulation.
Our current recommended product provider is:
- Transact (Integrated Financial Arrangements Ltd) — our investment platform, which holds and administers your account. Transact is itself an independent data controller for the data it holds about you, and provides its own privacy notice when you apply for an investment through the platform.
We also use carefully selected service providers to run our systems. Except where noted, they act only on our instructions, under contracts that require them to keep your information secure and confidential, and may not use it for their own purposes:
- UK2.net (UK-2 Limited) — our email and domain provider.
- Hetzner (Hetzner Online GmbH) — hosts the secure server on which our website and client records are held.
- Veriphy (Veriphy Ltd, part of Davies Group) — our electronic identity verification provider, used to meet our anti-money-laundering obligations. For the checks it carries out, Veriphy is an independent data controller and provides its own privacy notice at the point of verification.
- DocuSign — used when you sign your client agreement and Transact application forms electronically.
We may also share information with our professional advisers (for example our accountants, auditors and compliance consultants), and with regulators and law enforcement (including the FCA and HMRC) where we are legally required to.
Your information is held in the UK and in the European Economic Area. Our email, and the records held by Transact and Veriphy, are held in the UK. Since October 2026 our website and client records have been held on our own secure server in Germany, and documents you sign electronically through DocuSign are held in its European Union service. Both are within the European Economic Area, which the UK recognises as providing an adequate level of data protection. We do not transfer your personal information outside the UK or European Economic Area. If this changes, we will only do so where the country concerned provides an adequate level of protection, or where an appropriate safeguard is in place.
Reasons and legal basis for processing your information
The reason and legal basis we rely on for using your personal information depends on the circumstances:
| Reason for processing your personal information | Legal basis |
|---|---|
| Making a decision to engage with you as a client, and making decisions about your continued status as a client, including arrangements for termination of our contract if appropriate | To enter or carry out the contract (our terms and conditions) |
| Contacting you; administering our contract with you and exercising our rights; ensuring compliance with our terms and conditions; processing payments and deducting fees | To enter or carry out the contract (our terms and conditions) |
| Verifying your identity, tax residency and legal authority (client identification and anti-money-laundering checks) | To comply with our legal obligations |
| Business management and planning, including accounting or auditing; making improvements to our services; monitoring your use of our IT and communications systems | Legitimate interests |
| Processing information relating to health, marital or civil partnership status, where necessary to provide the product or service requested | Legitimate interests, or explicit consent where required |
| Letting you know about our other products and services | Legitimate interests, or consent where required |
We do not use your personal information for any purpose that is incompatible with the purposes set out above without telling you first.
How long we keep your information
We keep client records for as long as they may be needed, which in practice means we retain them indefinitely. Many of our client relationships continue over many years and across generations of a family, and the time limits for raising a complaint about financial advice run from when a client first becomes aware of a problem, which can be many years after the advice was given. Keeping records allows us to respond fully to any question, complaint or claim, whenever it arises, and to meet our regulatory record-keeping obligations, including those relating to pensions.
Records we hold are kept securely in line with this notice, and you may still exercise your rights over them, as set out below.
Cookies
When you visit our website or use our other online services, we may automatically collect information about your usage of our websites and online services using cookies. To find out more about how we use cookies, please see our cookie policy.
Your rights
Access to your information — you have the right to request a copy of the personal information about you that we hold.
Correcting your information — we want to make sure that your personal information is accurate, complete and up to date, and you may ask us to correct any personal information about you that you believe does not meet these standards.
Deletion of your information — you have the right to ask us to delete personal information about you where:
- you consider that we no longer require the information for the purposes for which it was obtained;
- we are using that information with your consent and you have withdrawn your consent — see "Withdrawing consent" below;
- you have validly objected to our use of your personal information — see "Objecting to how we may use your information" below; or
- our use of your personal information is contrary to law or our other legal obligations.
Objecting to how we may use your information — you have the right at any time to require us to stop using your personal information for direct marketing purposes. Where we use your personal information to perform tasks carried out in the public interest, or on the basis of our or a third party's legitimate interests, we will stop using that information if you ask us to, unless there are overriding legitimate grounds to continue.
Restricting how we may use your information — in some cases, you may ask us to restrict how we use your personal information — for example, while we check the accuracy of information we hold, or assess the validity of an objection you have made. Where this right is exercised, we may only use the relevant personal information with your consent, for legal claims, or where there are other public interest grounds to do so.
Portability — where we process personal information you have provided to us on the basis of consent, or because it is necessary for the performance of a contract, and that processing is carried out by automated means, you have the right to have that information transmitted to you in a machine-readable format, and, where technically feasible, transmitted directly to another controller.
Automated processing — if we use your personal information on an automated basis to make decisions which significantly affect you, you have the right to ask that the decision be reviewed by an individual to whom you may make representations and contest the decision. This right applies only where we use your information with your consent or as part of a contractual relationship with you.
Withdrawing consent — where we use your personal information with your consent, you may withdraw that consent at any time, and we will stop using your personal information for the purpose(s) for which consent was given.
Please contact us in any of the ways set out below if you wish to exercise any of these rights.
Changes to our privacy policy
We keep this privacy policy under regular review and will place any updates on this website. Paper copies of the privacy policy may also be obtained on request.
This privacy policy was last updated on 23rd October 2026.
Complaints
We seek to resolve directly all complaints about how we handle personal information, but you also have the right to lodge a complaint with the Information Commissioner's Office:
- Online: ico.org.uk/global/contact-us/email
- By phone: 0303 123 1113
- By post: Information Commissioner's Office, Wycliffe House, Water Lane, Wilmslow, SK9 5AF
Contact information and further advice
All comments, queries and requests relating to our use of your information are welcomed and should be addressed to:
Charlotte Scott
Data Protection Officer
Independent Advice Ltd.
Suite C
Futura One
Aspinall Way
Middlebrook
Bolton
BL6 6PG
Alternatively, email Charlotte at charlotte@hjscott.co.uk.
↑ Back to topDeclarations & Estimated Charges
An Estimate of Your Charges
The figures below are calculated individually for each client at the point of signing, based on the amount invested. Your individual amounts are shown in the final column.
| Item | Basis | Amount |
|---|---|---|
| Investment amount used for the example calculation | The amount you are investing | |
| Independent Advice Ltd. — Initial Fee | 3% of the amount invested, on the first £500,000 per couple | |
| Independent Advice Ltd. — Monthly Fee | 1/12 of 1% per month of portfolio value | |
| Platform Fee (Transact) | 0.26% p.a. on the first £600,000, reducing above | |
| Monthly Fund Management Fee | n/a — direct share & fixed-interest investment | |
| Monthly Average Ownership Costs (holding shares) | ≈0.05% p.a. (indicative) | |
| Estimated Total Monthly Fees | Total of the monthly charges above |
Exact monetary figures for both the initial fee and the ongoing charges are calculated for your individual circumstances and presented to you as part of the signing process.
Your Declarations
By proceeding, you confirm that you have read and understood:
- the document entitled "Our Privacy Policy"
- the document entitled "Our Client Agreement"
- the document entitled "Our Managed Portfolio Services"
- the risk warnings in "Important: Investment Returns and Risk" (Part 2)
- the statement of the estimated fees due, and you acknowledge it
Declaration
I/We confirm that the information I/we have given is true and complete, and I/we agree to Independent Advice Ltd. acting for me/us on the terms set out in this agreement.