Distributor due diligence
As part of our approach to robust governance, we place significant emphasis on the governance of our distribution, i.e. the way that we engage with and support the professional advisers who use our products.
An important aspect of this is our distributor due diligence. We require this for all firms in all instances, as a condition of our Terms of Business. This operates at two levels: ‘adviser firm level’ and ‘individual adviser level’.
The adviser firm level questionnaire and information you provide will result in us either agreeing firmwide terms of business or, with your firm’s input and agreement, terms of business for identified individual advisers within your firm. If firmwide terms of business are agreed, it may not be necessary for individual advisers to complete the individual adviser level questionnaire.
Please note that the adviser firm level questionnaire also includes the details that we require in order to facilitate adviser fee payments to your firm.
Please select the appropriate level below:
|ADVISER FIRM LEVEL
||INDIVIDUAL ADVISER LEVEL
|We require all firms to complete ‘firm level’ distributor due diligence. Through this process, we agree either firmwide terms of business or terms of business for specific advisers.
||Where firmwide terms of business have not been agreed, we require individual advisers to complete the ‘individual level’ distributor due diligence.
Regardless of the regulatory requirement, we believe that distributor governance is best practice, for client-centric reasons and outcomes. The information that is provided not only helps fulfil mutual governance requirements, importantly it also contributes to our target market identification and product development processes.
If you require any assistance, please contact us.