Our current products

The following products are currently available. Please click on the drop-down arrow of each product for a short product overview and to access the product literature, including the plan brochure, plan application pack and other important documents and information. If you have any questions or if we can assist in any way, please contact us.

PRODUCT SUITE SUMMARY – OCTOBER 2018:
CLICK HERE

 

IMPORTANT DATES FOR CURRENT TRANCHE: ALL PLANS
DEADLINE FOR ISA TRANSFERS > 05 OCT 2018 12 OCT 2018 < DEADLINE FOR APPLICATIONS BY CHEQUE
DEADLINE FOR ALL OTHER APPLICATIONS > 19 OCT 2018 26 OCT 2018 < START DATE FOR THE PLANS 

 

Kick-Out Products

Plan name Issuer Market Link Term
LONG KICK-OUT PLAN OCT 2018: OPTION 1 SG ISSUER FTSE 100 FDEW 10Y  
LONG KICK-OUT PLAN OCT 2018: OPTION 2 SG ISSUER FTSE 100 FDEW 10Y  
LONG KICK-OUT PLAN OCT 2018: OPTION 3 SG ISSUER FTSE 100 FDEW 10Y  

Growth products

Plan name Issuer Market Link Term
LONG GROWTH ACCELERATOR PLAN OCT 2018: OPTION 1 SG ISSUER FTSE 100 FDEW 10Y  
LONG GROWTH ACCELERATOR PLAN OCT 2018: OPTION 2 SG ISSUER FTSE 100 FDEW 10Y  

Income products

Plan name Issuer Market Link Term
LONG INCOME PLAN OCT 2018 MORGAN STANLEY B.V. FTSE 100 10Y  
LONG INCOME BUILDER PLAN OCT 2018 MORGAN STANLEY B.V. FTSE 100 10Y  

DEPOSIT PRODUCTS

Plan name Issuer Market Link Term
NO DEPOSIT PRODUCTS AVAILABLE  

TERMS AND CONDITIONS OF USE FOR THE CURRENT PRODUCTS AREA OF OUR WEBSITE

IMPORTANT INFORMATION REGARDING THE RISKS OF OUR STRUCTURED PRODUCT PLANS

As with all forms of investment, there are risks involved with structured products, including those within our website, which are not suitable for everyone.

Our structured product plans do not guarantee to repay the amounts invested. The potential returns of our plans, and repaying any money invested, are usually linked to the level of a stock market and also depend on the financial stability of the issuer /  counterparty bank(s).

In addition to accepting the general Terms and Conditions of use of our website, we also require Professional Advisers to accept the Terms and Conditions of use of the current products area of our website. These highlight the key and general risks of our products, in addition to explaining important information for Professional Advisers who wish to access the current products area of our website and who may use our structured product plans with their clients.

ALL OF OUR STRUCTURED PRODUCT PLANS ARE DESIGNED FOR PROFESSIONALLY ADVISED INVESTORS, WHO ARE CLIENTS OF AUTHORISED AND REGULATED INVESTMENT FIRMS, WHO ARE INVESTING AS PART OF A BALANCED AND DIVERSIFIED PORTFOLIO

You should access and read the relevant plan documents relating to any structured product plan of interest, in particular: the plan brochure; plan application pack, including, the terms and conditions of the plan; and the issuer’s key information document (KID), securities prospectus and final terms sheet, before making a recommendation to your clients. Copies of the relevant plan documents may be requested from us.

It is important that investors read and understand the plan documents explaining the features and risks of any plan and agree to the terms and conditions before investing. If there is any feature, risk or term that your clients do not understand or do not agree to, they should discuss this with you before investing in the plan.

Professional Advisers should not invest in, or advise their clients to invest in, our structured product plans unless they and their clients understand them, in particular the relevant risks. Our structured product plans should only be considered by professionally advised clients who understand and accept the risks of losing some or all of any money invested.

Applications to invest in our structured product plans will not be accepted if an authorised and regulated investment firm has not assessed suitability for the investor’s personal circumstances.

THE KEY RISKS OF OUR STRUCTURED PRODUCT PLANS

All investments carry risk. It is identifying those risks, understanding how they may affect an investment and assessing whether an investment is suitable for an investor’s individual circumstances that is important. The key risks of our structured product plans are explained below.

Issuer / Counterparty bank(s) risk: Our structured product plans usually depend on the issuer/ counterparty bank(s) not becoming insolvent, or similar, or failing to meet their obligations (for example, not making any payments due to investors). If the issuer / counterparty bank(s) becomes insolvent, through bankruptcy, or similar, or fails to be able to meet its obligations, it is likely that investors will receive back significantly less than they invested. In the worst-case scenario of an issuer / counterparty bank(s) failure and a zero subsequent recovery rate for creditors, total loss of capital is possible.

Market risk: As well as the issuer / counterparty bank(s) risk, the potential returns, and repaying of any money invested, of our structured product plans also usually depend on the level of a stock market index (or indices) that the plan is linked to. If the level of the stock market index is below the level required to generate returns, for certain plans, there will be no return. In addition, if the stock market index closes below the defined barrier level of any protection provided by the plan at the end date, investors will receive back less than they invested, with the money invested usually reduced on a 1% for 1% basis, in line with the fall in the market index. For example, a 45% fall would result in a 45% loss and a 65% fall would result in a 65% loss.

Operational risk: In addition to issuer / counterparty bank(s) risk and market risk, a third key risk for investors in structured product plans is the risk of the plan manager and / or their administration and custody arrangements failing. This can cause financial losses for investors and lack of support and service for both Professional Advisers and investors.

Financial Services Compensation Scheme protection: It is important to understand that in the event of issuer / counterparty bank(s) insolvency / failure to meet their obligations, or if the stock market index falls, investors in structured product plans will not normally have recourse, on the basis of these reasons alone, to the Financial Services Compensation Scheme (FSCS).

OTHER RISKS OF OUR STRUCTURED PRODUCT PLANS

As well as the key risks of our structured product plans Professional Advisers and investors should also be aware of and consider the following points and risks:

It is possible that no returns will be generated: Depending on the features of specific structured product plans, certain plans may not generate a return if the stock market index they are linked to is below the level needed for returns to be generated.

Higher returns may be achievable via other investments: Depending on the features of specific structured product plans, certain plans may offer fixed returns or defined participation in stock market performance. It is possible that the stock market index and / or other types of investment will increase in value more than the level of fixed return or participation rate offered by the structured product plan.

Dividends are usually excluded in the calculation of indices (known as price return indices) or may be accounted for differently by index providers: Dividends that companies may pay are not guaranteed, however they can be an important part of the total return that investors in the stock market or mutual funds investing in these companies may benefit from. Dividends may increase stock market returns in a rising market and provide some return in a falling market, that can offset some capital losses. Dividends are usually excluded in the calculation of price return indices, such as the FTSE 100. Some indices use alternative methodology to the price return to account for dividends, such as applying a fixed dividend or discounting the level of the total return, including dividends, by a fixed amount. The returns from a structured product plan linked to such an index will be different and might be higher or lower than the return that might be received from an investment in a similar product linked to the price return index, with dividends excluded.

The stock market index a structured product plan is linked to may suffer disruption or discontinuation: In exceptional circumstances, the calculation and publication of the stock market index a structured product plan is linked to could be delayed, disrupted or even discontinued. If this happens, the issuer will usually decide how to work out the performance of the securities that they have issued that the plan is based upon and make other arrangements, if necessary and possible. There is a risk that this may delay or affect the value of any affected structured product plans and any payments due.

Cancellation instructions: If an investor decides to cancel an application and their cancellation notice is received before the start date of a structured product plan but after the end of their cancellation period, this will be treated as an instruction to cash in the structured product plan. While cashing in is possible during the investment term, this may result in an investor getting back less than they invested. The value of a structured product plan during the investment term depends on a number of factors, including the level of the index and interest rates. Further, while cashing in a structured product plan is possible during the investment term, this is not guaranteed. Exceptional circumstances may prevent it being possible. These circumstances include, but are not limited to, significant events related to the stock market, or if the Plan Administrator cannot arrange the withdrawal or cashing in with the Issuer. For these reasons, while access to money invested in a structured product plan is expected to be possible during the investment term and may not necessarily result in a loss, investors should be prepared and able to stay invested in a structured product plan until the end date. If an investor decides to cancel their application and their cancellation notice is received after the start date of a structured product plan, they will receive the market value of the structured product plan on the date the Plan Administrator completes their cancellation instruction. This may be less than was invested, if the value of the structured product plan has fallen.

Withdrawals from and / or cashing in structured product plans during the investment term may result in losses: Partial withdrawals from or cashing in an investment in our structured product plans are possible during the investment term. However, if an investor wants to make a partial withdrawal or cash in their investment in a plan before the end date, they may get back less than they invested, as repaying the money invested in full may depend upon the specific features of the plan and / or only apply at the end date, as described in the plan documents. The value of a structured product plan during the investment term depends on a number of factors, including the level of the stock market index the plan is linked to, the dividends paid by companies included in the index and interest rates.

Withdrawals from and cashing in our structured product plans is not guaranteed: While withdrawals from and cashing in investments in our structured product plans is possible during the investment term, this is not guaranteed. Exceptional circumstances may prevent it being possible. These circumstances include, but are not limited to, significant events related to the stock market the plan is linked to, or if the plan administrator cannot arrange the withdrawal or cashing in with the issuer. For these reasons, while access to money invested in our plans is expected to be possible during the investment term, and it may not necessarily result in a loss, investors should be prepared and able to stay invested in our plans until the end date.

Tax law can change: Tax law could change during the investment term of a structured product plan. As a result, the tax treatment of any investment in a plan could also change at any time.

Inflation may reduce the value of money invested and any returns: Inflation may reduce the value of any money invested in a structured product plan and any returns paid to investors in the future.

Past performance cannot be relied upon as a guide to future performance. Past performance is not a reliable indicator of or guide to future performance and should not be relied upon, particularly in isolation. Any references to past performance of the stock market a plan links to provide no guide to future performance.

The value of our structured product plans can go down as well as up: Investors in our plans may get back less than their initial investment.

ALL OF OUR STRUCTURED PRODUCT PLANS HAVE CAREFULLY IDENTIFIED AND DEFINED TARGET MARKETS:

THERE ARE REGULATORY RESPONSIBILITIES UPON PROFESSIONAL ADVISERS TO UNDERSTAND THE IDENTIFIED TARGET MARKETS AND TO ENSURE THAT END-INVESTORS ARE WITHIN THE TARGET MARKETS

Professional Advisers should be aware of their regulatory responsibilities to understand the identified target markets for our plans and take appropriate steps to ensure that end-investors are within the target market, with specific attention paid to: i) The type of investors to whom the product is targeted; ii) The knowledge and experience of investors; iii) The financial situation of investors, with a focus on their ability to bear losses; iv) The risk tolerance and compatibility of the risk / reward profile of any plan with the target market; v) The investor’s objectives and needs.

The plan documentation for all of our structured product plans clearly details the specific target market for each plan.

PROFESSIONAL ADVISER INFORMATION PACKS

In addition to the plan documentation, all of our structured product plans are accompanied by a professional adviser information pack, to help Professional Advisers understand the background to the design and development of the plan, including the identified target market, and the stress testing that we undertake (including back-testing, forward modelling and value-for-money assessments), to aid their due diligence and assessment of suitability for clients.

ADDITIONAL RESOURCES AND SUPPORT FOR PROFESSIONAL ADVISERS WHO USE OUR STRUCTURED PRODUCT PLANS

We provide various resources to support Professional Advisers using our structured product plans, including our Issuer & Counterparty Scorecards and our Professional Adviser Academy.

OUR ISSUER & COUNTERPARTY SCORECARDS: ‘TICS’

Issuer and counterparty bank risk is the most fundamental risk of structured products. So, we think it’s straightforward - and important - to state the obvious: Professional Advisers (and investors) should seek to identify structured products backed by strong issuers and counterparties – in fact this is a regulatory requirement for Professional Advisers. We also think that providers should prompt Professional Advisers to carefully consider this critical aspect of structured products and support them in their research and due diligence.

We therefore publish our proprietary Issuer & Counterparty Scorecards (‘TICS’), to provide transparency with regard to our internal processes and to support Professional Advisers in their research and due diligence of issuer and counterparty financial strength.

It is important that Professional Advisers take the time to look at the background information that introduces our Scorecards, explains how to use them and details what they are - and what they are not.

OUR PROFESSIONAL ADVISER ACADEMY

As part of our aim to provide exceptional support for Professional Advisers using our structured product plans, our Academy offers an educational resource for advisers and support staff wanting to know more about structured products.

We are also happy to discuss and provide tailored educational input and training to firms / individual advisers, to meet specific interests and requirements.

PLAIN ENGLISH AND A FOCUS ON CLEAR, ENGAGING AND UNDERSTANDABLE PLAN LITERATURE

We are proud to be the first structured product firm to become a member of the Plain English Campaign. While important product points, including features and risks, sometimes require technical sounding explanations we have worked hard to 'de-jargon' our product literature (and to make sure our lawyers didn't re-jargon it)!
We have also tried to use good design principles, including clear page layouts, 'stand-out circles' and 'info icon points', to make our plan documentation engaging and easy to read and understand.

ACCEPTANCE OF THE TERMS AND CONDITIONS OF USE FOR THE CURRENT PRODUCTS AREA OF OUR WEBSITE

By accessing the current products area of our website you will be taken to have represented, warranted and undertaken that: (i) you are a Professional Adviser authorised and regulated to advise on investments; (ii) that you have read, agree to and will comply with the Terms and Conditions of use of our website, the Terms and Conditions of use for the current products section of our website and our Privacy & Cookies policy; (iii) you will conduct your own analysis or other verification of the data in this website and will bear the responsibility for all or any costs incurred in doing so; and (iv) that you are not accessing this website from any jurisdiction or country where such distribution, publication or use would be contrary to local law or regulation.

NOTHING ON OUR WEBSITE CONSTITUTES INVESTMENT OR ANY OTHER FORM OF ADVICE

No investment, legal, tax recommendation or advice of any type and no suggestion of suitability of any investment for any prospective investor is given or implied in our website.

The information in our website does not take account of the investment objectives, particular needs or financial situation of any client or potential client of any Professional Adviser.

Nothing in our structured product plan brochures or plan application packs provides investment, tax, legal or any other form of advice. Neither Tempo Structured Products nor any Alpha Real Capital group company provide advice on any structured plan or their suitability for any client or potential client of any Professional Adviser.