Terms Conditions

REGULATORS STATEMENT

Those who advise on Life Assurance, Pensions or Unit Trust products are EITHER Independent Advisers OR representatives of one company.

Your adviser is independent and will act on your behalf in advising you on Life Assurance, Pensions or Unit Trust products. Because your adviser is independent he or she can advise you on the products of different companies.

TERMS OF BUSINESS

Baronworth (Investment Services) Limited of 370 Cranbrook Road, Gants Hill, Ilford, Essex, IG2 6HY (Telephone 020 8518 1218) (the "Company") is authorised and regulated by the Financial Services Authority for investment business and is bound by the Rules of the FSA.

1. You have a right to inspect copies of Contract Notes, vouchers and entries in the Company's books or computerised records relating to your transactions.

2. The Company keeps records of business transactions for at least 6 years.

3. If you should have any complaint about the advice you receive or a product which you have bought please write to the Compliance Officer at the above address

(Telephone 020 8518 1218).

4. If you make a valid claim against the Company in respect of the investments we arrange for you and we are unable to meet our liabilities in full, you may be entitled to redress from the Financial Services Compensation Scheme. Details of the cover provided by the Scheme are given in a booklet which we will send you at your request.

5. The Company takes responsibility for any advice given to you by one of its' representatives. The Company accepts no responsibility for any loss or depreciation in the value of any investment acquired or from any transaction effected for you or for any failure to secure a particular level of income therefrom or for any adverse tax consequences except where you suffer loss as a result of wilful default or negligence on the part of the Company or it's employees. The Company maintains Professional Indemnity Insurance.

6. The Company must make it clear whether it is acting on your behalf on an advisory basis or Execution Only basis. The former involves a detailed investigation into your financial position which means completing a Questionnaire probably followed up by a meeting.
Without this, any investment you make through the Company is on an Execution Only basis. This means that the Company has not carried out an in depth study of your circumstances and it is up to you to decide if a particular investment product is the right one. If you are in any doubt as to whether you are being dealt with on an advisory basis or an Execution Only basis you should enquire with the Company prior to making your investment.

7. We offer independent financial advice, but occasions can arise where we, or one of our other clients, will have some form of interest in business which we are transacting for you. If this happens, or we become aware that our interests or those of one of our other clients conflict with your interests, we will inform you and obtain your consent before we carry out your instructions.

8. Subject to (5) above, when the Company has arranged any investments for which you have given instructions it will not give you any further advice unless you request it, but will be glad to advise you at any time you ask it so to do.

9. The Company requires clients to give instructions in writing to avoid possible disputes. It will, however, accept oral instructions at its discretion provided they are subsequently confirmed in writing.

10. You or the Company may terminate the Company's authority to act on your behalf at any time without penalty. Notice of the termination must be given in writing.

11. The Company derives income from commission paid to it by Life Assurance companies, Unit Trust managers and other organisations with which investments are made. You will receive from the Life Office or Operator in question or from the Company, information about the commission that the Company receives. The Company shall tell you the amount of commission payable to it on any Packaged Product and, if you ask it, on any other investment it has arranged for you.

12. If the Company receives commission or any other form of benefit from the issuer of a security or from another intermediary it will inform you but will not tell you the amount unless you ask the Company to do so.

13. THE COMPANY DOES NOT HANDLE CLIENTS MONEY. The Company never accepts a cheque made out to it (unless it is a cheque in settlement of charges or disbursements for which the Company has sent you a bill) or handles cash.

14. The Company will make arrangements for all your investments to be registered in your name unless you first instruct the Company otherwise in writing.

15. The Company will forward to you all documents showing ownership of your investments as soon as practicable after the Company receives them. Where a number of documents relating to a series of transactions is involved, the Company will normally hold each document until the series in complete and then forward them to you.

16. From time to time the Company may forward marketing material to you or contact you by telephone to keep you informed of products and services it can offer and which may be of interest to you.

17. These Terms of Business are governed and shall be construed in accordance with English law and the parties shall submit to the jurisdiction of the English courts.