FOR CUSTOMERS PAYING ADVISER CHARGES LEGAL & GENERAL INVESTMENTS TO IPS UNIT TRUST TRANSFER APPLICATION FORM.

Transcription

1 INVEST PTFOLIO SERVICE ADVISED F CUSTOMERS PAYING ADVISER CHARGES LEGAL & GENERAL INVESTMENTS TO IPS UNIT TRUST TRANSFER APPLICATION FM. Use this form to transfer from a unit trust held with Legal & General Investments to a unit trust/oeic with Investor Portfolio Service (IPS). F ADVISER USE ONLY To be loaded under agency number Reference number Adviser name Agency number Basis of advice declaration To meet Financial Conduct Authority regulatory reporting requirements, we must now record whether advice was given to your client regarding the sale of this product. the relevant box. Was advice given? 3 Please complete in BLOCK CAPITALS using black ink and return to: Investor Portfolio Service, PO Box 1112, Chelmsford CM99 2UX Please ensure you ve read the current version of the following Product Documents before you make any investment decisions: Key Investor Information Document (KIID) Investing with IPS IPS Terms and Conditions Important Fund Information If you don t understand any point please ask your adviser for further information. You can contact us on and we ll be happy to help. Call charges will vary. We may record and monitor calls.

2 SECTION 1. Personal details complete this section in full Part 1.1 First applicant We need your permanent the postcode, we can t accept a c/o address. Existing customer reference for the investment being moved Do you have a National Insurance number? If, please provide your National Insurance number Account holding designation Complete if you wish to add a new or existing personal reference to your investment (UT and OEIC only) Part 1.2 Joint holders complete this part only if there are joint holders on the investment We need your permanent the postcode, we can t accept a c/o address. Do you have a National Insurance number? If, please provide your National Insurance number If you are investing jointly, we will need all investors to sign for all future transactions, including changes to income payments. If more than two applicants, tick here and give full details of the additional applicant(s) in Section 7 Joint holders. Page 2/7

3 SECTION 2. Adviser Charges This section confirms any Adviser Charges that you agree to pay from the amounts you invest with us. You should have read the Guide to Facilitated Adviser Charges which explains the Adviser Charges, how we collect them and any risks. You should also have read the Investing with IPS brochure and the Terms and Conditions. Part 2.1 Ongoing Adviser Charge (if this section is not completed any existing ongoing Adviser Charge will continue) I am aware I need to pay my adviser for any ongoing service they are providing and that this will be paid for from the money I hold in my IPS Cash Account. I am aware that I can ask you to cancel or alter my ongoing Adviser Charge at any time subject to the notice period described in the Terms and Conditions. For the investments held in this IPS account: I agree to pay an ongoing Adviser Charge of each year of my investment s value to the organisation shown below. Please calculate and pay this on a monthly basis. Name of organisation to be paid: I will ensure that my IPS Cash Account has enough money in it to pay my ongoing Adviser Charge, and any other charges, through one of the following methods: by sending you a cheque; by bank transfer from my minated Bank Account; by using part of the income received from my investments held on IPS (see section 6 Income Options ). Part 2.2 Sale for Regular Payment mandate Where there are insufficient funds in my IPS Cash Account, I authorise you to sell units/shares from my IPS investments in line with the Terms and Conditions each month to provide the funds required to pay my Adviser Charges. For jointly held unit trusts/oeics Units/shares will be sold from the largest holding in my joint unit trusts/oeics to pay for the charges and fees relating only to that investment. For solely held unit trusts/oeics and ISAs Units/shares will be sold from the largest holding in my unit trust/oeic or, if I don t have a unit trust/oeic, from the largest holding in my ISA. If there is insufficient money left in my unit trust/oeic that units/shares will automatically be sold from the largest holding in my ISA if I have one. I am aware that: There are other ways of paying for my Adviser Charges that do not involve selling units/shares from my IPS holding; This will result in the reduction of my capital; I will permanently lose the ISA tax benefits on any ISA units/shares sold; This may give rise to a capital gains tax liability on my unit trust/oeic; Units/shares will be sold in the same way to pay for my Platform Fee when there are insufficient funds in my IPS Cash Account to pay it; This replaces any existing Sale for Regular Payment instruction; I can complete an Adviser Charges Payment Authority Form to replace this instruction at any time. Page 3/7

4 SECTION 3. Unit trust funds you d like to sell Please tell us which funds you re selling. Loyalty Bonus If you re withdrawing money from a fund that qualifies for a loyalty bonus this will not continue when transferred to IPS, as you ll be investing into a new share class. Tell us the funds you d like us to sell Fund name Legal & General Mixed Investment 0-35 Fund Legal & General Sterling Income Fund Legal & General Mixed Investment Fund L&G (N) Tracker Trust Legal & General UK Select Equity Fund Legal & General Ethical Trust Percentage to be sold SECTION 4. Unit trust funds you d like to buy on IPS Please write the name(s) of the fund provider and fund you want to invest in and select a unit type (ACC accumulation, INC income). If you don t specify ACC or INC, we ll automatically allocate accumulation units/shares where available. If you d like to start or continue a monthly investment please complete the monthly column in part 4.1, Fund selection, and complete the Start or continue a monthly investment by Direct Debit, part 4.2. This should show your total monthly investments and replaces any existing instruction. Part 4.1 Fund selection tell us which funds you re buying on IPS, and how much to invest in each fund You ll be invested in the commission-free version of the fund(s) selected below Fund management company/fund name (e.g. Legal & General Sterling Income I Fund) Select unit/share type Transfer Monthly (delete as appropriate) (if you wish to start or continue a monthly investment) ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC ACC / INC Total investment amount 100 Page 4/7

5 Part 4.2 Set up or continue a monthly investment by Direct Debit If you re making monthly contributions please fill in the Direct Debit instruction below. Please tell us the date you d like your Direct Debit collected each month (any day from 1st to 28th). When this doesn t fall on a business day, your Direct Debit will be collected on the next business day. If you don t choose a preferred day, we ll collect your Direct Debit on the 8th of each month. Preferred collection date of each month (please choose 1st to 28th) INSTRUCTION TO YOUR BANK BUILDING SOCIETY TO PAY BY DIRECT DEBIT Name and full postal address of your bank/building society Bank/building society account number Branch sort code Service user Number Name(s) of account holder(s) Instruction to your bank/building society Please pay Cofunds Direct Debits from the account detailed in this instruction subject to the safeguards assured by the Direct Debit Guarantee. We understand that this instruction may remain with Cofunds and, if so, details will be passed electronically to our bank/building society. Banks and building societies may not accept Direct Debit instructions for some types of account. Signature Signature (Joint holder) Please see Investing with IPS for your Direct Debit Guarantee. SECTION 5. minated bank account Complete this section if you ve not given us nominated bank account details. If you re an existing IPS customer, only complete this section if you want to change your nominated bank account. Changes to your nominated bank account will not affect the account used for monthly contributions. You need to provide the details of your bank/building society account so we can make any payments by BACS. We may use these details to pay you the proceeds of any future withdrawals. Name and full postal address of your bank/building society Bank/building society account number Branch sort code Roll number (if applicable) Name(s) of account holder(s) This account must be held, or jointly held, by the named applicant(s). We can t make payments to a third party. If any of these details change in the future, please write and tell us. Page 5/7

6 SECTION 6. Income options if you ve chosen any INC units/shares Complete this section if you ve chosen income units/ shares (INC) in section 4.1. Tick one: Receive the income. Any income received from your investments in INC units/shares will be paid into your IPS Cash Account and then paid to your nominated bank account on the next monthly payment date. Reinvest into the fund. Income received from your investments in INC units/shares will be used to buy more units/shares in the fund. Hold in my IPS Cash Account. Income received from your investments in INC units/shares will be paid into your IPS Cash Account. If you have selected to Reinvest into the fund this will be applied to all funds you hold in your account. If you don t already hold income units/shares in this product and you don t tick one of these boxes we will select the Reinvest into the fund option by default. If you already hold income units/shares within this product and you don t tick one of these boxes we will apply your existing income options to all funds within this product. SECTION 7. Joint holders Complete this section if there are more than two joint holders We need your personal the postcode, we can t accept a c/o address. Do you have a National Insurance number? If, please provide your National Insurance number We need your personal the postcode, we can t accept a c/o address. Do you have a National Insurance number? If, please provide your National Insurance number Page 6/7

7 SECTION 8. Declaration and authority F ALL APPLICANTS I declare that: I am 18 years of age or over; the information given in this application is full and accurate to the best of my knowledge and belief and I will inform Cofunds Limited without delay of any change in my circumstances affecting any of the information in this form. IMPTANT PLEASE READ: DATA PROTECTION Use of your information by Cofunds: We take your privacy very seriously. We use the personal information collected via this form and any other information that you provide to us ( your information ) for the purposes of: 1. Providing you with our products and services and dealing with your enquiries and requests; 2. Administering your investment; 3. Carrying out market research, statistical analysis and customer profiling; and 4. Sending you marketing information (by post, telephone, and SMS) about products and services of companies in the Cofunds group and of third parties whose products and services we offer to our customers. By signing below, you agree to receive the information as described in 4 above, unless you tell us otherwise by ticking this box. Given the global nature of our business, we may need to transfer your information to countries outside the European Economic Area in order to provide our services to you. Disclosures: We will disclose your information to other companies within the Cofunds group of companies, regulatory bodies, law enforcement agencies, future owners of our business and suppliers we engage to process data on our behalf and when necessary to a reassurer. If you have been dealing with a financial adviser, we will give them information about your product and, where appropriate, provide them with other information about your dealings with us to enable them to give you informed advice. Where you have been introduced to us by a bank or a building society, we will share your information with them to enable them to: (a) carry out market research, statistical analysis and customer profiling; and (b) send you marketing information about their products and services and products and services of companies in the Cofunds group and of third parties whose products and services we offer to our customers. By signing below, you agree to receive the information as described in (b) above by post or telephone, unless you tell us otherwise by writing to Cofunds, PO Box 1112, Chelmsford CM99 2UX. Access: You have the right to ask for a copy of your information in return for payment of a small fee. To obtain a copy of your information, please write to us at the above address. PLEASE READ AND SIGN BELOW: I agree to the use of my information as set out above. I understand that a copy of the completed application form and/or Terms and Conditions is available on request. I have been provided with the Terms and Conditions of the IPS Platform and by signing this application form I agree to be bound by them. I confirm that I have received the Product Documents and Key Investor Information Documents (KIID) relating to my investment. I understand that I will pay the IPS Platform Fee for use of the IPS service and I authorise Cofunds to collect this fee from my IPS Cash Account. If there is insufficient money in my IPS Cash Account, I authorise Cofunds to sell enough of my assets to pay the fee in accordance with the Terms and Conditions. I understand that my signed application form and the Terms and Conditions form the basis of my agreement with Cofunds. If you ve agreed to pay any adviser charges, please make sure you ve completed the adviser charges details correctly in Section 2 before signing and dating below. APPLICANT LEGAL GUARDIAN SIGNATURE(S) First applicant First joint holder* Second joint holder* Third joint holder* *Where applicable. Please send your completed application to your financial adviser, or to: Investor Portfolio Service, PO Box 1112, Chelmsford CM99 2UX Cofunds Limited Registered in England and Wales Registered office: Level 43, The Leadenhall Building, 122 Leadenhall Street, London, EC3V 4AB We are authorised and regulated by the Financial Conduct Authority. P2241 Q26927 version 12/16 NON ASD