Individual Statement

High Net Worth

STATEMENT FOR CERTIFIED HIGH NET WORTH INDIVIDUAL


I declare that I am a certified high net worth individual for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005

.


I understand that this means:


(a) I can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority;


(b) the content of such financial promotions may not conform to rules issued by the Financial Conduct Authority;


(c) by signing this statement I may lose significant rights;


(d) I may have no right to complain to either of the following the Financial Conduct Authority; or ii. the Financial Ombudsman Scheme;


(e) I may have no right to seek compensation from the Financial Services Compensation Scheme.



I am a certified high net worth individual because at least one of the following applies -


(a) I had, during the financial year immediately preceding the date below, an annual income to the value of £100,000 or more;


(b) I held, throughout the financial year immediately preceding the date below net assets to the value of £250,000 or more. Net assets for these purposes do not include -

  1. the property which is my primary residence or any loan secured on that residence;
  2. any rights of mine under a qualifying contract of insurance within the meaning of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001; or
  3. any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependents are), or may be, entitled.


I accept that I can lose my property and other assets from making investment decisions based on financial promotions.


I am aware that it is open to me to seek advice from someone who specialises in advising on investments.