INVESTMENT CHOICES
so that you can enjoy the nicer things in life
Cofunds
PROFESSIONAL SERVICE, WITH A PERSONAL TOUCH
Positioned at the forefront of a continually evolving sector, we are committed to
delivering cost effective solutions that rank amongst the very best in the industry.
We offer a vast amount of experience, knowledge and expertise and our scale
in conjunction with other companies in the Pantheon Financial Group, plus
the volume of client assets passing through the Group; enables us to negotiate
highly competitive terms, which can then be passed back to our clients through
preferential terms negotiated through the Cofunds platform.
IT’S WHAT YOU DON’T SEE THAT SETS US APART
The Execution Only service is provided to investors that require NO advice,
but want a reliable source of generic research and commentary to help them
make their own decisions. The financial spectrum is wide and varied and not only
requires high levels of specialist knowledge, but the ability to respond to increasing
rates of change. In an ever more complicated investment arena, it is difficult for
an individual to research the market without structured and robust support.
To provide our execution only clients with the information they require to make
their own decisions, we employ the services of highly skilled professionals in the
following areas in order to provide accurate research and technical information:
• Research Analysts
•Client Services
•Compliance
•Finance
•Administration support
Telephone 0113 200 1141
Email [email protected]
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www.pantheonfinancialinvestments.co.uk
NO PROBLEMS; JUST SOLUTIONS
By holding an investment, making an investment or re-registering an existing
investment with Pantheon Financial Investments Ltd (PFIL) acting as an
intermediary you become an execution only client.
WHAT YOU GET AS AN EXECUTION ONLY CLIENT
• Discounted and tiered PFIL annual service charge
• Discounted Cofunds Platform fee
• Friendly, knowledgeable phone based experts.
No automated queue system and no query too small
•Easy to use PFIL website with password protected client area and
access to online valuations 24/7 as well as news and fund research
•Twice yearly newsletter
•Administration support
• Fund switches
• Application processing
• Checking application forms
• Risk rating of new portfolios and existing portfolios on request
• Providing Fund brochures and forms on request
•Fund and Fund Manager analysis available through the PFIL
website and technical support team
•Option to use on-line or paper based dealing
DISCOUNTED DISTRIBUTION, OR “EXECUTION-ONLY”
These investors are often referred to as execution-only, because they take 100%
responsibility for the investments entered into and simply require a registered
firm to “execute” transactions for them cost-effectively. As the registered
intermediary we charge a fee for our services.
WHAT IF EXECUTION ONLY ISN’T RIGHT FOR ME?
In addition to the Execution Only side of the business, PFIL can provide clients
with advice through our Advised service. The service we provide and Terms &
Conditions and charges differ to those in this brochure but if you’d like to find out
more please call us on 0113 200 1141.
Pantheon Financial Investments Ltd is part of the Pantheon Financial Ltd group
of companies, providing private investors with a wide choice of investment
services at their convenience. A business built on core values of professionalism
and personal service, PFIL is committed to going the extra mile to ensure
financial solutions meet client requirements.
PANTHEON FINANCIAL INVESTMENTS LTD
CLIENT AGREEMENT
Pantheon Financial Investment Ltd Terms and Conditions for clients using Cofunds.
General
Pantheon Financial Investments Limited (“us”, “we” or “our”) shall provide the services described in more
detail in the “Investment Choices” document to which these terms and conditions are attached (the
“Services”).
You must be aged 18 or over to use the Services.
By using the Services and/or signing these terms, you confirm that you accept these terms and that the
Services will be provided by us and purchased by you in accordance with these terms.
We will not provide you with advice under these terms. Nothing on the website, newsletter or in these
terms or in any communication we might issue to you should be construed as advice (including but not
limited to investment advice or tax advice) or a personal recommendation.
When using the Services, you are entirely responsible for ensuring that you understand every
investment you make using the Services and for ensuring that every investment you make is suitable for
you. You are also responsible for reviewing your investment decisions and making changes where you
conclude changes are appropriate. We will not review your investments.
If we provide you with advice on other matters, any such advice will be the subject of a separate
agreement and these terms will not apply to any such advice.
We do not handle client money in respect of investments.
Client Categorisation
In providing the Services to you, we will categorise you as a ‘retail client’. The type of client category will
determine the level of protections afforded to you under the regulatory system.
As a ‘retail client’ the regulatory protections available to you are determined by this category and will be
the highest available.
Where we have categorised you other than as a ‘retail client’, you may request re-categorisation under
a client category which benefits from a higher degree of protection. However, we reserve the right to
agree to such a re-categorisation on a case-by-case basis, and where we agree to do so it does not
necessarily mean that you will have a right of access to the Financial Ombudsman Service.
Conflicts of Interest
We do not envisage conflicts of interest arising between you and us as a result of your use of the
Services. However, should such conflicts arise, we are committed to managing them fairly.
Termination of authority
You, or we, may terminate these terms at any time with immediate effect. Should you wish to terminate
these terms, you must give notice in writing to us and to Cofunds, explaining that we are no longer your
preferred intermediary. We will not implement any transactions on your behalf to the extent initiated
after the date we receive your notice of termination. Please note that we are unable to notify Cofunds to
terminate these terms on your behalf.
Termination will not prejudice the completion of any transaction already initiated. You will be liable to
pay for: any transactions that were completed prior to termination; any fees which are outstanding
at the date of termination; and any fees incurred following termination as a result of us completing a
transaction that was initiated prior to the date of termination. On termination we will not refund any fees
retrospectively.
We reserve the right to invoice you directly for any sums due from you from the date we last received
fees under these terms up to (i) the date of termination; or (ii) (if applicable) completion of a transaction
following termination that was initiated prior to termination.
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Accounting to you
All investments and policies will be registered in your name and address or in accordance with your
written instructions. Policy documents, contract notes and investment certificates will be forwarded to
you at the earliest opportunity where relevant.
We will account to you for transactions effected on your behalf by means of a contract note, or by
providing documents of title or certificates evidencing title where Cofunds do not issue such documents
directly.
It is your responsibility to review the contract note and any other documents you receive from us or
Cofunds in respect of the transactions effected on your behalf. If you believe that any of the documents
contain information that is incorrect or incomplete, you must notify us within 7 days of receipt of the
document. Provided we receive such notice from you, we will use reasonable endeavours to resolve the
issue with you and/or Cofunds if appropriate.
Please note we will not accept instructions from you over the telephone.
How we charge you for our services - discounted terms
As with any other professional service provider, we charge fees in consideration for the Services we
provide. You acknowledge and accept that you will be responsible for such fees should you request
Services from us. You will instruct Cofunds to deduct our fees from your investments and pay them to us.
Details of exactly how they will deduct our fees can be found in Cofunds Terms of Business
The fees we are due under these terms are paid to us monthly in arrears by Cofunds from your Cofunds
Cash Account.
Please refer to the Cofunds Terms of Business and Service Agreement for details of their Platform
Charge.
The annual fees payable to us are tiered. For the first £100,000 you have invested through us you will pay
0.35% of the portfolio value, the balance above £100,000 up to and including £250,000 will be 0.30%
of the portfolio value, and any investment value over £250,000 will be charged at 0.25% of the portfolio
value per annum. For example, for portfolios of £50,000, £150,000 and £300,000 the charges will be as
follow:
Value of Portfolio
Charge
£50,000
£175
0.35% of £50,000
£150,000
£500
0.35% of £100,000 plus
0.30% of £50,000
£300,000
£925
0.35% of £100,000 plus
0.30% of £150,000 plus
0.25% of £50,000
Liability
We accept no responsibility for any costs you might incur when using the Services as a result of errors by
any third party or as a result of any default by a third party.
We accept no responsibility for any losses that might be incurred as a result of acts, incidents or events
that are beyond our control.
In particular, we will accept no responsibility for errors made by Cofunds or any default by any
investment fund/vehicle you might choose to invest in using the Services.
In respect of any losses or costs incurred by you as a result of our failure to implement a transaction (i)
in accordance with your instructions; (ii) on time; or (iii) at all, our liability (including without limitation
if arising in negligence) will be limited to a sum equal to the amount of any investment lost by you as a
result of our failure, except that our liability shall not be limited or excluded for death or personal injury
caused by negligence; fraud or fraudulent misrepresentation; or any matter in respect of which it would
be unlawful for us to exclude or restrict liability.
Telephone 0113 200 1141
Email [email protected]
We shall not be liable (including without limitation if arising in negligence) if and to the extent that you
failed to notify us of any incorrect or incomplete information contained in the contract note and any
other documents you have received from us, as this will have prevented us from being able to mitigate
the losses arising from our failure to correctly implement a transaction.
We shall in no circumstances be liable (including without limitation in negligence) for any indirect or
consequential loss arising under or in connection with these terms.
Tax
Nothing on our website or in any communication we might issue to you should be construed as tax
advice.
You are responsible for paying all taxes that might be due in respect of every investment you make using
the Services.
Anti-money laundering
We are required by law to check your identity. In order to verify the information you provide we may
make searches with a credit reference or Fraud Prevention Agency; this will include information from the
Electoral Roll. The agencies may record the details of the search with an electronic footprint showing it
was done for anti-money laundering purposes. Companies may share these searches in order to prevent
fraud. We may ask you to supply at least one original document of confirmation of your identity, address
or both which we will use along with any electronic checks we may perform. Any documents provided to
us will be recorded and copied for audit purposes as part of our anti money laundering requirements.
Data Protection Statement
By accepting these terms:
1. Any information you provide is subject to the Data Protection Act 1998 (the “Act”). By accepting
this document you consent to us or any company associated with us processing, both manually and by
electronic means, your personal data for the purposes of providing advice, administration and
management.
2. “Processing” includes obtaining, recording or holding information or data, transferring it to other
companies associated with us, product providers, the FCA or any other statutory, governmental or
regulatory body for legitimate purposes including, where relevant, to solicitors carrying out operations
on the information or data, or to another firm upon the sale of all or part of our business. If necessary, for
the aforementioned purposes, we may transfer your information to countries which do not provide the
same level of data protection as the UK. If we do make such a transfer, we will put a contract in place to
ensure your information is protected.
3. We may also contact you or pass your details to other companies within the Pantheon Financial
Limited group of companies to contact you (including by telephone) with details of any other similar
products, promotions, or for related marketing purposes in which we think you may be interested.
4. We will enter into communication with you through whatever means are convenient to you and us,
including face to face, telephone, email and other acceptable electronic communication methods.
5. If at any time you wish us or any company associated with us to cease processing your personal data
or sensitive personal data, or contacting you for marketing purposes, please contact us in writing at
Springfield House, 76 Wellington Street, Leeds, LS1 2AY.
6. You may be assured that we and any company associated with us will treat all personal data and
sensitive personal data as confidential and will not process it other than for a legitimate purposes. Steps
will be taken to ensure that the information is accurate, kept up to date and not kept for longer than is
necessary.
These terms take into account our obligations under the Financial Services and Markets Act 2000 and
the Financial Services Act 2012. If you do not understand any of these terms, please ask for further
information.
We reserve the right to amend these terms at our discretion, providing notice of any amendment is
advised before any new business is transacted, where practicable.
Telephone 0113 200 1141
Email [email protected]
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www.pantheonfinancialinvestments.co.uk
Complaints
What to do if you have a complaint
If you wish to register a complaint, please contact us:
Write to the Compliance Department, Pantheon Financial Investments Ltd, Springfield House, 76
Wellington Street, Leeds, LS1 2AY Telephone 0113 200 1141.
If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman
Service.
Are we covered by the Financial Services Compensation Scheme (FSCS)?
We are covered by the FSCS. You may be entitled to compensation from the scheme if we
cannot meet our obligations. This depends on the type of business and the circumstances of the claim.
Investment
Most types of investment business are covered up to a maximum limit of £50,000.
Governing Law and Jurisdiction
These terms shall be governed by and construed in accordance with English law and you and we
irrevocably agree to submit to the jurisdiction of the English courts to settle any dispute that may arise
between us. Judgment in any action brought in the English courts may be enforced in the courts of any
other jurisdiction.
Please complete the details below, detach and return to us using the reply paid envelope provided.
By completing, signing and returning this form you are accepting these terms and fees and charges
detailed in these terms from the date they are processed by PFIL, at which point the agreement between
us will commence.
If your account is held in joint names you are both required to complete your details and sign and date the
document before returning it to us.
!
By completing, signing and returning this form you are accepting the Terms & Conditions and
fees and charges detailed in this document from the date the it is processed by PFIL.
If your account is held in joint names you are both required to complete your details and sign
and date the document before returning it to us.
Client 1
Client 2
Mr/Mrs/Miss/Miss/Other Mr/Mrs/Miss/Miss/Other First Name First Name Surname Surname Address Address Address Address Postcode Postcode Date Date Signature Signature Pantheon Financial Investments Ltd (1457595) is authorised and regulated by the Financial Conduct Authority and is
a member of the Pantheon Financial Ltd (4300595) group of companies www.pantheonfinancial.co.uk.
Authorised and regulated by the Financial Conduct Authority. Register no. 114574
Registered in England and Wales. Registered office: Springfield House, 76 Wellington Street, Leeds, LS1 2AY.
Pantheon Financial Investments Ltd
Springfield House,
76 Wellington Street,
Leeds,
LS1 2AY
T 0113 2001141
F 0113 2001142
[email protected]
www.pantheonfinancialinvestments.co.uk