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How Wrap can work for you
Edgar Brooks & Co Wealth Management Service Introducing the “Clear” Wrap proposition
Putting you back in touch with your wealth
The problem…
“I don’t know how my money is working for me”
If there is a downside to wealth it’s the time it takes to keep your assets working hard for you. Ironically, the more successful you become in life, the less time you may have to do this well.
None of us want to go from pillar to post finding all our documentation, then taking the time to pore over them to calculate the state of our wealth.
And when you spend valuable time with your us, you want to use that time planning what’s best for your future rather than wasting time and money, on the administration of your investments.
…the solution
“I want to know what’s happening with my investments when it’s convenient to me”
Today, the process of managing your wealth can be simple. We uses a tool called Wrap for our wealth management service which brings your investments together in one place. This sounds simple but it makes a profound difference. It’s the logical way to keep track of your investments and will save us both time.
The Internet has changed our lives forever. Wrap works securely through the web to bring all your
financial products such as ISAs, pensions and even savings accounts securely into one place. There, you can review a complete picture of your portfolio, before deciding on the best plan for your future.
So What Is Wrap?
It’s a simple and reliable way to have your pensions and investments collated and updated securely in
one place – regardless of where you hold investments.
Wrap adds value to both you us, as it frees up time to focus on planning and looking after your needs. It means when we meet up we’ll both be able to see the complete picture of all your investments – helping you focus on the most important thing - getting your future right. It can help with tax too - Wrap has a full range of the products you need to take advantage of the breaks the taxman has on offer.
Even though Standard Life provide access to the technology, we are not obliged to use their funds unless they are best of breed and as such might be included as part of an overall portfolio solution. Standard Life plays more of a supporting role. They will provide documentation including an annual statement and work as a trusted partner.
Added Value
Tax Efficient Options
The tax wrappers provided through Wrap, (Self Invested Personal Pension, International Portfolio Bond, Onshore Bond and ISA) mean we can make the tax system work for you, not against you. (Please remember though that tax relief may be altered and its value depends on your circumstances).
A Better Deal
With Wrap we will be able to get you excellent discounts on charges across a wide range of
investment funds. Standard Life regularly review their charges and they may be increased to reflect increases in our overall costs and/or changes in the assumptions made. Any increases in charges will not increase Standard Life’s profit margins above reasonable levels.
Change For The Better
As your life changes Wrap aims to make it easy to keep pace. It’s simple for us to make the
changes that we both feel are necessary.
Better Service
Through Wrap your we have access to a huge range of investment options including 2,300 funds,
stocks and shares, gilts and bonds with the aim of helping you achieve your full investment potential.
Putting Good Advice Is Worth Paying For
Wrap gives you flexibility to decide how you pay us for the advice you receive. This allows us to ensure the advice is impartial and that your interests are paramount. It also provides transparency - you know exactly how much your advice service costs.
How Can Wrap Work For Me?
Before you decide what’s best for you, it might be a good idea to take stock of your own circumstances. Take a look at the examples below and see if any apply:
One of the most important features of Wrap is that it allows you to plan for multiple goals simply and effectively. We will then be able to work through plans to understand exactly how these might be achieved and what’s right for you.
While working towards your goals there are two important things to remember. Investing carries risk, the value of investments can fall as well as rise and you may get back less than you pay in. Before buying a product through Wrap you need to be aware of the risks and commitment involved. Details are available in the relevant Key Features.
No Means 'Yes!'
Here are 3 simple questions. If you answer ‘no’ to any of them then Wrap could be the solution for you:
• Do you know if you are investing as efficiently as you could be?
• Do you know what your goals are, and how your investments link to them?
• Do you have the time to research and do the paperwork for a complex portfolio?
Over the last few pages we’ve outlined situations where Wrap can help make managing your wealth
simpler. Of course the financial goals you set throughout your life will change regularly. But from day one Wrap can help you meet life’s challenges with a flexible range of choices.
Talk to us in more detail today about how Wrap could help you manage your future
more simply.
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Edgar Brooks & Co is an appointed representative of Interdependence Ltd, which is authorised and regulated by The Financial Services Authority. Interdependence Ltd is entered on the FSA register (www.fsa.gov.uk/register ) under reference 149826. The Financial Services Authority do not regulate Will Writing, Credit Cards, Tax Advice, Estate Planning.
Website last changed: 01/11/2012
