CTPM definition
Examples of CTPM in a sentence
If sent to the State: ▇▇▇▇▇ ▇▇▇▇▇▇, CTPM, CTCM Director, Cooperative Contracts Department of Information Resources ▇▇▇ ▇.
If sent to the State: ▇▇▇▇▇ ▇ ▇▇▇▇▇▇, CTPM, CTCM Director, Cooperative Contracts Department of Information Resources ▇▇▇ ▇.
The cost of the primary JBS custody service will be paid for by CTPM and is therefore included in your annual management fee that you pay to CTPM apart from a small annual registration charge.
CTPM, however, reserves the right to charge separately for custody services in the event that JBS alter their fee schedule in any way.
Whilst ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ & Sons (JBS) view CTPM as its client, they will extend all regulatory obligations and duty of care to you as detailed in the rule book of the UK Financial Conduct Authority, as if you were a direct client of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇.
The third party custodian will however pass on to you, the client, any custody charges levied by them for this service, which falls outside of the inclusive fee arrangement negotiated by CTPM on your behalf for the primary custody arrangements.
Discretionary Portfolio Management Services A discretionary agreement enables CTPM to take action on the portfolio as it feels appropriate and without reference to you.
CTPM are authorised to manage investments and to arrange and effect transactions relating to pensions, individual savings accounts (ISA’s) investment trust savings schemes, authorised unit trusts, collective investment schemes and discretionary management services.
It is particularly important for investors who may not be contactable by CTPM for an extended period.
A discretionary agreement allows CTPM to carry out transactions more rapidly, where necessary.