Overseas Investments. If you invest in overseas (non-UK) investments:
Overseas Investments. If a transaction is undertaken on your behalf on non-UK markets, it will be subject to the rules of the relevant overseas exchange, clearing system and/or depositary and to any terms of any foreign agent or custodian employed by PSL. These rules and terms may include, but are not limited to, such persons having the right to reverse a transaction (including reversing the delivery or re-delivery of any investment and any payment) even after it has been settled. In view of the number of markets and counterparties which may be used it is not possible to outline all of the potential rules and obligations that may apply in such cases.
Overseas Investments. 21.1. Where we purchase non-UK investments for you outside the UK, these may be registered or recorded directly in the name of a foreign custodian (rather than that of your custodian) in one or more jurisdictions.
Overseas Investments. For all overseas shares and investments, we require a list of all shares and investments owned at both the start and end of financial year, including the company name, relevant shareholding, type of investment, cost and details of all shares bought and sold during the year.
Overseas Investments. For all overseas shares and investments, we require a list of all shares and investments owned
Overseas Investments. If you hold overseas investments other than through a UK authorised investment, you could owe tax in the UK. You are responsible for ensuring you declare any income or capital gain to HMRC. Schedule 2 The following points apply to all these types of investments: They should be viewed as medium to long-term investments, usually for a period of 5 years or more. The value of these investments and the income derived from them may fall as well as rise and you may receive back less than you paid in. The rate of inflation may be higher than the rate of return on your investment, so the real value of your capital may be eroded. Your capital may be eroded if you make withdrawals or if distributions are made in excess of investment returns. Tax laws are subject to change at any time. We cannot guarantee that changes made to your portfolio will produce superior returns. Investment Trusts Investment Trusts can borrow money that can be used to buy more investments. This is known as gearing. If the borrowed money is used to buy shares that then grow in value, then you would get more than you may have expected. On the other hand, if the borrowed money is invested in shares that later fall in value, you can lose more than you invested, as the loan must still be repaid. Gearing can make investment trusts more risky than open-ended collective investment funds such as unit trusts and OEICs. However, not all investment trusts use gearing, and their charges tend to be lower than the charges for similar unit trusts and OEICs.
Overseas Investments. With the drawdown notice up to 80% of the relent documents (including but not limited to the local government approval letter and capital injection documents).
Overseas Investments. If you hold overseas investments other than through a UK authorised investment, you could owe tax in the UK. You are responsible for ensuring you declare any income or capital gain to HMRC. Schedule 2 Our Remuneration INVESTMENT MANAGEMENT FEE For investment management, we charge an annual management fee of 0.75% (+VAT for discretionary management including our designated portfolio service) based on the value of your portfolio. This fee is usually charged monthly in arrears, based on daily portfolio valuations. The minimum annual fee for investment management is £375 (+VAT for discretionary management). There is no minimum annual fee for our designated portfolio service. We do not charge for investment transactions, but third-party dealing costs may apply. FINANCIAL PLANNING FEES Financial planning fees are charged for any work that does not fall into the ongoing provision of our investment management service. This includes tax planning, retirement planning, inheritance tax planning, arranging insurance policies, and reviewing new client portfolios. Any basic tax advice is based on a UK Residency status unless otherwise agreed in writing. Our normal fee for financial planning is £150 per hour (+VAT) Three main exceptions to this hourly rate apply:
