Third Party Wrappers

A number of third party SIPP and Offshore Bond providers utilise the Novia GIA. The process is very straightforward with the Adviser and client opening up the external wrapper and filling in the relevant paperwork to outsource the custody to Novia.

The third party provider then sends the money across for investment on the Novia platform. Once on platform, the Adviser is able to manage the client investments (subject to any restrictions with the external wrapper provider).

The list we have provided below represents the majority of our suppliers but is not definitive. Please get in touch if you would like more information about our Third Party Suppliers.

Rowanmoor

https://www.rowanmoor.co.uk/

Rowanmoor is the UK’s largest independent small self-administered scheme (SSAS) provider and a provider of bespoke self-invested personal pensions (SIPPs) and Family Pension Trusts (Family SIPPs)

Utmost Wealth Solutions

https://www.utmostwealth.com/adviser/

With a 25 year heritage, Utmost Wealth Solutions is a provider of award-winning offshore bonds for high-net-worth UK residents. As at 31 December 2016 Utmost Wealth Solutions managed more than £12bn assets for over 36,000 clients.

IOMA

http://www.iomagroup.co.im/

The IOMA Group administers or manages over $8 billion of funds for global clients.

As a niche wealth manager, we have a proven track record in innovative solutions that deliver results and mitigate risk. The IOMA Group is small enough to offer a highly personal service, but sufficiently large to provider in-depth, specialist expertise.

We were the first composite insurance company on the Isle of Man and one of its independent financial services groups. Our international perspective on tax affairs, wealth creation and development, and retirement planning has reaped significant rewards for clients.

IOMA Life focuses on innovative and traditional ways to use life assurance as an effective wealth management and preservation tool.

Our inheritance tax solutions:

Estate Control Bond (ECB)

The bond is structured as a series of endowment policies which mature on a series of predetermined dates set by the Settlor. The Trustees have the ability to extend the maturity dates (some or all) to a later policy anniversary. The Trustees also have the ability to surrender or make assignments (to the Beneficiaries) of individual policies whenever they like (even during the Settlor's lifetime). Assigned policies can then be run as separate investments or surrendered. ECB is a Chargeable Lifetime Transfer Trust. The Trust is IHT free after 7 years, with any growth outside of the estate immediately.

Estate Management Bond (EMB)

The bond is structured as a series of non-surrenderable endowment policies which mature on a series of predetermined dates set by the Settlor. The Trustees have the ability to extend the maturity dates (some or all) to a late policy anniversary. EMB is a Chargeable Lifetime Transfer Trust. The Trust is IHT free after 7 years, with any growth outside of the estate immediately. There are additional tax benefits with this plan.

Estate Transfer Bond (ETB)

The bond is structured as a series of non-surrenderable endowment policies which mature on a series of perdetermined dates set by the Settlor. The Trustees have the ability to extend the maturity dates (some or all) to a later policy anniversary. As the bond is non-surrenderable the Settlor is assured of an 'income' (as adult Beneficiaries are entitled to ask for their share under a Bare Trust). The trust is IHT free after 7 years (discounted initially) with any growth outside of the estate immediately. ETB is a Potentially Exempt Transfer.

Suffolk Life

http://www.suffolklife.co.uk/

Suffolk Life's focus on SIPP administration has earned us a series of awards and an enviable industry reputation.

Carey Group

https://www.careypensions.co.uk/

Dentons Pension Management Ltd

http://www.dentonspensions.co.uk/

With over 37 years’ experience, Dentons has gained a reputation as a professional, knowledgeable and efficient self invested pension administrator, renowned for its technical expertise and award winning customer service.*

Intelligent Money

http://www.intelligentmoney.com/

Intelligent Money is a specialist SIPP and Personal Pension operator.

Our SIPP and Personal Pension can be tailored to suit your requirements, and those of your clients.

We also fully understand the importance of your relationship with your clients and your need to protect and grow this relationship and your brand.

To this extent - unlike our competitors - we ensure that our products are only available through intermediaries and not available direct to the public, often at a lower cost that through professional advisers.

We can also 'white label' our SIPP and Personal Pension propositions under your own brand and for larger firms we offer a complete bespoke SIPP and PP build with fully branded schemes, literature and online illustration and application tools for your website. There is no charge for these services.

You can find out more about our two core products below. Please visit http://www.intelligentmoney.com/ or contact our sales director, Chris Sutton, on 07766 516 018 or at chris.sutton@intelligentmoney.com for more information.

Summary of Benefits and Charges

The Intelligent SIPP is a full, bespoke, Self Invested Personal Pension.

It allows Advisers to access all of the HMRC permissible investments on the Novia platform for a flat annual fee of just £125. There is no initial/establishment charge and it has no charges to switch pensions over or make new contributions.

Being a full bespoke SIPP the Intelligent SIPP also allows you to access all off-platform HMRC approved asset class for your client's portfolio, including everything from structured products, through commercial property and land to holding gold bullion. All of these are again available at market leading rates.

Summary Charges

Establishment - FREE
Pension Transfers - FREE
Lump Sum Contributions - FREE
Regular Contributions - FREE
Annual Management Charge - £125
Income Drawdown - £75

Please see the Fee Schedule for full details of ancillary fees. All fees are subject to VAT.

Summary of Benefits and Charges

The Intelligent Pension is a simple, low cost, personal pension plan that allows Advisers to access all of the HMRC permissible regulated products and collectives on the Novia platform.

It has no initial charge and no charges to switch pensions over or make new contributions, just a very low annual charge of 0.5%, capped at £125 per year. Income drawdown is also available at a further annual charge of £75.

An added feature of the Intelligent Pension is that it can be written as either a standard personal pension plan, or with a deferred SIPP option - allowing clients to switch into the Intelligent SIPP without the need to complete additional forms or move funds.

You are free to select how you would like each plan written, depending upon client requirements and any compliance restrictions.

Aegon Ireland

https://www.aegon.ie/index.html

Aegon Ireland is part of the Aegon Group, an international life insurance, pensions and asset management company based in The Hague. Aegon has businesses in over 20 countries in the Americas, Europe and Asia. Aegon companies employ over 29,000 people and have approximately 30 million customers across the globe. As of March 2017, we manage EUR 743 billion of our own and our customers' investments. Further information: www.aegon.com

AEGON Ireland is authorised by the Central Bank of Ireland and regulated by the Financial Conduct Authority for the conduct of UK business, which means we act in line with the European Life Directives. In addition, under Irish Law, we are required to keep investors assets completely separate from our own.

In the event of AEGON Ireland being unable to meet its liabilities, planholders who were habitually UK resident when the contract commenced will be protected by the provisions of the Financial Services Compensation Scheme (FSCS). Insurance business of the type transacted by AEGON Ireland is generally covered for 90% of the value of the whole claim, without limit. It should be noted that some categories of investor are excluded.

Products available

Novia platform users have access to the AEGON Ireland Wealth Management Portfolio (WMP) which provides some of the following benefits:

Enhanced tax control compared with investing in onshore bonds
Asset switching without triggering a UK CGT liability
Easy access to the funds on a regular or ad hoc basis
Virtually tax free growth
Being self assessment friendly as classed as a non income producing asset

A further tax benefit of using a Dublin based offshore bond provider involves VAT on Discretionary Fund Management fees. For providers based in the Isle of Man, DFM fees need to be subject to UK VAT, whereas Discretionary Fund Management fees are exempt from Irish VAT. This means that the DFM charges no VAT, and none is accounted for by the Irish life company.

UK IHT Planning

AEGON Ireland offers a wide range of trust solutions to help Advisers with UK IHT tax planning needs. The range comprises of:

Bare Gift Trust
Bare Loan Trust
Bare Discounted Gift Trust
Discretionary Gift Trust
Discretionary Loan Trust
Discretionary Discounted Gift Trust

Contact points

If you would like to find out more about the Wealth Management Portfolio offshore bond, discuss a potential case, or request client specific key features please contact your normal AEGON sales point of contact or your Novia Regional Sales Manager

AEGON is a brand name of AEGON Ireland plc. AEGON Ireland plc, registered office: 2nd Floor, IFSC House, Custom House Quay, Dublin 1, Ireland. Registered in Ireland (No:346275). Authorised by the Central Bank of Ireland and subject to limited regulation by the Financial Conduct Authority are available from us on request. An AEGON company www.aegon.ie

Canada Life International

http://www.canadalife.co.uk/

Canada Life began operating in the United Kingdom in 1903, and has developed a wide offering of products and services to suit our clients.

Our product portfolio encompasses solutions for successful inheritance tax planning, savings and investments and retirement income planning, as well as group and individual protection.

Canada Life International Limited (CLI) is wholly owned by the Canada Life Assurance Company, part of the Great-West Lifeco group of companies. As a part of the Great-West Lifeco group, Canada Life and its subsidiaries is a constituent of the Financial Times Global 500 world's largest companies. Combined assets under administration were circa £430bn as at 31 December 2013.

In 2013 CLI was awarded an overall 5-star rating for the eleventh successive year for its ongoing strength in the offshore investment market, in AKG's Annual Review. CLIA and CLII were also awarded the same 5-star rating. AKG contributed the consistently high rating for service to CLI's ongoing dedication to providing value for money products alongside outstanding levels of technical support through the ican brand.

Having been established in the Isle of Man for over 25 years, CLI remains amongst the leading offshore providers. The company is profitable, pays regular dividends and continues to maintain a healthy level of solvency.

This strong financial position has enabled us to successfully grow our assets under administration from £1.5bn in 2002 to £8.8bn as at 31 December 2013.

Proposition
Premiere Account

The Premiere Account is a single premium offshore life assurance policy designed for someone looking to defer the effect of direct UK taxation on their investment whilst retaining access to the investment or wishing to take a regular income from the investment.

Premiere Account Option 1 (up-front charge): establishment is taken in advance - reducing the allocation of the investment
Premiere Account Option 2 (100% allocation of investment) - establishment charges are taken quarterly in arrears
Premiere Account Option 3 - management fees are taken quarterly in arrears

The quarterly administration fee is taken in advance for all three options. Servicing commission and fund Adviser fees are deducted and paid quarterly in arrears.

Please click here for the Premiere Account Charges and Fees document for further information.

Wealth Preservation Account (Reversionary Interest Trust)

The Wealth Preservation Account consists of a number of Canada Life International policies and a trust. This structure is designed for someone who wants to reduce their potential Inheritance Tax bill and is happy to give away a sum of money in order to do so. It also provides the opportunity to link the performance of the plan to a wide range of investment funds or cash deposits. The plan also provides optional annual payments existing income or other financial planning needs.

Offshore, under trust, with a reversionary interest of policy maturity proceeds to the settlor.
Series of single premium life assurance policies.
Predetermined maturity dates, produces annual 'income'.

The trust allows the trustees to defer the maturity date.
IHT position: chargeable lifetime transfer.

Please click here for the Wealth Preservation Account charges and fees.

Why should you consider using your third-party administration service?

Our vision is to be a world-class financial services provider; delivering exceptional value to customers, helping them achieve more through the excellence and integrity of our people.

We offer two offshore jurisdictions, Canada Life International Limited (CLI) and CLI Institutional Limited (CLII) in the Isle of Man, and Canada Life International Assurance Limited (CLIA) in Ireland.

We specialise in offering solutions for offshore markets. You have the reassurance of knowing that as part of Great-West Lifeco group we are a constituent of the Financial Times Global 500 world's largest companies. We have combined assets under administration of £430bn (as at 31 December 2013) and we receive consistently strong ratings from the major ratings agencies.

Please contact us using the details below for further information.

Where can I access further information?
View our websites:

CL Group www.canadalife.co.uk
CLI www.canadalifeint.com
CLIA www.cliassurance.ie

What are the additional charges?
All product charges are shown in the proposition section (above).

Who should I contact to discuss the service further?
Please contact:

Adviser Support on:

Tel: +44(0) 1624 820299

Fax: +44(0) 1624 828906

or e-mail:
focus@canadalifeint.com

Canada Life Limited, registered in England no. 973271. Registered office: Canada Life Place, Potters Bar, Hertforshire EN6 5BA. Member of the Association of British Insurers. Canada Life Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Canada Life Investments is the brand for investment management activities undertaken by Canada Life Asset Management Limited, Canada Life Limited and Canada Life European Real Estate Limited. Canada Life Asset Management Limited (no. 3846821), Canada Life Limited (no.973271) and Canada Life European Real Estate Limited (no. 3846823) are all registered in England and the registered office for all three entities is Canada Life Place, Potters Bar, Herfordshire EN6 5BA. Canada Life Asset Management is authorised and regulated by the Financial Conduct Authority. Canada Life Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Canada Life International Limited, registered in the Isle of Man no. 33178 and CLI Institutional Limited, registered in the Isle of Man no. 108017C. Registered office: Canada Life House, Alexandra Road, Castletown, Isle of Man IM9 1TG. Members of the Association of International Life Offices. Canada Life International Limited and CLI Institutional Limited are Isle of Man registered companies authorised and regulated by the Isle of Man Insurance and Pensions Authority. Canada Life International Assurance Limited, registered in Ireland no. 519085. Registered office: Canada Life House, Temple Road, Blackrock, Co Dublin. Member of the Association of International Life Offices. Canada Life International Assurance Limited is authorised and regulated by the Central Bank of Ireland.

Curtis Banks

http://www.curtisbanks.co.uk/

The Curtis Banks SIPP is designed to be the product of choice for a wide spectrum of clients and their Advisers.

Hornbuckle

http://hornbuckle.co.uk/

Hornbuckle has been a robust force in the retirement market for more than 30 years.

During this time, we have been at the forefront of specialist pension provision, focused on providing maximum investment flexibility to our clients underpinned by technical expertise, risk control and service excellence.

Product Range

As a leading specialist pension provider, we focus on two types of pension solution: Self Invested Personal Pension (SIPP) and small self-administered scheme (SSAS).

Full SIPP: Our Full SIPP provides your client the freedom to choose to invest their funds in a wide variety of investments including commercial property, OEICs, Unit Trusts and Unlisted Shares. The client also has the option of using their fund in supporting borrowing for the scheme.

Single SIPP: The Hornbuckle Single Investment SIPP is a low-cost self-invested personal pension. It can be used in the accumulation stage of pension planning and to take income drawdown. With the Single Investment SIPP, your clients can hold cash with Bank of Scotland and select one other investment. This can be a standard investment or certain non-standard investments.

SSAS: If your client is a business owner or senior employee, a Small Self-Administered Scheme (SSAS) could be a good choice for them. SSAS gives your client the freedom to invest in their sponsoring company. For example, they could borrow from the scheme to fund the purchase of company permises instead of borrowing from the bank. Our professional trustee and pension administration services are designed to make sure that the scheme complies with all regulatory requirements.

Signature: Signature is our market innovation designed to purchase and administer tenanted, single-lease properties efficiently. We've called this process Signature as after some initial decisions by the client, all that is required is a signature. To find out whether a property qualifies for our Signature service and how much it may cost, you can access our Property Evaluation tool at: http://hornbuckle.co.uk/signature-wizard

Investment Selector tool: Understanding what can and cannot be invested in a self-invested pension and how those investments are treated is not always clear. Not at Hornbuckle. We've created the 'Investment Selector', a web-based interactive tool that provides a quick and simple reference guide for the wide range of investment types that we permit. You can access the tool on our website at www.hornbuckle.co.uk

Contact Information

Address:
Hornbuckle
Tyman House
42 Regent Road
Leicester
LE1 6YJ

If you require further information, or you would like to discuss in greater detail how we can help you and your client, then please get in touch with our dedicated Sales Support Team on:

Phone: 0844 967 1800
Email: sales@hornbuckle.co.uk

You can find further information on our products and series, as well as application forms and other supporting material in the literature section of our website at: www.hornbuckle.co.uk

Barnett Waddingham

http://www.barnett-waddingham.co.uk/

The Barnett Waddingham Flexible SIPP is a versatile product combining the benefits of a ‘lite’ SIPP with the wider options and full service of a bespoke SIPP if required. It provides maximum flexibility in planning for, and drawing benefits in, retirement.

IPM SIPP Administration Ltd

http://www.ipm-pensions.co.uk/

Established in 1999, IPM is a privately owned, bespoke SIPP provider that offers technical and personable support to our clients and introducers.

Yorsipp Limited

http://www.yorsipp.com/

Yorsipp has been developed to provide clients with the administration and technical support to allow them to utilise the full range of opportunities of their Self Invested Personal Pension and/or their Small Self-Administered Scheme.