X hits on this document

23 views

0 shares

0 downloads

0 comments

11 / 15

international premier portfolio technical guide

Discretionary Manager

  • You can request the appointment of an authorised Discretionary Manager at any time to look after the holdings for your bond. If we agree to the appointment we will enter into formal legal agreements with the Discretionary Manager. If you wish to request the appointment of a Discretionary Manager, you must complete the Discretionary Manager and Custodian appointment form (IN85039) which is available on our website www.aviva.co.uk/international or from your Financial Adviser.

  • If we agree to appoint a Discretionary Manager to manage the investment they will:

  • provide investment expertise

  • manage some or all of the holdings for your

International Premier Portfolio

    • ensure that any holdings chosen comply with the guidelines and regulations of the bond.

    • buy/sell investments

    • provide us with statements of the discretionary managed holdings they manage.

  • If we have appointed a Discretionary Manager to manage the holdings a charge will be levied for this service. The charge will depend on the fee levied by the Discretionary Manager. This charge will be allowed for in the value of your discretionary portfolio.

  • You can request us to terminate the relationship with the Discretionary Manager at any time. Aviva reserve the right to terminate the Discretionary Manager appointment at any time.

Investment Adviser

You can appoint an authorised Investment Adviser at any time to look after the portfolio of funds by completing an Investment Adviser appointment form. Your Investment Adviser must be authorised, for example, by the UK FSA, Guernsey FSC, Jersey FSC or Isle of Man FSC.

  • Your Investment Adviser will have the power to change holdings on your behalf at any time.

  • An investment adviser fee may apply, as agreed between you and the investment adviser. For UK residents, HM Revenue & Customs treat this fee as a withdrawal from your policy and, as such, it will be part of your annual 5% tax deferred withdrawal allowance for tax purposes.

Benefits payable on death

  • When all the people insured have died, we’ll need written notice of death. When we agree the claim is valid, we’ll pay the death benefit to whoever is legally entitled to claim it.

  • We’ll pay a death benefit of 100.1% of the cash-in value of the bond.

nine

Document info
Document views23
Page views23
Page last viewedSat Dec 03 02:37:13 UTC 2016
Pages15
Paragraphs417
Words5347

Comments