High Net Worth Individual

Statement for Certified High Net Worth Individual

I declare that I am a certified high net worth individual for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.

I understand that this means:

  1. I can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority;
  2. the content of such financial promotions may not conform to rules issued by the Financial Conduct Authority;
  3. by signing this statement I may lose significant rights;
  4. I may have no right to complain to either of the following –
  5. the Financial Conduct Authority; or
  6. the Financial Ombudsman Scheme; and
  7. I may have no right to seek compensation from the Financial Services CompensationScheme.

I am a certified high net worth individual because at least one of the following applies:-

  1. I had, during the financial year immediately preceding the date below, an annual income to the value of £100,000 or more; or
  2. I held, throughout the financial year immediately preceding the date below, net assets to the value of £250,000 or more. “Net Assets” for these purposes do not include:-
    (i) the property which is my primary residence or any loan secured on that residence;
    (ii) (any rights of mine under a qualifying contract of insurance within the meaning of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001(a); or
    (iii) any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled.

I accept that I can lose my property and other assets from making investment decisions based on financial promotions. I am aware that it is open to me to seek advice from someone who specialises in advising on investments.