INVESTMENT BOND SUITABILITY QUESTIONNAIRE

Transcription

1 INVESTMENT BOND SUITABILITY QUESTIONNAIRE We want t give yu the best financial advice. T d this, we will ask yu sme detailed questins t help us understand yur circumstances and bjectives. This will enable us t give yu the mst apprpriate advice fr yur aims and needs. All infrmatin will be treated in the strictest cnfidence 1

2 PERSONAL DETAILS Surname First Names Salutatin Address Pstcde Telephne (Hme) Telephne (Mbile) Male/Female Marital Status Date f Birth Are yu in gd health? Natinality Are yu UK Resident? Yes/ N Yes/ N OCCUPATION AND INCOME DETAILS Occupatin Are Yu Emplyed? Yes/ N Yes/ N Grss Basic Salary Bnus / Cmmissin / Other Are yu self-emplyed? Yes/ N Yes/ N Estimated Net Relevant Earnings Are yu retired? Yes/ N Yes/ N Pensin Incme Other Incme (e.g. Investment, Savings, Child Benefit etc) Ttal Grss Incme Are yu a nn/basic/higher/ additinal rate taxpayer? D yu anticipate yur future incme will increase/ decrease/ remain the same? nn/basic/higher/ additinal increase/ decrease/ remain the same nn/basic/higher/ additinal increase/ decrease/ remain the same 2

3 ASSETS Cash Depsits/Savings TOTAL Cash/Current Accunt Cash/Current Accunt ISA s/pep s Building Sciety Accunt Other Savings Accunt D yu have sufficient savings t act as an emergency fund? If s please clarify hw much yu will have in savings after yu make yur prpsed investment. Have yu used yur ISA allwance(s) fr the current tax year? Yes/ N Yes/ N Yes/ N Yes/ N Unit Trusts/Investment Trusts/PEP s/isa s/bnds (if substantial, please attach schedule) Shares (if substantial, please attach schedule) TOTAL ASSETS D yu require yur existing investment prtfli t be reviewed fr suitability by us? Yes/ N Yes/ N 3

4 MONTHLY OUTGOINGS TOTAL Ttal Mrtgage Liabilities Rent Maintenance Lan 1 Lan 2 Other frms f credit, brrwing r debts Credit Cards Ttal Dmestic Bills e.g. Cuncil tax, utilities, general insurance etc Ttal Regular Premiums Living Expenses Hlidays Car Csts Educatin Nursing Hme Fees Other TOTAL MONTHLY OUTGOINGS Any changes in incme & expenditure anticipated? ESTATE PLANNING Estimate f Current IHT bill - - D yu require advice n trusts? Yes/ N Yes/ N 4

5 FINANCIAL OBJECTIVES Please cmplete the whle f this sectin t evaluate yur bjectives and their relative imprtance KEY : 1. High Pririty Advice will be ffered nw 2. Nt a Pririty Advice will nt be ffered SAVINGS & INVESTMENT Build up capital; fr the future Lump sum investment fr grwth Lump sum investment fr incme Lump sum investment fr a balance f incme & grwth PROTECTION Prvide funds in the event f death Prvide fund in the event f a permanent disability Prvide funds in the event f a critical illness Replace incme in the event f an accident RETIREMENT Prvide an incme in retirement Prvide fr an early retirement HOUSE PURCHASE Immediate huse purchase Early repayment f mrtgage Remrtgage OTHER Reducing & prviding fr Inheritance Tax Other What financial bjective are yu hping t achieve by investing in a bnd? Are any regular withdrawals needed? If s, will these exceed 5% per annum? Wuld yu want this incme t be guaranteed? What is the surce f yur prpsed new investment? ie. Savings/ surrender f existing investment/ ther? Have yu been advised by us t encash, surrender r alter any investment prduct? Hw lng d yu prpse t hld yur investments fr? D yu have any preferences fr which prduct prvider yu wish t use fr yur investment bnd? If s, what made yu favur this prvider? 5

6 ATTITUDE TO RISK & KNOWLEDGE OF INVESTMENTS Hw d yu estimate yur Knwledge f investment? N Knwledge Mderate Knwledge Cnsiderable N Knwledge Mderate Knwledge Cnsiderable D yu wish t minimise risk by diversificatin? Yes N Yes N Rating Client 1 Client 2 Risk/ Reward Futures Unquted Stck Venture Capital Trusts Single Cmpany Stck Emerging Markets Far East excl. Japan Far East incl. Japan Japanese Funds UK Smaller Cmpanies Funds Nrth American Funds Eurpean Equity Funds UK Equity Grwth / Incme Funds Tracker Funds Managed Funds Cautius Managed Funds With Prfits Gilts & Fixed Interest Cash Banks / Building Scieties / Natinal Savings High Medium High Medium 9-12 Medium Lw 5-8 Lw 1-4 6

7 T ensure that yur prpsed new investment has an asset allcatin which is cmmensurate with yur risk tlerance, we need t establish hw much investment vlatility and risk yu are prepared t accept. Please answer the questins belw which will help us determine which investment funds wuld be apprpriate. 1. The amunt f mney that yu have in savings and ther investments amunts t: Nthing Negligible amunts At least 3 mnths salary At least 6 mnths salary Over 12 mnths salary 2. Please indicate yur respnse t the fllwing statement- Apart frm my investment prtfli, I have enugh mney t meet majr expenses ver the next 12 mnths.. I strngly disagree I disagree I neither agree nr disagree I agree I strngly agree 3. Nt including yur residential prperty, what percentage f yur verall assets are yu cnsidering investing nw? Mre than 75% Between 50% and 74% Between 25% and 49% Between 10% and 24% Less than 9% 4. Please indicate the phrase which best describes yur investment bjective: I am cautius and dislike risk, preferring guarantees and predictable returns. I d nt feel happy with investments in stcks and shares. I accept this is likely t mean a lwer level f grwth t my investment fund. I d nt want t lse any mney. Security is the mst imprtant factr fr me. I am prudent in my utlk. Althugh guarantees have an attractin, I am willing t accept a limited expsure t mre risky investments. I wuld accept a limited degree f fluctuatin in the value f my fund, in exchange fr the ptential f imprved medium t lnger -term returns. Hwever, I still feel that the safety f my investment is imprtant. I regard myself as a balanced investr. The ptential fr higher returns that may be achieved by investing in wrld stck markets is mre attractive t me than the lwer grwth ptential that mre secure funds culd ffer. I am prepared t accept sme fluctuatin in the value f my fund. I understand that I culd lse mney, but I am seeking a balance between safety and investment grwth. I am prepared t accept a higher than average degree f risk with my investment fund in the hpe f achieving abve average lnger term returns. I am willing fr this investment t be invested mre speculatively and understand that the perfrmance f such funds may be vlatile, particularly ver the shrter term. I regard myself as an adventurus investr. I am prepared t cnsider all f my investment as being speculative and am prepared t accept a high degree f risk, fr the ptential f achieving abve average lnger term returns. I understand the perfrmance f such investments may be extremely vlatile. 7

8 5. If yu had an investment prtfli which was valued at 100,000, hw large a drp in it s value wuld yu be prepared t tlerate befre changing yur hldings? Up t 5%. I wuld nt be prepared t see my prtfli drp t less than 95,000. Between 6%-10%. I wuld nt be prepared t see my prtfli drp t less than 90,000. Between 11%-20%. I wuld nt be prepared t see my prtfli drp t less than 80,000. Between 21%-30%. I wuld nt be prepared t see my prtfli drp t less than 70,000. N amunt f lsses wuld make me change the asset allcatin f my investment prtfli. 6. Fluctuatins in the value f yur prtfli may lead t better lng-term values. Which f the fllwing statements best describes yur attitude twards these shrt-term ups and dwns? Minimising the risk f my investments lsing value is essential. I am prepared t accept lwer lng term grwth assciated with cnservative investments. I am prepared t accept a degree f shrt term reductins in value f my investment in return fr imprved prspects f lng term grwth ptential. Hwever, I still prefer the majrity f my investments t be relatively free f higher rates f fluctuatin. Seeking higher, lng-term returns is imprtant t me. I am prepared t accept substantial drps in value that may result in investing in less cnservative investments. My main bjective is t maximise lng-term investment grwth and I am willing t accept large, and smetimes dramatic, shrt term drps in value t achieve this. 7. If yu had invested 50,000 ne year ag and saw the value f yur investment reduce t 42,000, yu wuld... Sell all f the fund and re-invest the prceeds in a safer investment. Sell part f the fund and re-invest the prceeds in a safer investment. Nt sell the investment, but hld it in the hpe that the value will imprve. Buy mre units in the fund, having identified what yu cnsider t be a buying pprtunity. Sell the fund and buy a mre risky ne, in the hpe f re-cuping yur lsses. 8. If yur entire investment prtfli (nt just any prpsed new investment) lst mney ver the next 12 mnths, wuld yu sell yur investments and invest the prceeds mre cnservatively? Yes N Is ethical investment an issue yu wish t cnsider? Any majr changes in circumstances anticipated? Yes/ N Yes/ N If yes, please clarify: Yes/ N Yes/ N If yes, please clarify: D yu want the capital value f yur prpsed new investment t be guaranteed? Are yu lking t invest in an nshre r ffshre bnd? Yes/ N Onshre/ ffshre/ dn t knw Yes/ N Onshre/ ffshre/ dn t knw 8

9 In the last ten years have yu held any f the fllwing: Shares Yes/ N Yes/ N Stcks and shares ISA Yes/ N Yes/ N Unit Trusts/ Investment Yes/ N Yes/ N Trusts/OEICs Structured Investment Prduct Yes/ N Yes/ N Any ther type f investment Yes/ N Yes/ N DATA PROTECTION Axxis Financial Planning Ltd will be string infrmatin frm this dcument n a cmputer and may wish t write t yu infrming yu f ther prducts and services. If, hwever, yu DO NOT wish t benefit frm this service, please tick this bx. Affrdable Expenditure I/We cnfirm the fllwing is affrdable nw, and fr the freseeable future CLIENT 1 Regular Single CLIENT 2 Regular Single JOINT Regular Single DECLARATION I/We cnfirm that the infrmatin recrded is accurate t the best f my/ur knwledge. I/We understand that in the event f my/ur being unwilling t prvide certain details Axxis Financial Planning may nt be able t ffer me/us the best advice. The advice given will be based n the infrmatin prvided. Client 1 Signature: Date: / / Client 2 Signature: Date: / / 9