Supporting you with Consumer Duty
We have created Proposition Summaries that contain all the information an adviser requires to conduct their assessment on Rathbones. We wanted to make an adviser’s life easier by putting all the information in one place. Proposition summaries exist for our Select, Managed and Bespoke solutions plus their sustainable investment Greenbank variants. They also exist for our Specialist Tax Portfolio Service.
The content of each summary document calls out five key elements:
- A headline summary statement to position who the product/service is aimed at.
- The key features and investment choices of the product/service, that will as importantly, state what features are not offered.
- Target market that firstly positions the minimum entry requirements i.e., the characteristics of the client, as well as their likely needs and objectives. We also detail any vulnerable client considerations.
- There is a fully transparent breakdown of total costs and charges incurred by a client. This includes both Rathbones fees and external costs – which are calculated on a MiFID II basis.
- Finally, the all-important confirmation that the product or service represents fair value when certain factors and key metrics were considered as part of our in-depth proposition reviews.
The intention is that the content of a Proposition Summary document will satisfy most adviser requests and hopefully these documents will present this information in a clearly understood and digestible format.
To obtain copies of the relevant Proposition Summaries for the products or services of Rathbone Investment Management, please fill in the form below and our team will be in touch to agree with you the documents required.
Alternatively, if you know the proposition you require this information for, these documents can be downloaded below. Note that different versions exist dependent on the operating model your firm works with Rathbones – Reliance on Adviser or Adviser as Introducer. Different versions also exist for our Greenbank-related products and services. If you are in any doubt, please complete the enquiry form and we will be in touch to assist.
Supporting documents:
- Bespoke for Advised Clients (AasI)
- Bespoke for Advised Clients (ROA)
- Bespoke for Advised US Taxpayer Clients resident in the UK (ROA)
- Bespoke Liquidity Only for Advised Clients (AasI)
- Bespoke Liquidity Only for Advised Clients (ROA)
- Managed for Advised Clients (AasI)
- Managed for Advised Clients (ROA)
- Select for Advised Clients
- Greenbank Bespoke for Advised Clients (AasI)
- Greenbank Bespoke for Advised Clients (ROA)
- Greenbank Bespoke for Advised US Taxpayer Clients resident in the UK (ROA)
- Greenbank Managed for Advised Clients (AasI)
- Greenbank Managed for Advised Clients (ROA)
- Specialist Tax Portfolio Service (ROA)
Supporting you with Consumer Duty