INTRODUCING FINANCIAL PLANNING TO YOUR CLIENTS

in partnership with

Wren Sterling is a forward-thinking and confident UK-wide independent financial advisory business, founded in 2007. We navigate our clients through often complex markets that change frequently, by taking the time to understand their unique situation and advise from a completely independent standpoint. In the personal finance market, Wren Sterling specialises in all aspects of savings, investments and retirement planning, while our advisers are committed to developing long-standing client relationships that span generations.

In the corporate space, we’re experts in pensions, including Auto Enrolment, workplace benefits and protection and we’re privileged to work with some of the UK’s biggest corporates as well as the SMEs that provide the heartbeat to the UK economy.

Although our headquarters are in London, our network of regional offices gives us a truly national reach, allowing us to offer uncompromised financial advice through hundreds of experienced, passionate and client-focused financial advisers based across the UK.

Until March 2015 Wren Sterling was known as Towergate Financial, when it was acquired in a management buyout by Palatine Private Equity from its previous owner, the Towergate Insurance Group.

ABOUT WREN STERLING

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At Wren Sterling, we know clients come in all shapes and sizes. But when it comes to financial planning, both your clients and our own have at least one thing in common. They rely on experts. When it comes to getting the right Financial Advice, your clients should expect independence, professional and ethical standards, expertise and experience. If they have asked you to point them in the right direction, it is imperative both you and your client can trust the organisation you choose.

Wren Sterling has been selected by 2020 Innovations as its preferred corporate and private client Independent Financial Adviser. This relationship provides you with the opportunity to offer important additional services to your clients, as well as providing an excellent source of additional income and/or discounted client fees. As an authorised introducer to Wren Sterling we will work together to build long term relationships.

OUR APPROACHOur people’s expertise, talent and knowledge mean we offer unrivalled financial planning and execution. We understand that every client will have varying needs. We tailor our service to meet clients requirements, from those with uncomplicated financial affairs and investments to those with larger sums, or with more complicated lives and objectives.

Our service depends on a close understanding of your client’s circumstances, attitudes and future goals. We bring our full technical and professional firepower to address clients’ requirements and continually review with them.

BECOME AN INTRODUCER TO WREN STERLING

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We promise to:

Contact a client within one business day of receiving an instruction

Ensure that following the client meeting we provide an update outlining the discussions

Agree with the client a service and contact strategy in line with our proposition, issue all regulatory disclosure documents and gain client’s written permission to proceed

Prepare and issue a report and recommendations for the client and email you with a brief summary, with your clients consent

Send you a transaction summary following completion of the case

At Wren Sterling service is everything. We expect that you will see this at every stage of our involvement with you. If you do have feedback, then you can contact our business development team to discuss at any point.

Contact information is at the back of this brochure.

For further information on our products and services please contact enquiries@wrensterling.com

OUR SERVICE COMMITMENT

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Business Protection

Director/Owner Pension Planning

Relevant Life Cover

Commercial Property Lending

Group Pension Schemes

Establishment, Communications &

GovernanceEmployee Benefits

Group Life, Income Protection,

Health

CORPORATE FINANCIAL PLANNING

PERSONAL FINANCIAL PLANNING

Wealth Management

Personal Protection

Later Life Planning Pre/Post

Retirement Advice

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FOR TODAY...Investment OptionsTraditionally investments were recommended solely on the grounds of performance or return. This approach fails to take in to account two crucial factors in recommending and managing an investment portfolio. Volatility of the investments (or portfolio risk) and underlying costs of the portfolio are vital parts of a successful strategy.

We use our leverage to source well priced and well run solutions from the whole of the market. In addition we have built some bespoke Multi Asset Portfolios.

All of this activity is governed by our Group Investment Committee.

SIPPsMany clients will have accumulated pension assets throughout their lives, some they will have even forgotten about. We will work with them to establish if they can achieve financial savings, greater risk control and a more practical approach to management.

Some of your clients will want complete control of their pension then that’s where Self Invested Pensions Plans (SIPPs) can come in. They offer the highest degree of choice and flexibility of any UK personal pension scheme. We can assess whether this type of pension arrangement can be suitable for them or their business.

FOR TOMORROW...Later Life PlanningRealising the need for long-term care is not something we all want to face, however it’s essential to get the right care advice straight away for you or your loved ones when you realise you require it.

If you don’t get the right care advice when you realise you need care, you or your loved ones could use what resources you have to fund the care, putting your home and other savings and possessions at risk. If funds run out it could mean moving to a cheaper home and there may not be enough left in the pot to buy an Immediate Needs Annuity to cover the rest of the care fees.

Getting specialised advice from a suitably qualified adviser is critical as the financial and legal framework for the funding of care is very complex. Our advisers who are accredited by the Society of Later Life Advisers are experts in this field and have to follow stringent guidelines to maintain our accreditation.

A FOCUS ON SOME OF OUR SERVICES

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Auto EnrolmentAuto enrolment is not just a pension issue; it impacts HR, payroll and finance functions in many ways. For many organisations the process could be costly and resource intensive. Being ready to comply with auto-enrolment could be a journey of considerable length; the impact is so much more than just extra pensions’ cost.

Early preparation is critical to ensure the changes required to systems, processes and communication material are identified and effectively addressed. A qualified professional adviser will help your client’s business to deliver a comprehensive auto enrolment solution, ensuring they meet their obligations, mitigate as much cost and risk as possible, and deliver exceptional value to the business.

We can help identify any changes in areas such as contribution levels, differences in requirements between new and existing members, and default investment fund. Current schemes may have barriers to joining, e.g. probation periods or age limits that need to be removed.

Wren Sterling can help you assess your client’s scheme and identify where changes are required. We work with your clients to create a long term governance plan and help them embed this in the years to come.

We highly recommend taking advice sooner rather than later as only a small number of advisers are able to deal with this issue.

Inheritance Tax PlanningInheritance Tax (IHT) is seen as one of the least popular taxes and affects an ever increasing number of estates each year. IHT can be an onerous tax where assets left on death in excess of the Nil Rate Band (NRB) will be subject to tax at 40%. For unmarried partners the effect of IHT can be devastating, and therefore advice should be sought.

By careful planning the effect of IHT can be significantly reduced and in many cases removed altogether. There are various exemptions and allowances available that are not taken into account when assessing an estate for IHT. These exemptions and allowances are effective but often, on their own, are insufficient to deal with the whole problem.

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WORKING WITH US

FEE SHARING ARRANGEMENTS

By working closely with Wren Sterling you can create an outstanding value added proposition for clients. Finding the right wealth management structure in a practice is essential and we believe we have this ready-made for your business.

Half our business is financial planning and advice. The other half is putting client plans into action – creating and maintaining a strategy that enables your clients to achieve their goals.

• Our local advisers will work closely with you to maximise your Wealth Management offerings to clients

• We provide regular educational and marketing material designed for 2020 members for you to distribute to clients

• We provide comprehensive employee benefit advice including bespoke Auto Enrolment services

All Wren Sterling advisers agree fees upfront with your clients before they undertake any planning.

Of fees earned at the beginning and over the life time of any solution, 20% of all income generated will be paid to you which will increase the ultimate value of your business.

Of course you may choose to rebate this to the client in whole or in part.

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HOW TO REGISTER AS AN INTRODUCER

Start here

To take advantage of this relationship and offer an additional service to your clients, we need to register your accountancy practice, as an introducer. The current status of your firm enables us to register you correctly. Please use the flow diagram below to discover which application form we need you to complete.

You will find the application forms in the sleeve at the back of this pack and also at www.2020wealthmanagement.com

Is your firm registered with a Designated Professional Body

(DPB) e.g. ICAEW, ACCA, ICAS?

Are you registered as exempt from Financial Conduct Authority (FCA)

regulated business?

You can apply to Wren Sterling under an FCA Exempt Introducer

(EI) application

You can apply to Wren Sterling as an Introducer Appointed

Representative (IAR)

You can apply for exemption with your DPB and once registered then proceed with Wren Sterling on an

Exempt Introducer (EI) basis

You can apply as an Introducer Appointed Representative (IAR)

YES

YES

NO

NO

NO

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GET IN TOUCH

We have a national footprint with 8 main offices across the UK; • Glasgow• Leeds• Halifax• Nottingham• Warwick• Grantham• London• Milton Keynes

Wren Sterling 5th Floor, Cutlers Exchange 123 Houndsditch London, EC3A 7BU

 +44 (0)870 143 2100  enquiries@wrensterling.com  www.wrensterling.com

 wren-sterling    /wrensterling @wrensterling

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Wren Sterling 5th Floor, Cutlers Exchange 123 Houndsditch London, EC3A 7BU

 +44 (0)870 143 2100  enquiries@wrensterling.com  www.wrensterling.com

 wren-sterling    /wrensterling @wrensterling

This document is for information purposes only and does not constitute advice.

The value of investments can go down in value as well as up, so you could get back less than you invest.

Wren Sterling is a trading name of Wren Sterling Financial Planning Limited, which is authorised and regulated by the Financial Conduct Authority. The Financial Services Register number is 665653. Registered office: 5th Floor, Cutlers Exchange, 123 Houndsditch, London, EC3A 7BU. Registered in England No. 09157918.