In accordance with the Sustainable Finance Disclosure Regulation (‘SFDR’), we inform you that when providing advice on insurance-based investment products/Investments, we do not assess, in addition to relevant financial risks, relevant sustainability risks as far as this information is available in relation the products proposed/advised on. This means that we do not assess environmental, social or governance events/conditions that, if they occur, could have a material negative impact on the value of the investment.
Considering Principal Adverse Impacts on sustainability factors in the advice:
When providing advice on insurance-based investment products (‘IBIPs’) or investment advice we do not consider the impacts of our advice that result in negative effects on sustainability factors (namely environmental, social and employee matters, respect for human rights, anti-corruption and anti-bribery matters) because due to our size and the type of business we transact we have determined that carrying out this assessment for clients who have not sought advice on this particular issue would be disproportionately time consuming. Currently there is limited relevant products on the market which meet these criteria. At this time the firm does not intend to consider such impacts in the future, unless of course this is required by legislation.
Impact on Return
We have not assessed the likely impacts of sustainability risks on the returns of Investment/Pensions since we have not been able to identify any sustainability risks that are relevant. Sustainable Finance Disclosures will be contained in the documents issued by the relevant product provider.