How we hold your assets and keep them safe

Remember the value of investments can fall as well as rise. You may not get back what you invest. If you’re not sure about investing, seek independent advice.

Individual Segregated Custody (CSDR Article 38)

The Central Securities Depositories Regulation (CSDR) is one of the key regulations adopted in the aftermath of the global financial crisis to keep your assets safe.

CSDR has now introduced a requirement for us to offer you individual customer segregation – referred to hereafter as individual segregated custody.

Currently assets you hold in your Smart Investor Investment Accounts are held in our name in a nominee account along with the assets of other clients – known as omnibus or pooled custody - either directly with a Central Securities Depository (CSD) or with a Custodian.

In an Individual Segregated Custody Account your assets will still be held in our name but will be segregated from the assets of our other clients.

To open an Individual Segregated Custody Account you need to have an existing Smart Investor ISA or Investment Account and a Direct Debit already in place.

How much does this account cost?

There is a charge of £650.00 per month for this service.

How can I find out more?

If you would like further information on our Individual Segregated Custody Account, you can download our Individual Segregated Custody brochure. [PDF, 531KB]

Alternatively, you can call us on 0800 279 3661 or 0141 352 3919 if you have any questions or would like us to send you a brochure and an application form by post.

If you are unsure whether this product is suitable for you, please seek independent financial advice.

Article 38(6) CSDR Disclosure

For details of the Article 38(6) Disclosure, please download the CSDR Disclosure document. [PDF, 471KB]