Elevate Wrap Platform

Platforms work in a similar way to online banking systems. They let your financial adviser buy, sell and transfer investments quickly and securely online within and between different product tax wrappers.

Your financial adviser will work with you to find out your current financial circumstances and your future aims. Your adviser will then assess which product wrappers and investments could be right for you. Elevate will charge you for the operation of facilities through the platform. A full explanation of the charges can be found in the Elevate Charges Guide.

Product wrappers

They provide a framework governing how much money you can invest, what taxes apply to your money and how you can use the money e.g. for an income in retirement.

The product wrappers available through Elevate are:

• Elevate General Investment Account (Elevate GIA)
• Elevate Pension Investment Account (Elevate PIA)
• Elevate Stocks & Shares Individual Savings Account (Elevate ISA)

Elevate Cash is also available; it allows you to hold your money as cash outside of the product wrappers. Additionally you could use Elevate as the investment engine within your existing Offshore Bonds or Self Invested Pension Plan (SIPP) contracts.

You can find out more about the Elevate Cash account and the product wrappers available on Elevate from your financial adviser.

Investments

Investments are what you buy to hold in each product wrapper. Investments include stocks and shares and investment funds, such as unit trusts and Open-Ended Investment Companies (OEICs). You can find out more about the investments available on Elevate from your financial adviser.

Fund managers charge fees for managing your chosen fund investment. A full explanation of the charges can be found in the Elevate Charges Guide.

It’s important to remember that the value of investments can go down as well as up, and is not guaranteed. This means you could get back less than you invest.