It is strongly recommended that anyone interested in becoming self-certified should seek professional financial advice to ensure that they understand the additional risks involved before applying.
Statement for Certified High Net Worth Individual(Financial Promotions)
I declare that I am a certified high net worth individual for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001. I understand that this means:
( a ) I can receive financial promotions that may not have been approved by a person authorised by the Financial Services Authority;
( b ) the content of such financial promotions may not conform to rules issued by the Financial Services Authority;
( c ) by signing this statement I may lose significant rights;
( d ) I may have no right to complain to either of the following
- the Financial Services Authority; or
- the Financial Ombudsman Scheme;
( e ) I may have no right to seek compensation from the Financial Services Compensation Scheme.
I am a certified high net worth individual because at least one of the following applies
( a ) I had, during the financial year immediately preceding the date below, an annual income to the value of £100,000 or more;
( b ) I held, throughout the financial year immediately preceding the date below, net assets to the value of £250,000 or more. Net assets for these purposes do not include
- the property which is my primary residence or any loan secured on that residence;
- any rights of mine under a qualifying contract of insurance within the meaning of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001; or
- any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled.
I accept that I can lose my property and other assets from making investment decisions based on financial promotions.
I am aware that it is open to me to seek advice from someone who specialises in advising on investments.
