The Discount Club Limited is authorised to conduct investment business under the Financial Services & Markets Act 2000 and is regulated by the Financial Services Authority.

The Discount Club Limited is an independent adviser and will act on your behalf in arranging life assurance, pensions and investments from different companies on an execution only basis.

INVESTMENT SERVICES
The Discount Club Ltd is permitted to arrange (bring about) deals in investments. The particular investment types relate to life assurance, pensions, investments in authorised collective investment schemes, Unit Trust PEPs and ISAs.

With regard to investments which we have arranged for you, these will not be kept under review. We may contact you in the future by means of an unsolicited promotion should we wish to contact you to discuss the relative merits of an investment or service which we feel may be of interest to you.

The Discount Club Limited does not handle clients money. We never accept a cheque made out to us (unless it is a cheque in settlement of charges or disbursements for which we have sent you an invoice) or handle cash.

MATERIAL INTERESTS
The Discount Club Limited is permitted to arrange (bring about) deals in investments, but occasions can arise where we or one of our other clients will have some form of interest in business being transacted for you. If this happens or we become aware that our interests or those of one of our other clients conflict with your interests, we will write to you and obtain your consent before we carry out your instructions, and detail the steps we will take to ensure fair treatment.

TERMINATION OF AUTHORITY
You or we, may terminate our authority to act on your behalf at any time, without penalty. Notice of this termination must be given in writing and will take effect from the date of receipt. Termination is without prejudice to any transactions already initiated which will be completed according to these terms of business unless otherwise agreed in writing. You will be liable to pay for any transactions made prior to termination and any fees which may be outstanding.

FINANCIAL SERVICES COMPENSATION SCHEME
If you make a valid claim against The Discount Club Limited in respect of the investments we arrange for you and we are unable to meet our liabilities in full, you may be entitled to redress from the Financial Services Compensation Scheme, details of the cover provided by the Financial Services Compensation Scheme are given in a leaflet which we will send you at your request. Further information is available from the Financial Services Authority and the Financial Services Compensation Scheme.

COMPLAINTS
If you should have any complaint about the service you receive or a product you have bought please write to Martyn Laverick at The Discount Club Limited at (name & address and telephone number to be inserted). If following our subsequent investigation and response you are still not satisfied you may contact the Financial Ombudsman Service. Full details are contained within our internal complaints procedure, which is available to you on request at any time.

RIGHT TO WITHDRAW
In the case of a non packaged product ISA or Pep arranged we will inform you in writing of any right to withdraw or cancel you may have or, if it is the case, we will inform you in writing that no such rights will apply.

CLIENTS RISK
You are advised that because investments can fall as well as rise, you may not get back the full amount invested. Past performance is not necessarily a guide to future performance.

DISCLOSURE OF CLIENTS PERSONAL DATA
Where investment business services are provided to The Discount Club Limited by third parties then circumstances may arise which warrant the disclosure of more than just your basic contact details. On these occasions such as processing business, and obtaining compliance and regulatory advice you agree that personal information held by The Discount Club Limited may be disclosed on a confidential basis, and in accordance with the Data Protection Act 1998, to such third parties. You agree that this information may be transferred electronically, e.g. email. You also agree that ourselves or any such third party may contact you in future by any means of communication which we consider appropriate at the time.

PAYMENT FOR SERVICES

Fees
The only income we derive is from the annual fee and any transaction fee paid to us by the client (see tariff sheet).

Commissions
Any commission paid to us by life assurance companies and the operators of collective investment schemes through which investments are made will become the property of the client. If this commission can not be reinvested it will be returned to the client by cheque. This includes initial commissions, annual trail commission and renewal commission when fully earnt. We shall tell you the amount of commission payable to us on any such investment.

If we receive a commission or other form of benefit from the issuer of a security or from another intermediary, we will inform you, and we will tell you its amount which will then be sent to you.

In respect of any commission paid to you on any investment or policy that we have arranged for you, should you subsequently cease to pay premiums on the policy and in consequence we are obliged to refund commission that has been paid to you, we reserve the right to charge you a fee representing the amount of commission we have to repay, but we will not charge a fee if you exercise your right to cancel in accordance with the cancellation notice sent to you by the life company.

ACCOUNTING TO YOU
We will also make arrangements for all your investments to be registered in your name unless you first instruct us otherwise in writing. We will forward to you all documents showing ownership of your investments as soon as practicable after we receive them; where a number of documents relating to a series of transactions is involved, we will normally hold each document until the series is complete and then forward them to you.

CLIENTS CONSENT
I understand and consent to the above terms and I hereby authorise the transfer of information, as described above on a confidential basis when warranted between such third parties. I agree that the Terms of Business will come into effect from the date of issue.

Client Name(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Client signature(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Date of issue. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Discount Club Ltd
The Coach House
8a Fore Street
Trowbridge
Wiltshire
BA14 8HD

Tel : 01225 895252
Fax : 01225 760596
Email : enquiries@The-discount-club.co.uk