   
 |
Please read the following
information before continuing. Clicking on the "Proceed"
link at the
end of this page to
obtain a printable application form indicates that you have read and
understand the information on this page.
|
 |
About Our
Services |
| Bridgend
Financial |
9 Stirling
Road, Dunblane, FK15 9EP |
1. The
Financial Services Authority (FSA)
The
FSA is the independent watchdog that regulates financial services. It
requires us to give you this document. Use this information to decide
if our services are right for you.
2. Whose
products do we offer?
| Investment |
|
 |
We
offer products from the whole market |
 |
We
only offer products from a limited number of companies |
|
We
only offer products from a single group of companies |
| Insurance |
|
|
We
offer products from a range of insurers |
|
We
only offer products from a limited number of insurers |
|
We
only offer products from a single insurer |
| Mortgages |
|
|
We
offer mortgages from the whole market |
|
We
only offer mortgages from a limited number of lenders |
|
We
only offer our own mortgages |
3.
Which service will we provide you with?
| Investment |
|
|
We
will advise and make a recommendation for you after we have assessed
your needs |
|
You
will not receive advice or a recommendation from us. We may ask some
questions to narrow down the selection of products that we will provide
details on. You will then need to make your own choice about how to
proceed |
|
We
will provide basic advice on a limited range of stakeholder products
and in order to do this we will ask some questions about your income,
savings and other circumstances but we will not:
¤ Conduct a full assessment of your needs;
¤ Offer advice on whether a non-stakeholder
product may be more suitable
|
| Insurance |
|
|
We
will advise and make a recommendation for you after we have assessed
your needs for all types of Insurance products |
|
You
will not receive advice or a recommendation from us we may ask some
questions to narrow down the selection of products that we will provide
details on. You will then need to make your own choice about how to
proceed |
| Mortgages |
|
|
We
will advise and make a recommendation for you after we have assessed
your needs |
|
You
will not receive advice or a recommendation from us. We may ask some
questions to narrow down the selection of products that we will provide
details on. You will then need to make your own choice about how to
proceed |
4. What will
you have to pay us for our services?
| Investment |
|
|
Before
we provide you with advice, we will give you our keyfacts guide 'about
the cost of our services' |
|
We
will tell you how we get paid, and the amount, before we carry out any
business for you |
| Insurance |
|
|
No
fee we will receive commission from the provider |
|
A
fee |
| You will receive a quotation
which will tell you about any other fees relating to any particular
insurance policy. |
| Mortgages |
|
|
A
fee for mortgage advice may be payable. This would typically be
£250 on application. However, we will discuss your payment
options with you and confirm the actual amount payable before we begin
to provide our service. |
|
No
fee. We will be paid by commission from the lender |
|
A
fee of £295 on application. We will also receive commission
from the lender |
|
A fee of equivalent to 0.5% of
the loan amount. For example on a Mortgage of £100,000 the
fee would be £500, any commission we received from the lender
will be offset against this amount |
| You will receive a key facts
illustration when considering a particular mortgage, which will tell
you about any fees relating to it. |
| Refund of fees |
| If we charge you a
fee, and your mortgage does not go ahead, you will receive: |
|
No
refund if you decide not to proceed |
|
A
full refund if the lender rejects your application |
5. Who regulates us?
Bridgend Financial
is authorised and regulated by the Financial Services Authority.
Bridgend Financial FSA register number is 454741.
Bridgend
Financial permitted business is advising are advising on and arranging
savings and investments products, pensions, mortgages and
non-investment Insurance contracts.
You can check this on the
FSA’s Register by visiting the FSA’s Website
www.fsa.gov.uk/register/ or by contacting the FSA on 0845 606 1234.
6.
What to do if you have a complaint
If you wish to register a
complaint, please contact us:
in writing:
|
Write
to the Mr Charles Duncan , Bridgend Financial, 9 Stirling Road,
Dunblane, FK15 9EP |
| by phone: |
Telephone
01786 824763 |
7.
Are we covered by the Financial Services Compensation
Scheme
(FSCS)?
We are covered by the FSCS.
You may be entitled to compensation from the scheme if we cannot meet
our obligations. This depends on the type of business and the
circumstances of the claim.
| Investment |
Most
types of investment business are covered for 100% of the first
£30,000 and 90% of the next £20,000 so the maximum
compensation is £48,000.
|
| Insurance |
Insurance
advising and arranging is covered for 100% of the first
£2,000 and 90% of the remainder of the claim, without any
upper limit.
|
| Mortgages |
Mortgage
advising and arranging is covered for 100% of the first
£30,000 and 90% of the next £20,000 so the maximum
compensation is £48,000. |
Further
information about compensation scheme arrangements is available from
the FSCS.
|
|
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