This important information should be read carefully as it contains the terms and conditions of this website and also important regulatory information and risk warnings.
Site Information
We take all reasonable care to ensure information contained on the pages of this site is accurate however we give no guarantee to the accuracy and completeness of the information or to any errors and omissions that may occur due to circumstances beyond our control. We reserve the right to change the content of the pages of this site without prior notice.
We accept no responsibility for the content or accessibility of any other sites that can be accessed by hyperlink from this site. Any link to third party sites is for information purposes only and we do not endorse these sites.
This site may be temporarily unavailable or restricted. We shall not be liable to you for any losses occurring due to the loss of availability of this site.
Firm Information
Turcan Connell is a Scottish Partnership regulated by The Law Society of Scotland. Registered office Princes Exchange, 1 Earl Grey Street, Edinburgh, EH3 9EE.
Turcan Connell Asset Management Limited is authorised and regulated by the Financial Conduct Authority, reference number 550227. Registered office Princes Exchange, 1 Earl Grey Street, Edinburgh, EH3 9EE.
Saltire Trustees International Trust Services is the trading name of Saltire Trustees (Overseas) Limited, which is regulated by the Guernsey Financial Services Commission and which holds a fiduciary license under The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law, 2000. Registered office Borough House, Rue Du Pré, St Peter Port, Guernsey, GY1 1EF.
Saltire Fiduciaire Sàrl is regulated by Association Romande des Intermédiaires Financiers (ARIF). Registered office; Rue de Villereuse 22, 1207 Genève, Switzerland.
VT Turcan Connell Balanced Fund, VT Turcan Connell Income Fund and VT Turcan Connell Absolute Return Fund are the available funds of V T Turcan Connell Investment Funds an Investment Company with Variable Capital (ICVC) authorised by the FSA, reference number 190667. Turcan Connell Asset Management Limited is the Investment Manager for the VT Turcan Connell Investment Funds. Valu-Trac Investment Management Limited is the Authorised Corporate Director for the funds.
Risk Warnings
Information provided on this site and any opinions expressed are for general use and not personal to your circumstances, nor are they intended to provide specific legal or financial advice. No information on this site should be viewed as an offer or recommendation to dispose of or acquire any investment or undertake any specific transaction. If you are unsure as to the suitability of any investment you should contact a financial planner who will provide tailored advice.
All information provided is based on our understanding of current legislation which is subject to change.
You should remember that the value of investments and the income derived from them may fall as well as rise and you may not get back the full amount you invest. Past performance is not a guide to future performance. Taxation is based on individual circumstances and is subject to change.
Conflicts of Interest Policy Summary
Turcan Connell Asset Management Limited's policy is to avoid any conflicts of interest between itself and its associates on one hand and its clients on the other. In the event of such a conflict arising, it will always put the interests of the client first.
If there is a conflict between two or more clients, the company will act in the most fair and equitable way it can. For example, client orders for the same security will be dealt with in the order they are received, except in exceptional circumstances, such as when an aggregated order may be in the best interest of clients.
If you would like to see a copy of the full Conflicts of Interest Policy please contact your financial planner or investment manager.
Intellectual Property
All rights to use the content of this site belong to the Turcan Connell Group and any unauthorised use, including transmission, extraction, modification and distribution is strictly prohibited. You may not reproduce part or all of the content of this site in any form unless it is for personal use.
Pillar 3 Remuneration Code Disclosures
As Turcan Connell Asset Management Limited ("the Company") is authorised and regulated by the Financial Conduct Authority it is subject to the FCA rules on remuneration. The FCA's Remuneration Code ("the Code") applies to certain individuals' total remuneration, both fixed and variable.
The Company's policy is designed to ensure that it complies with the Code and therefore that its compensation arrangements:
(i) are consistent with and promote sound and effective risk management;
(ii) do not encourage excessive risk taking;
(iii) include measures to avoid conflicts of interest; and
(iv) are in line with the Company's business strategy, objectives, values and long-term interests.
Proportionality
The Company falls within the FCA's fourth proportionality tier and as such this disclosure is made in line with the requirements for a Proportionality Tier 4 firm.
Application of the requirements
The Company is required to disclose certain information on at least an annual basis regarding its remuneration policy and practices for those staff whose professional activities have a material impact on the risk profile of the Company. This disclosure is made in accordance with the Company's size, internal organisation and the nature, scope and complexity of its activities.
1. Summary of information on the decision-making process:
(a) The Company's policy has been agreed by senior management in accordance with the Code's principles.
(b) The Company has in place an independent remuneration committee.
(c) The Company's policy will be reviewed as part of an annual process or following a significant change to the business requiring an update to its internal capital adequacy assessment.
(d) The Company's ability to pay bonuses is based on the performance of the Company overall and is based on the Company's actual results for the year in question adjusted for any need to retain resources to meet regulatory capital requirements or for business development.
2. Summary of how the Company links between pay and performance:
The Company's remuneration policy is linked to the performance of the Company as a whole, each department and of individual employees. Individuals are rewarded on an assessment based on their contribution to the overall strategy and achievement of the business taking into account factors including, where appropriate:
a. investment management
b. operations
c. client interaction including business development
d. overall performance, reliability and effectiveness
3. Aggregate remuneration of Code Staff:
As a new company Turcan Connell Asset Management Limited is not yet able to provide the annual remuneration of code staff.