If you have a financial adviser, they should be your first point of contact. However, if you wish to speak with Deepbridge directly please do not hesitate to call the Deepbridge Investor Relations Team.
Tel: 01244 746000
Please note that Deepbridge is not authorised to provide financial advice.
Please contact our Investor Relations Team on:
Tel: 01244 746000
In order for your Subscription in the Deepbridge Estate Planning Service to qualify for Business Relief, it is a requirement of HM Revenue and Customs that individual Subscribers are the beneficial owners of the shares. However, to enable efficient administration and prompt settlement of transactions, the shares that you beneficially own will be registered in the name of the custodian’s nominee company (Kin Capital Partners) which will hold them on your behalf.
Deepbridge Capital is not authorised to hold client money or securities. In order to make things simple and cost effective, Kin Capital Partners are appointed as the professional administrator and custodian for your Subscription. Kin Capital Partners is authorised and regulated by the Financial Conduct Authority.
You will be sent contract notes every time we buy or sell any investments on your behalf in the Deepbridge Estate Planning Service. In addition, you will be sent a formal valuation statement on a quarterly basis and an investor report at least annually.
Shares that are eligible for Business Relief must be held for a minimum of two years in order to be eligible for exemption from IHT. After this period, the portfolio should be retained in order to continue to benefit from the IHT exemption.
No. Please note that HMRC will only assess whether your investment is Business Relief qualifying upon death and not at the time that the investment is made. Therefore, legislation at the time of death will be the basis for assessment for Business Relief eligibility.
We anticipate that it will take approximately 21 days to invest your Subscription in the underlying Trading Companies. But the timeframe cannot be guaranteed.
During this time your money is held in a segregated client account operated by the appointed Custodian..
In the event of the death of a Subscriber, we will return any uninvested cash to the Executors less any retention needed to cover any future costs. Normal practice is to transfer any holdings into the names of the estate or the beneficiaries of the will, and proceeds will be returned to the beneficiaries over time as Subscriptions are realised. Subscriptions you have held for a minimum of two years are, under current legislation, exempt from Inheritance Tax.
Withdrawals will only be permitted by means of a Withdrawal Request Form submitted to the Manager in written form. Any gains on the withdrawal of your Subscription to the Service may be subject to Capital Gains Tax. Withdrawals may be executed by way of a sale of Shares from the exiting Subscriber to the Trading Company. Withdrawals will be executed with reference to the most recent share price at the time that the Withdrawal Request is processed. A dealing fee of 0.65% will be deducted from the sale proceeds, and the exiting shareholder will be required to meet any Stamp Duty that may be incurred.
The maximum amount that may be withdrawn by each Subscriber is 100% of the Subscribers holding, valued at the most recent share valuation as communicated by the Manager. Once a Subscriber withdraws his/her participation in full, they will be deemed to have exited the Service in entirety.
Subscribers must retain a minimum holding equivalent to the greater of either £50,000 or 75% of their Subscription in the Service, at all times. The minimum withdrawal permitted (without exiting in full) to be applied for per Subscriber, per year, is £25,000. The Investment Manager reserves the right to accept lower withdrawal amounts. Subscriptions made by the Manager are in unquoted companies and are therefore inevitably less liquid than listed shares. In particular, if there are a number of unusually large withdrawal requests, the fulfilment of such requests may take considerably longer than indicated above.
At all times, the Manager’s ability to facilitate Withdrawal Requests shall always be subject to liquidity constraints, is subject to the Manager’s discretion, and the terms of the Subscriber Agreement
Please call us on 01244 746000 or email email@example.com to request a brochure and we can send you a copy via email or through the post.
You can also download all our product brochures from our website, www.deepbridgecapital.com
Please note that you should seek advice from your financial adviser prior to making any investment decisions.
Deepbridge has established procedures in accordance with the FCA Rules for consideration of complaints. Details of these procedures are available on request. Should an investor have a complaint, they should contact Deepbridge.
You can call us on 01244 746000 or send an email to firstname.lastname@example.org
If Deepbridge cannot resolve the complaint to the satisfaction of the investor, the investor may be entitled to refer it to the Financial Ombudsman Service.
The Financial Ombudsman can be contacted on 0800 023 4567 or by email at email@example.com