ADVICE
The service we provide is unbiased and impartial
It is primarily limited to the planning and management of your savings and investments. It falls into the category of ‘Restricted’ under the Financial Conduct Authority rules. In our case this means that we do not advise on every possible type of financial product and have chosen not to operate in certain recognised high risk product areas. We concentrate on investments - as well as life and pension business where a client wishes us to do so.
We invest globally, preferring the medium of collectives - including OEICs, unit trusts, closed & open-ended investment companies, investment trusts, offshore and mutual funds. Not only does this approach result in a dilution of risk (collective investments typically invest in at least 60 to 70 individual stocks), it also allows us to delegate the stock picking to managers with proven track records in a particular market segment.
Our in-house fund rating model has regard for a fund’s performance, cost, consistency, volatility, management style and tenure, as well as third party research. We also monitor a very wide range of investment, life, and pension funds.
Investment portfolios are usually held within our Nominee service or as Investment Accounts on Wrap Platforms; ISA portfolios and some investment bonds and pension investments are ordinarily administered on Wrap Platforms in order to reduce client costs, optimising the available investment range and providing greater flexibility.
We regularly review the available Wrap Platform range and at any one time will recommend from the filtered range of providers that meet our criteria (e.g. currently including Abrdn Elevate, Abrdn Wrap, Fidelity, Quilter and Transact) according to which is most appropriate to a client’s situation and objectives.
Lacomp is directly regulated by the FCA and is not a member of any network or national selling organisation. We have no ties to any fund managers, investment houses, banks, product providers or any other financial institutions. Therefore, we can be completely unbiased in the advice and service we give to clients.