Your questions answered –
These are some of the most common questions we get asked about the Honister Investment Review Service and the completion of the Registration Form. If you have any further questions, or would like some advice about the registration process, please call Honister Free on 0800 0131 131.

Who carries out the Review Service?
The service is carried out by a dedicated team at Honister Partners Ltd - one of the UK’s leading independent investment advisers. The Research Team enjoys an excellent reputation, particularly with the national press who regularly contact Honister Partners for their expert opinion on matters of personal finance. Honister is part of Honister Capital.

How do you provide the Review Service without charging me a fee?
If you own a PEP, ISA, OEIC or Unit Trust fund you are almost certainly paying a charge to cover “trail commission” as part of the annual management charges applied automatically by the Fund Manager. This is normally around 0.5% of your fund value, and it is normally charged whether or not commission is actually paid! When you become a client of the Honister Investment Review Service, if you didn’t originally buy the fund though Honister, any annual trail commission will transfer to them, which covers the cost of the service you receive without the need for any additional charges – so it really doesn’t cost you a penny more!

Will I have to meet somebody to discuss my review, or be pestered with phone calls?
No. You are under no obligation to meet an adviser or speak to anyone about your review. Of course if you would like more information of want to arrange to discuss it further with an adviser we would be pleased to arrange this for you.

Do I need to contact the company who sold me the investment in the first place?
No. Once you join the service Honister can take care of all the paperwork.

Will becoming a member of the Honister Investment Review Service mean changing my investment?
No. The authority you provide on the Registration Form to act as your ‘Agent’ simply enables Honister to seek the information they need to provide you with your Fund Review(s). Your investment and the way it is managed remains completely unchanged, unless you decide otherwise.

Do I still control my investment?
Yes, absolutely. The service allows you to monitor how well your investment is performing, but only you can decide if and when you wish to transfer your investment to a different fund.

Do I have to know the names of the funds in which I am invested?
No – as long as we have your details and the name of the companies managing the investment you want us to monitor, Honister can track down the relevant information.

Am I committed to the Honister Investment Review Service on a long term basis?
Not at all. You are completely free to change your PEP, ISA, OEIC or Unit Trust ‘Agent’ as often as you like, so you can de-register from the service at any time, without any costs or penalties.

Will I have to wait 12 months for my first review?
No. As soon as you have registered with the service, Honister will write to your Fund Manager(s) to obtain the relevant information that will enable us to carry out your first review straight away, and annually thereafter.
 
Will I still get valuation statements from the Fund Manager?
Yes - our independent review is in addition to any statements that you normally receive from your Fund Manager during the year.

If my investment is performing badly, will you recommend an alternative?
Initially we will provide you with a review service only. If you are concerned about the performance of your investment please contact us and we can arrange for you to speak to one of our independent financial advisers.

Are there any catches?
Absolutely not – there are no catches and no hidden charges.

To take advantage of this service, complete the Contact Form now.