close brothers limited business development presentation
TRANSCRIPT
Fair Investment Company LimitedProposition
A presentation to Close Brothers Limited
1 April 2011
“Billions of pounds are left in accounts paying little interest. But there is an alternative”
About Fair Investment
Established 2000, by 2008 a leading price comparison and lead generation site
Since 2009, launched savings, investments and pension services
Simple execution-only services Focus on strong brands £m Assets Under Influence
Innovative online marketing and distribution
Operating several online brands fairinvestment.co.uk, ISA.co.uk, simplysavingsaccounts.co.uk
Access to key internet players gocompare.com, uSwitch.com
ISAs, Savings and Investments
ISA, Investments,Savings and
other FDM Deals
Brands operated by Fair Investment
Brands operated by FDM
ISA / Savings distribution
partners
Distribution
Our vision
To triple assets under influence/management by 2014/15
By providing:
Execution only service for savings, investments and pension
Services for individuals, businesses and charities
Bespoke solutions through Fair Investment Company
Solutions that enable investors to make informed choices
Excellence in Customer Service
What we offer
Established infrastructure and scalability providing:
Access to a wide audience – Personal, Businesses, Charities and Clubs Proven success in online marketing distribution
Strong focus on service providing:
A dedicated investment team Client retention at maturity
Strong working relationships with leading brands
RBS Royal Deposit Plan3 Year Fixed Rate Top Rate 4.1%
Total BusinessPersonal – ISA
Personal – Non ISA
Business
Charity/Club
Pension
Average InvestmentAverage per full month
Available in 8 tranches from February 2010 to February 2011
Deliver leading savings rates for:
Personal – Direct Investment, ISA and Pension Non-Personal – Businesses, Charities and Clubs
Distribution through fee based practices, and direct
Part of the Close Brothers Group plc:
Amongst the largest 250 companies in the UK Strive to achieve excellence through the core strategy across a range of financial services Long Term Rating A Assets under management £6.2 billion
‘The group continues to focus on developing its three key business areas: pursuing growth in Banking; maintaining its position as a leading market-maker in Securities; and transforming Asset Management to create a leader in UK wealth and asset management.’ Interim Report 2011
Working together
Fair Investment Company Limited delivers a cost effective solution providing:
Distribution to a wider audience online Help with delivering online applications, and paper based processes Strong client focus, pre and post sale Strong maturity process, aimed at retaining a minimum of 60% of clients
Close Brothers Limited delivers leading savings rates for:
Personal – Direct Investment, ISA and Pension Non-Personal – Businesses, Charities and Clubs
Source: moneyfacts.co.uk 31st March 2011
Market Analysis Fixed Term Savings (Personal Non ISA) Provider Product Term Rate Minimum
Deposit
Principality 3 Year Fixed Rate Bond
3 Years 4.26% £500
United National Bank
3 Year Fixed Deposit
3 Years 4.25% £1
KRBS 3 Year Fixed Rate Bond
3 Years 4.25% £500
SAGA 3 Year Fixed Rate Bond Issue 22
3 Years 4.15% £100
Principality 5 Year Fixed Rate Bond
5 Years 5.01% £500
AA Internet 5 Year Fixed Rate
5 Years 5.00% £1
KRBS 5 Year Fixed Rate Bond
5 Years 4.75% £500
SAGA 5 Year Fixed Rate Savings
5 Years 4.65% £1
Aldermore 5 Year Fixed Rate Account
5 Years 4.60% £1,000
Cash ISAProvider Product Term Rate Minimum
Deposit
Santander Flexible Cash ISA
Instant 3.30% £1
Bank of Cyprus UK
Cash ISA Bond 1 Year 3.30% £1
Cater Allen Private Bank
One Year Fixed Rate ISA
1 Year 3.30% £5,100
Barclays Bank Golden ISA Instant 3.25% £1
Cheshire BS 1 Year Fixed Rate ISA
1 Year 3.20% £1,000
Business /CharityProvider Product Term Rate Minimum
Deposit
United Trust 50 Day 50 Day Notice 2.05% £500
Investec Bank Business High 5
3 Mth 2.05% £50,000
Santander Business Reward Saver
Instant 2.00% £30,000
Monmouth-shire BS
Corporate Direct 30
30 Day 1.75% £5,000
Teacher BS Treasurers’ 25 25 Day 1.60% £20,000
Projected Investment Amounts
Assumptions: Based on 6-8 week tranches Minimum Investment Amount of £5000 Commission of 0.3%, payable per annum or upfront
Compared to fixed rate savings
Personal Non ISA ISA inc. Transfers Business / Charity / Club
Pension Total
3 Year Investment Investment Investment Investment Investment
Market Leading £7,000,000 £3,500,000 £3,500,000 £750,000 £14,750,000
Above Average £4,000,000 £3,000,000 £3,000,000 £600,000 £10,600,000
Average £2,000,000 £2,500,000 £3,000,000 £500,000 £8,000,000
Poor £1,000,000 £1,500,000 £2,500,000 £300,000 £5,300,000
5 Year Investment Investment Investment Investment Investment
Market Leading £10,000,000 £3,500,000 £1,500,000 £750,000 £15,750,000
Above Average £6,000,000 £3,000,000 £1,000,000 £600,000 £10,600,000
Average £3,000,000 £2,500,000 £1,000,000 £500,000 £7,000,000
Poor £1,500,000 £1,500,000 £750,000 £300,000 £4,050,000
Summary
Fair Investment Company Limited offer:
Cost effective way of achieving volume which only rewards us if we deliver Ten years online marketing distribution experience Proven track record of success Strong client focus and retention Strong relationship with brand to deliver benefits to both parties Help with delivering online applications, and paper based processes
“Traditional marketing, sales and distribution is about sticking to the normal; thinking beyond the normal is about looking at what can be, and achieving more.”
Questions / Next Step
George Ladds, Business Development Manager T: 0117 933 5559M: 07801 515769
E: [email protected] David Doulton, DirectorT: 0117 933 5502M: 07725 556112E: [email protected]