Terms & Conditions

TERMS AND CONDITIONS OF BUSINESS

“Infinity Invest” is a trading name of Infinity Wealth by Design Limited”. Authorised and Regulated by the Financial Conduct Authority. FCA Registration No. 750880. Registered in England and Wales company number: 09977428.

The following Terms and Conditions of Business will apply to services supplied to you now and in the future, depending on any specific regulatory changes.

  1. Infinity Invest arranges deals on behalf of clients in certain products. Infinity Invest also introduces clients to platform providers, who will then arrange deals as instructed by the client. Platform and product providers are responsible for safeguarding and administering investments, including specific charges to their products. Investment into any products offered on the website are carried out on the instructions of the client.
  2. Infinity Invest will not provide advice nor exercise any judgement on the client’s behalf as to the merits or suitability of any products offered on the website.
  3. For the purposes of client categorisation, and as per the FCA’s Retail Distribution Review (RDR directive), that is required by the FCA Rules, Infinity Invest will treat you as a retail client. Infinity Invest may also categorise clients as a retail client and any other client who would otherwise be a professional client or an eligible counterparty (as defined in the FCA rules).
  4. If you are acting as an agent for someone else, Infinity Invest will treat you alone as its client and you will be liable to Infinity Invest in respect of transactions you conduct in such capacity.
  5. Infinity Invest does not hold client money as defined by the FCA’s Client Money rule.
  6. Infinity Invest has implemented a conflicts of interest policy to ensure fair treatment of its clients under which it will not carry out transactions for clients in the products of companies in which Infinity Invest or any director or employee or one of its other clients has a known significant personal interest unless that interest is first disclosed. This policy shall not apply to personal holdings of directors and staff in investments transacted by Infinity Invest in the normal course of business.
  7. Written communication or online instructions (including email instructions from an email address which you have provided to us) will normally be required before Infinity Invest will act for the client but oral instructions at Infinity Invest’s discretion will also be acceptable. Authority to act on behalf of the client may be terminated at any time without penalty by either party giving notice in writing or by e-mail to the other. Such termination will not affect the completion of any transaction already initiated on your behalf.
  8. Infinity Invest acts as the client’s agent in arranging investments, and never owns investments it arranges for them.
  9. All investments will be registered in the name of the client(s). Contract notes and documents of title are normally sent direct to the client by the product provider, but if they have been sent to Infinity Invest, they will be forwarded to the client no later than the first business day following their receipt by Infinity Invest. However, when a number of contract notes or documents relating to a series of transactions is involved, they may be retained by Infinity Invest until the series is complete.
  10. All application forms, contract notes, cheques, certificates or documents of title may be sent by post at the client’s risk.
  11. Infinity Invest accepts no liability to clients who purchase two ISAs in one fiscal year, or otherwise do not comply with ISA rules.
  12. Infinity Invest may receive commission from product providers following arrangement of investments, and this is retained for Infinity Invest’s benefit in accordance with FCA’s RDR rule. The client will receive from the product provider, or from Infinity Invest information about the commission that Infinity Invest receives. Infinity Invest will inform the client of the amount of commission payable to Infinity Invest on any investment it has arranged for the client. Infinity Invest retains the right to share this commission with professional connections at its discretion. As this commission is retained, clients are not charged extra for arranging such contracts except by separate arrangement as agreed in advance with the client. If Infinity invest receives a commission or other form of benefit from the issuer of a security or from another intermediary, Infinity Invest will disclose the amount received and the amount charged to the client in accordance with the RDR rule.
  13. Please note that Infinity Invest may vary commission charges from time to time or introduce a new charge in a clear, fair and transparent way in order to comply with any specific regulatory change impacting business operations. Any change will be disclosed and formally communicated to you and will usually take the form of a completed application form, either written or online. However, if the commission charge is part of a restructuring of the charges you are already paying, as a result of regulatory changes, then provided the overall cost to you remains unchanged or is lower, we will notify you in advance but will not require your written consent. Please note that unit cancellation may be used to pay for service charges.
  14. Infinity Invest will supply, on demand, to the client or agent, copies of contract notes, vouchers, and entries in books and records for a period of five years from the date of each transaction.
  15. If Infinity Invest is unable to conduct investment business due to illness or any other reason for a period of more than twenty-one days, Infinity Invest has made a locum arrangement with another regulated firm to carry out its business obligations.
  16. To prevent or detect fraud and money laundering activities, or to assist in verifying your identity, Infinity Invest may make searches at credit reference or fraud prevention agencies or at the electoral register.
  17. You should assume that all telephone calls, website use and emails between you and Infinity Invest will be recorded. These recordings will be the sole property of Infinity Invest and may be used for training purposes or as evidence in the event of a dispute.
  18. Infinity Invest and its agents may process any personal data (as defined by the Data Protection Act 1998) provided by you in connection with the services provided. Your personal data includes any information which Infinity Invest holds now or at any time in the future, which comes from, or relates to application forms or other dealings with us; third parties such as credit reference and fraud prevention agencies and the services you receive from Infinity Invest. We may use your personal data to provide our services to you and for security, payment verification, preventing and detecting money laundering, fraud and other crime, for which purposes we may also pass on your personal data to third parties.
  19. Infinity Invest may vary these Terms and Conditions from time to time. An up-to-date copy of Infinity Invest’s Terms and Conditions can always be viewed at (www.infinityinvest.co.uk)
  20. These Terms and Conditions are governed by English Law and are subject to the jurisdiction of the English courts.

96-98 Baker Street,
London,
W1U 6TJ

0203 301 2907