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CAPITAL REDEMPTION (RL360)

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ORACLE
CAPITAL REDEMPTION
PENSION
TRUSTEE
APPLICATION
FORM
TABLE
OF
CONTENTS
01
PAGE 1
YOUR DETAILS
02
PAGE 3
PLAN REQUIREMENTS
03
PAGE 4
FUND REQUIREMENTS
04
PAGE 5
SOURCE OF WEALTH DETAILS
Tell us how the Settlor's wealth
was accumulated. It is important
that you complete this section so
that we can meet Isle of Man anti-
money laundering requirements.
05
PAGE 7
REGULAR WITHDRAWALS
06
PAGE 8
ADDITIONAL INFORMATION
07
PAGE 9
DECLARATION
In this section you must agree to the
plan terms and conditions and sign
where appropriate.
08
PAGE 12
FINANCIAL ADVISER DETAILS
09
PAGE 13
APPLICATION CHECKLIST
10
PAGE 14
PAYMENT METHODS
AUTHORISATION TO PAY A
FINANCIAL ADVISER FEE
(OPTIONAL)
PAGE 15
INVESTMENT ADVISER
APPOINTMENT (OPTIONAL)
PAGE 17
COMPLETION
Please complete this form using BLOCK CAPITALS throughout. Please tick boxes where applicable and follow the instructions
provided in each section. Please use Section 09 - Application Checklist before submitting your application, to make sure that you
provide us with everything we need to process your application.
US Specified Person means a US citizen or tax resident individual, who either holds a US Passport, a US Green Card, has a US
residential/correspondence address or who was born in the US and has not yet renounced their US citizenship. More information on
US FATCA can be found at www.irs.gov/businesses/corporations/foreign-account-tax-compliance-act-fatca.
A copy of the completed application and the plan Terms and Conditions are available on request. You should be aware that your
plan could be brought to an end if you fail to tell us any facts which might influence our assessment of your application. If you have
any doubt as to whether a fact is relevant, then you should disclose it to us.
Once you have completed and signed the application you should send it along with all requested additional information to our New
Business Team, RL360, International House, Cooil Road, Douglas, Isle of Man, IM2 2SP, British Isles.
Please note that the start date of your plan may be delayed if you fail to complete this application in full or provide suitable
evidence where required.
Remember, if you need any help, our Regional Support teams are on hand to guide you by telephone or by email.
Where both the Corporate Trustee and the Settlor(s) are resident in the Isle of Man, the Settlor must complete an Automatic
Exchange of Information - Individual Self Certification form. The form can be downloaded from www.rl360.com.
All references to RL360 within this application form mean RL360 Insurance Company Limited.
Although the trustees are the applicant, the scheme member should counter sign the declaration along with the authorisation
to pay any Financial Adviser or Investment Adviser fee to acknowledge the terms of the plan and any fees payable.
1 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
01 YOUR DETAILS
If you require online servicing for your company please download our agreement and registration forms from our website
– www.rl360.com. If you wish to link this plan to your existing online service please quote your online reference or existing
username below.
Online reference or
existing username
Details of the trust
Name of the trust
Date trust was established
(dd/mm/yyyy)
Nature and purpose of the trust
Corporate trustee details
Corporate trustee name
Global Intermediary Identification
Number (FATCA GIIN)
Registered address and
postcode (in full)
Country
Contact name
Contact position
Telephone number
Email address
Correspondence details
Please note that any correspondence we are required to send to you will be sent to the address you provide here. If no
correspondence address is supplied we will use your registered address.
Address for correspondence
and postcode
Directors or partners
You will need to provide us with a list of all directors or partners for your business, but we also need you to name two directors,
one an executive director, for identity verification purposes. Please state their details here
Executive Director/Partner 1 (must be completed) Director/Partner 2 (must be completed)
Sex (please tick)
Male
Female
Male
Female
Title (please tick)
Mr
Mrs
Miss
Mr
Mrs
Miss
Other (in full) Other (in full)
First name(s)
Last name(s)
Date of birth (dd/mm/yyyy)
Current residential
address and
postcode (in full)
Country
Position
2 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
01 YOUR DETAILS CONTINUED
Authorised signatories
You will need to provide us with a list of all authorised signatories, but please tell us how many signatories will need to sign
in order to action changes to the plan (including any special instructions, for example – one from category ‘A’ and one from
category ‘B’).
Number of signatories required
Special instructions
Shareholders and beneficial interest
Please tell us who in your company has a shareholding or beneficial interest of 25% or more. You will have to provide verification
of identity for those listed.
First Name(s) Last Name(s) Position Shareholding (%)
Evidence required
As a corporate trustee applicant, please tick to confirm that you have supplied the following:
For the company
• A full list of all directors.
• Suitably certified certificate of incorporation.
• A copy of the latest annual report and accounts.
• Suitably certified documentation verifying registered address of the company.
• Suitably certified identity and address documentation for at least two directors, one of whom must be an Executive Director.
• A full list of authorised signatories (including board resolution for public limited companies) showing ocers from whom we
can take instructions and including specimen signatures.
• Suitably certified identity and address documentation for all shareholders with a beneficial interest of 25% or more.
For the trust
• Suitably certified copy of the trust deed and any subsequent deed(s) of appointment or retirement.
If not shown in the trust deed we will require details for each of the following:
Settlor(s) Protector(s) Beneficiaries (where named)
First name
✓ ✓ ✓
Last name
✓ ✓ ✓
Date of birth
✓ ✓ ✓
Current residential address
✓ ✓ ✓
Occupation
✓
x x
Date of death
✓
#
x x
#
for Settlor(s) no longer alive.
3 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
02 PLAN REQUIREMENTS
IMPORTANT: The following information MUST match the details shown on your Key Information Document.
Plan currency
Please tick only one:
GBP
USD
EUR CHF
AUD
HKD
JPY
Payment
Please remember the minimum payment is GBP20,000 or currency equivalent. Please refer to the Product Guide for currency
equivalent minimums.
If the currency of the initial payment(s) received diers to the chosen plan currency, we will convert this into the currency of the
plan using the relevant exchange rate.
Amount (Currency and cash amount)
Segments
Please state your required number of segments. The minimum number of segments is 1 and the maximum is 100. If you leave this
blank we will issue your plan with 100 segments.
Number of
segments
IMPORTANT:
some banking institutions may deduct charges for processing international payments. Please check with your
bank if any charges will apply prior to transferring your payment to us. If they do, please make sure that the amount your bank
transfers is enough, so that the remaining amount received is at least equal to the amount due.
Payments by cheque or telegraphic transfer
Please confirm the details of the bank that you will be making payment from.
If you want to use a Currency Exchange House to transfer your payment to us, please ensure that it has been approved by
RL360 first. Please also provide your bank account details below from where the payment originates, along with a full audit trail
to evidence the transfer to us.
Bank name
Bank address and
postcode
Account holder’s name
Branch SWIFT code
OR Bank sort code
- -
(for all non–GBP and international payments) (for UK GBP payments only)
SWIFT code must be either 8 or 11 digits
IBAN/account number
OR
Account number
(all non–GBP accounts) (GBP UK Bank only)
Account held for
years
months
4 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
03 FUND REQUIREMENTS
If you wish to use an investment adviser you should complete our Investment Adviser Appointment Form, returning it along with
your application. If you need additional space to complete this section, please use Section 06 – Additional Information.
Your funds
Please list your choice of funds below. There are no limits to the number of funds you can hold in your plan. The minimum you
can invest in each fund is GBP500. Please refer to the Product Guide for currency equivalent minimums. Please also ensure that
the percentages entered for each fund total 100% of the payment.
ISIN Fund manager Fund name (including currency) Percentage
%
%
%
%
%
%
%
%
%
%
%
%
Total 100%
5 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
04 SOURCE OF WEALTH DETAILS
The Insurance (Anti-Money Laundering) Regulations 2008 requires all Isle of Man life companies to make enquiries as to how an
applicant has acquired the monies to be used as payment for their plan. This reflects the Isle of Man’s commitment to maintain
the highest possible standards of business practice and to counter money laundering and the financing of terrorism.
RL360 has adopted a risk-based approach to meet these regulations, categorising all countries that we will accept business from
into 1 of 3 tiers. Each tier has dierent source of wealth requirements. We have categorised countries according to their level of
compliance with international regulatory standards.
Full details on the source of wealth procedures can be obtained from your financial adviser or can be downloaded from
www.rl360.com/sourceofwealth.pdf.
You must complete the following questions below in all cases and for both Settlors as applicable.
Settlor 1 Settlor 2
Annual salary plus bonuses
Income this year
(include currency)
Income last year
(include currency)
Occupation
Employer’s company
name
Nature of business
Other unearned income
Amount received
(include currency)
Received from
Date received (dd/mm/yyyy)
If you are retired please tell us your previous occupation, salary, employer and date of retirement.
Previous occupation
Salary
(include currency)
Employer’s company
name
Date retired (dd/mm/yyyy)
Where your source of wealth for this application is from any of the following, please provide details.
Savings
Amount received
(include currency)
Bank where savings
were held
How were savings
accumulated?
6 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
04 SOURCE OF WEALTH DETAILS CONTINUED
Settlor 1 Settlor 2
Pension transfer
Amount received
(include currency)
Received from
Date received (dd/mm/yyyy)
Property or fund sale
Amount received
(include currency)
Address of property
sold or fund type
How long held
Date of sale (dd/mm/yyyy)
Company profits
Profits this year
(include currency)
Profits last year
(include currency)
Industry
Company sale
Amount received
(include currency)
Company name
Company industry
Date received (dd/mm/yyyy)
Other (such as a lottery or betting win, gift or inheritance. For inheritance please state from who.)
Amount received
(include currency)
Source
Date received (dd/mm/yyyy)
RL360 reserves the right to request further documentary evidence of source of wealth should it be considered necessary.
7 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
05 REGULAR WITHDRAWALS
If you do not wish to set up regular withdrawals on the plan at this stage, please continue to
Section 06
- Additional Information.
Please remember that the minimum regular withdrawal is GBP250 or currency equivalent. Regular withdrawals will be paid in the
plan currency unless you tell us otherwise in
Section 06
- Additional Information.
How do you want to take the
As fixed amount Tell us the amount
withdrawals? (choose only one)
OR
As a percentage Tell us the percentage of the total initial payment
%
Withdrawal frequency Monthly
Quarterly
Half-yearly
Yearly
Termly
Date of first withdrawal
(dd/mm/yyyy)
Payment method
BACS
TT
BACS payments require up to three days to clear and can only be used for GBP payments to a UK
bank account. A GBP20 (or currency equivalent) charge applies to payments made by TT.
If you would like withdrawals to be paid back to the same bank account as detailed in Section 02 - Plan Requirements, please tick
below. Otherwise please specify the bank account to be used to receive withdrawals. Payments can only be made to bank accounts
in the trust’s name, as the applicant.
Please use the bank account details in Section 02 - Plan Requirements
Bank name
Bank address and
postcode
Account holder’s name
Branch SWIFT code
OR Bank sort code
- -
(for all non–GBP and international payments) (for UK GBP payments only)
SWIFT code must be either 8 or 11 digits
IBAN/account number
OR
Account number
(all non–GBP accounts) (GBP UK Bank only)
Account held for
years
months
8 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
06 ADDITIONAL INFORMATION
If you have no additional notes, please continue to Section 07 - Declaration.
9 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
07 DECLARATION
Plan literature
I confirm that I have read a copy of the plan literature including the Product Guide, Key Information Document and Terms
and Conditions.
My application
I confirm that all of the information provided in this application, along with any supporting forms, questionnaires, statements,
reports or other information is true and complete.
Availability
I confirm that to the best of my knowledge and belief, I am not subject to any legislation that would make this investment into
this plan unlawful.
Financial adviser
I have appointed
(company name)
to act as my financial adviser.
I agree to RL360 Insurance Company Limited (RL360), disclosing all information relating to the plan to my appointed financial
adviser. I will let RL360 know in writing if I decide to change my appointed financial adviser.
Illustration
I understand that my Illustration is not guaranteed by RL360 or my adviser, and only oers an indication of what I might get
back under a limited number of scenarios. I accept that RL360 is not responsible for monitoring whether my plan's performance
matches the assumptions made in my Illustration.
Key Information Document (KID)
I confirm that I have included a signed KID with this application.
I understand that the KID sets out the details of my plan, and by signing it I acknowledge that I am aware of the charges that will
be deducted.
I am also aware that the details that I have provided in Section 02 – Plan Requirements must match my signed KID. If they are
dierent RL360 will ask me to sign a new KID matching Section 02 – Plan Requirements before it can allow my plan to start.
Investment
I am aware that RL360 does not provide investment advice. RL360 is not responsible for managing funds and does not
determine whether or not funds are suitable for me. I understand that should the plan oer access to a range of funds, these
are managed by external companies. I accept that ultimate responsibility for fund selection lies with me and/or my appointed
adviser; if funds underperform and as a consequence my plan drops in value, I accept this is not the fault of RL360
I request that RL360 allocates the payment to the funds selected as part of this application. In order for RL360 to do this, I
confirm the following:
a) I agree to RL360 acting on dealing instructions received from me or the appointed investment adviser, and I will read the
documentation issued by the fund manager for each fund prior to selecting it for the plan.
b) I am aware that some funds may have terms and conditions that could:
i) restrict RL360 from realising a cash value when requested and prevent RL360 paying out benefits from the plan in a
timely fashion.
ii) result in RL360 receiving the cash value from a sale in multiple instalments. If this should happen RL360 has the right not
to re-invest or pay in full, benefits from the plan until the amount has been received in full.
iii) result in RL360 receiving a payment from a sale by a means other than cash. If this should happen RL360 may require us
to cancel some or all of the plan.
iv) result in RL360 having to pay back some or all of the sale proceeds if an adjustment has to be made after the payment. If
RL360 is required to make such a repayment and the plan value is too low to cover it, or I have cancelled the plan, I agree
to compensate RL360 for any loss that it has suered as a result.
c) I accept that RL360 has the right to sell funds linked to the plan without requiring my permission. RL360 may do this if it
decides that a fund may have harmful legal or tax consequences under law.
d) I am aware that there may be fees to pay when RL360 sells one or more of the funds linked to the plan. Any fees due when
selling a fund should be detailed by the fund manager in the fund documentation.
e) I confirm that I am aware of the fees that must be paid in relation to the chosen funds. I realise that these fees are required to
cover the costs of promoting and distributing the funds, including any commission paid to my appointed adviser(s).
10 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
07 DECLARATION CONTINUED
I confirm that I have the necessary powers to take out this plan and enter into a contract with RL360.
I also confirm that my company has not been, and is not in the process of being, struck-o, dissolved, wound-up or terminated.
I agree that I will notify RL360 in writing immediately when any of the directors, list of authorised signatories or trustees change.
I agree that I will provide evidence of identity and current residential address when asked by RL360. I also acknowledge that
RL360 can ask for an up-to-date authorised signatory list at any time.
I am aware that RL360 is authorised to obtain a bank reference at any time.
Data Protection
This form collects your personal data. We require your personal data so we can provide you with services relating to the
performance of your contract. You may ask us to stop processing your data, however this may disrupt the services RL360 can
provide to you or may stop us being able to assist you. To find out how long we will keep your data, please refer to our privacy
policy at www.rl360.com/privacy. Any data you provide to RL360 may be shared, if allowed by law, with other companies both
inside and outside of RL360 and to persons who act on your behalf. Data and information about you can be transferred outside
of the Isle of Man and RL360 may be required to provide it to its regulator, its government or anyone else required by law.
RL360 will use your data and information to allow for the administration of your plan, prevent crime, prosecute criminals and for
market research and statistics. RL360 will, at all times, make sure that your data and information is only used in ways that are
allowed by law.
You can receive a copy of the information RL360 holds about you free of charge by writing to our Data Protection Ocer at:
RL360, International House, Cooil Road, Douglas, Isle of Man, IM2 2SP, British Isles, or by emailing dpo@rl360.com. We can reserve
the right to not send you your personal data in some circumstances - if we do we will write to you setting out the reasons why.
Our full privacy policy can be viewed at www.rl360.com/privacy or can be obtained by requesting a copy from our Data
Protection Ocer.
Politically Exposed Persons
A Politically Exposed Person (PEP) is a person entrusted with prominent public functions, their immediate family members or
persons known to be close associates of such persons. Examples of PEPs include political figures, members of the judiciary,
diplomatic service ocers, managers and supervisors of state owned enterprises and senior ranking military ocers.
Please add the names of any PEPs associated with this application in the box below.
Where this box is left blank, you are confirming that no PEPs are associated with this plan.
Legal
I agree to my plan being governed by Isle of Man law and to the Isle of Man Courts having the right to decide any case that
maybe brought in relation to my plan.
Cancellation
I am aware that I have the right to cancel my plan as detailed in the Key Information Document. I understand that the amount I
get back may be less than what I paid where my selected funds have fallen in value. I am aware that to cancel my plan I will need
to complete the Cancellation Notice and return it to RL360.
Final agreement
I agree to the following documents forming the basis of the plan between me and RL360:
• this Application Form
• the Key Information Document
• the Terms and Conditions
• the Plan Schedule
• any Endorsement to the Plan Schedule
I accept that RL360 can bring the plan to an end if I have failed to detail any facts that may influence the decision to accept
this application.
11 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
07 DECLARATION CONTINUED
I confirm that this application was signed in (give country)
Trustee 1/Authorised Signatory Trustee 2/Authorised Signatory
Signed
Full name
Date (dd/mm/yyyy)
Trustee 3/Authorised Signatory Trustee 4/Authorised Signatory
Signed
Full name
Date (dd/mm/yyyy)
Acknowledged by Scheme member
Signed
Full name
Date (dd/mm/yyyy)
12 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
08 FINANCIAL ADVISER DETAILS
This section is to be completed by your financial adviser.
The RL360 adviser number can be obtained from your regional oce.
Company name
RL360 adviser number
Name of regulatory or
authorising body
Regulatory number
(if applicable)
Financial adviser's stamp
(if this does not state an
address, please complete
company address details too)
Full name
Online services username
(if registered)
Work telephone number
Mobile telephone number
Email address
I confirm that I have seen documentary proof of the applicant(s) identity, and certification of their residential address, and have,
where applicable, attached suitably certified copies of both as set out in the completion notes, along with this application.
Signed
Date (dd/mm/yyyy)
13 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
09 APPLICATION CHECKLIST
This checklist will help make sure you have provided everything we need to process your application.
Verification of identity – must be provided for all directors/partners named in Section 01 – Your Details.
Please send a suitably certified copy* of their passport or National Identity Card showing their photograph(s) and signature(s) –
If you are unable to provide either of these please provide a reason why and contact us to discuss other acceptable documents
before sending in your application.
Applicants
I have provided identification (please tick to confirm)
If you are unable to provide ID please confirm why below:
Verification of current residential address – must be provided for all applicants
Please send a suitably certified copy* of at least one of the following documents for each director named in Section 01 - Your
Details. If you are unable to provide any of the documents listed below, please provide a reason why in Section 06 – Additional
Information and contact us to discuss other acceptable documents before sending in your application.
Please tick which
documents you
have sent us
Acceptable document
Latest bank account or credit card statement
Utility, rates or council tax bill (less than 3 months old). Mobile telephone bills are not acceptable
Current driving licence
Proof of ownership or rental at current residential address
Mortgage statement
Tax assessment document
State pension, benefit book or other government produced document showing benefit entitlement
Extract from ocial register of electors
Proof of payment for a PO Box service (which must also show the residential address) where the PO Box
shown is also the correspondence address of the applicant
Entry in local telephone directory.
Confirmation of plan details
Please make sure you have completed Section 02 – Plan Requirements and have included a signed Illustration and Key
Information Document.
I have provided my plan requirements and can confirm that they match my Key Information Document (please tick to confirm).
I have included a signed Illustration and Key Information Document (please tick to confirm).
*Suitably Certified Copy Documentation
Your financial adviser can certify your copy documents, if they hold established Terms of Business with us and, where appropriate,
have been granted Suitable Certifier status. Please consult your financial adviser to check if they can certify your documents.
14 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
09 APPLICATION CHECKLIST CONTINUED
If your financial adviser cannot certify your documents, we will accept certification by one of the following ‘Suitable Certifiers’:
• A Notary Public (or equivalent)
• A lawyer or advocate
• A formally appointed member of the judiciary
• An employee of RL360
• A Commissioner for Oaths
• A registrar or other civil or public servant authorised to issue or certify copy documents.
If you cannot have your documents certified by one of the above, please contact us.
The certifier must:
•
Add the statement ‘Certified as a true copy taken from the original’
•
Sign and date the copy document on all pages
•
Print their name clearly in BLOCK CAPITALS underneath their signature
•
Record the capacity or position in which they are certifying the document
•
Add their company name or ocial stamp or seal.
The documents which we receive
must
contain the original certification and stamp.
10 PAYMENT METHODS
The payment can be made using any of the following methods.
Cheque
Please send your cheque, made payable to RL360 Insurance Company Limited to RL360, International House, Cooil Road,
Douglas, Isle of Man, IM2 2SP.
Your cheque must come from the bank account(s) you have detailed in Section 02 – Plan Requirements.
Please note that GBP cheques can take up to five working days to clear. Other currency cheques may take considerably longer
to clear. If you have chosen funds with a dealing deadline, you may wish to consider a Telegraphic Transfer. These will usually
provide cleared funds on the same day.
Telegraphic transfer
If you are paying into the plan by telegraphic transfer please instruct your bank to quote the trust’s name as a reference.
Your payment must come from the bank account(s) you have detailed in Section 02 – Plan Requirements.
Please make your payment to RL360 Insurance Company Limited through the appropriate bank below.
Currency Swift code IBAN Sort code Account number Bank name Account name
AUD CITIGB2L GB45 CITI 1850 0813 1419 34 18-50-08 13141934 Citibank, London RL360
CHF CITIGB2L GB26 CITI 1850 0813 1418 88 18-50-08 13141888 Citibank, London RL360
EUR CITIGB2L GB20 CITI 1850 0813 1418 02 18-50-08 13141802 Citibank, London RL360
GBP CITIGB2L GB34 CITI 1850 0813 1420 35 18-50-08 13142035 Citibank, London RL360
HKD CITIGB2L GB10 CITI 1850 0813 1416 91 18-50-08 13141691 Citibank, London RL360
JPY CITIGB2L GB26 CITI 1850 0813 1415 00 18-50-08 13141500 Citibank, London RL360
USD CITIGB2L GB54 CITI 1850 0813 1415 78 18-50-08 13141578 Citibank, London RL360
Bank address
The bank address for all the above accounts is: Citibank, Citigroup Centre, Canada Square, Canary Wharf, London, E14 5LB, UK.
15 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
AUTHORISATION TO PAY
A FINANCIAL ADVISER FEE
Please complete in BLOCK capitals throughout.
Who is this form for?
This form is for applicants who wish to authorise RL360 to pay a financial adviser fee to:
(adviser company and address)
RL360 adviser number:
We can only accept instructions that have been signed by all applicants.
Important notes
1. As this instruction will result in a deduction from your plan to meet the fee you are agreeing to pay, you should note that this
deduction may form part of any deferred tax allowance for your country of residence. You should consult your tax adviser to
determine whether this could aect you.
2. RL360 cannot be held responsible for any future tax liability that may accrue to the adviser as a result of a failure to levy tax
where it later transpires that it should have been charged. The adviser is responsible for deciding whether or not the service they
are providing is subject to any additional taxes.
3. This fee is calculated and paid each quarter from the plan anniversary.
4. The value of any additional payments made to the original plan will be treated as part of its value when the fees are calculated.
5. This agreement shall be subject to, and interpreted in, accordance with the laws of the Isle of Man.
6. I confirm that I will inform RL360 in writing should I wish to terminate payment of this fee.
Applicant(s) to complete
I authorise RL360 to pay the following fee to my financial adviser:
Financial adviser fee
%
per year, paid quarterly in arrears as percentage of my plan value (the fee should not be more than 1.0% per year).
Note: where this fee is used in conjunction with an investment adviser fee, the two fees combined cannot be more than 1.5% per year.
Plan application dated (dd/mm/yyyy)
ORACLE
16 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
Trustee 1/Authorised Signatory Trustee 2/Authorised Signatory
Signed
Full name
Date (dd/mm/yyyy)
Trustee 3/Authorised Signatory Trustee 4/Authorised Signatory
Signed
Full name
Date (dd/mm/yyyy)
Acknowledged by Scheme member
Signed
Full name
Date (dd/mm/yyyy)
17 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
INVESTMENT ADVISER
APPOINTMENT
Who is this form for?
This form is for applicants who wish to appoint an investment adviser to their plan. Investment advisers may act on a
non-discretionary or discretionary basis. This is your choice and an agreement that you must make with your investment adviser.
Completing this form
By completing this form you are informing RL360 about the appointment of a company to act as an investment adviser to your plan.
They will have the power to place dealing instructions on your behalf.
We can only accept written instructions that have been signed by all owners, trustees or authorised signatories.
Please complete in BLOCK capitals throughout.
SECTION 1 INVESTMENT ADVISER APPOINTMENT
Applicant(s) to complete
I wish to appoint
Investment adviser company name
to act in the capacity of an investment adviser to the plan
Application dated (dd/mm/yyyy)
I understand that my investment adviser will be able to act on my behalf, subject to the terms and conditions set out in Section 2
below, to advise on and change the funds to which the value of this plan is linked. I authorise RL360 Insurance Company Limited
(RL360) to release all relevant information relating to the plan to the investment adviser when requested.
I understand that RL360 is not responsible for any loss or liability incurred to the plan as a result of advice given, or negligence
by, the appointed investment adviser. I also understand that RL360 is not responsible for the performance of any funds linked to
my plan.
I confirm that all communications in relation to dealing instructions should be directed to the investment adviser.
Please confirm on what basis you wish the investment adviser to be appointed, non-discretionary or discretionary, by ticking the
appropriate box below.
I confirm that the investment adviser will be acting on a non-discretionary basis. Dealing instructions may only be forwarded
to RL360 after the investment adviser has consulted me. The investment adviser has confirmed to me that they have the
necessary regulatory authorisations in order to perform this role. I understand that RL360 is not required to obtain proof that
my investment adviser has consulted with me, prior to acting on any instructions received.
I confirm that the investment adviser will be acting on a discretionary basis. Dealing instructions may be forwarded to RL360
without my consent. The investment adviser has confirmed to me that they have the necessary regulatory authorisations in
order to perform this role.
I authorise RL360 to take a fee from the plan in line with the following:
A percentage
% per year, taken quarterly as percentage of the plan value (the fee should not be more than 1.0% per year).
Note: where this fee is used in conjunction with a financial adviser fee, the two fees combined cannot be more than 1.5% per year.
ORACLE
18 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
SECTION 1 INVESTMENT ADVISER APPOINTMENT CONTINUED
I am aware that for as long as I have an appointed investment adviser I will be unable to access online dealing facilities.
I confirm that should I change my investment adviser, or bring this agreement to an end in the future, I agree to inform RL360 in
writing (originals only), immediately.
I acknowledge that RL360 has the right to reject the appointment of my investment adviser at its discretion.
I agree that I am solely responsible for the appointment of an investment adviser to my plan and that I am also responsible for
ensuring that they have the appropriate experience, and/or qualifications and permissions to provide me with investment advice.
I acknowledge that RL360 is not liable for the performance or conduct of my investment adviser, or for ensuring that they hold
and continue to maintain any regulatory or legal permissions required to provide investment advice.
Trustee 1/Authorised signatory Trustee 2/Authorised signatory
Signed
Full name
Date (dd/mm/yyyy)
Trustee 3/Authorised signatory Trustee 4/Authorised signatory
Signed
Full name
Date (dd/mm/yyyy)
Acknowledged by Scheme member
Signed
Full name
Date (dd/mm/yyyy)
SECTION 2 INVESTMENT ADVISER DETAILS AND CONDITIONS
Investment adviser to complete
Full name
Online services username
(if registered)
Company name
RL360 adviser number
Investment adviser
company address
Email address
Telephone number
Fax number
19 ORACLE PENSION TRUSTEE APPLICATION FORM – CAPITAL REDEMPTION
SECTION 2 INVESTMENT ADVISER DETAILS AND CONDITIONS CONTINUED
If you do not have Terms of Business with RL360, please contact your Regional Sales Manager before submitting this form.
In accepting the appointment of investment adviser to the above stated plan, we agree to the following terms and conditions:
1. All instructions relating to the purchase, sale or switching of funds will be in respect of any fund agreed by RL360 as being
eligible for the plan.
2. All instructions should be provided to RL360 in a format as agreed by RL360.
3. RL360 will purchase, sell or switch funds at the relevant market price as available at the time of placing an instruction.
4. RL360 has the right to accept or reject any instruction from the investment adviser at its own discretion.
5. The investment adviser must maintain such authorisation as is necessary to act as an investment adviser under the
legislation and regulation in the country in which advice is given.
7. RL360 and the plan owner cannot be held responsible for any future tax liability, that may accrue to the investment adviser,
as a result of a failure to levy tax where it later transpires that tax should have been charged. The investment adviser is
responsible for deciding whether or not the service they are providing is subject to the levy of additional taxes.
9. RL360 has the right to remove the investment adviser from the plan, without specifying a reason, and on giving one month’s
written notice to the plan owner and the investment adviser.
10. The investment adviser may resign their appointment by giving written notice to the plan owner and RL360.
11. This appointment will cease immediately upon the death, bankruptcy, dissolution or insolvency of the investment adviser, or
any composition with creditors, or if the investment adviser is in breach of any regulatory requirement, or it becomes illegal
for the investment adviser to act in this capacity.
12. This appointment and agreement shall be subject to, and interpreted in, accordance with the laws of the Isle of Man.
Please submit a current certified copy of your company’s Authorised Signatory list with this form. If you have an additional list
for persons authorised to sign dealing instructions, please also submit a certified copy with this form.
If your company is not regulated in the UK, Isle of Man, Channel Islands, Hong Kong or Gibraltar, please provide identification
and address verification for each person on the Authorised Signatory list.
Investment adviser
Signed
Date (dd/mm/yyyy)
www.rl360.com
HELPING YOU TO
PROTECT AND
GROW YOUR
WEALTH
RL360 Insurance Company Limited
T +44 (0)1624 681681
E csc@rl360.com
Registered Oce: International House,
Cooil Road, Douglas, Isle of Man, IM2 2SP,
British Isles. Registered in the Isle of
Man number 053002C. RL360 Insurance
Company Limited is authorised by the
Isle of Man Financial Services Authority.
ORC06a 07/19
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CAPITAL REDEMPTION (RL360)

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Completed 21 June 2021

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