Key Facts – Scope of Services
This page provides a clear summary of the scope of services offered by Hoxton Wealth (UK) Ltd. It is designed to help clients understand the nature of the firm’s advice, how services are delivered and the regulatory framework within which the firm operates.
This information should be read alongside any Client Agreement, Terms of Business or Suitability Report provided to you.
Scope of Services
It is designed to ensure transparency and clarity in accordance with Financial Conduct Authority requirements and Consumer Duty standards.
The information below should be read alongside any suitability report, client agreement, or service documentation provided to you.
Our Regulatory Status
Hoxton Wealth (UK) Ltd is authorised and regulated by the Financial Conduct Authority (FCA).
Company Number: 11180844
FCA Reference Number: 586130
Registered Office: 101 New Cavendish Street, London W1W 6XH
The FCA is the UK’s financial services regulator. It sets standards for conduct, transparency and client protection.
Being authorised and regulated means the firm must:
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Act in the client’s best interests
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Provide suitable advice
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Disclose costs clearly
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Maintain appropriate capital and compliance systems
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Adhere to Consumer Duty requirements
You can verify the firm’s authorisation via the FCA Register.
Independent Financial Advice
Hoxton Wealth (UK) Ltd provides independent financial advice.
Independent advice means recommendations are based on a comprehensive and unbiased assessment of the retail investment market, within the firm’s regulatory permissions.
This requires the firm to:
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Consider a broad range of retail investment products
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Avoid restricting advice to a limited panel of providers
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Base recommendations solely on suitability
Independent advice differs from restricted advice, where recommendations may be limited to certain providers or product types.
The independent model supports objective decision-making aligned with client objectives and circumstances.
Areas of Advice
The firm provides advice to UK domestic clients in the following areas:
Retirement Planning
Advice on defined contribution pensions, including accumulation strategies and retirement income planning.
This may include:
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Pension consolidation (excluding defined benefit transfers)
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Contribution planning
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Flexi-access drawdown
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Annuities
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Retirement income structuring
Hoxton Wealth (UK) Ltd does not advise on defined benefit pension transfers or on pensions with safeguarded benefits.
Investment Planning
Advice on retail investment products designed to support long-term financial objectives.
This may include:
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Individual Savings Accounts (ISAs)
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General Investment Accounts
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Collective investment funds
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Discretionary portfolio solutions
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Tax-aware investment structuring
Investment advice is tailored to your objectives, time horizon and risk profile.
Protection Planning
Advice on personal protection policies designed to mitigate financial risk.
This may include:
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Life assurance
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Critical illness cover
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Income protection
Protection advice is provided where appropriate to support financial resilience.
Tax-Aware Financial Structuring
Advice is provided with awareness of UK tax rules and allowances, including:
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Income tax considerations
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Capital gains tax implications
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Inheritance tax exposure
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Pension annual allowances
Tax treatment depends on individual circumstances and legislation, which may change. Where specialist tax advice is required, clients may be referred to an appropriate professional.
Estate Planning Coordination
Financial planning may include coordination with legal professionals in relation to:
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Wills
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Trust planning
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Beneficiary nominations
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Intergenerational planning
The firm does not provide legal advice unless explicitly agreed.
What We Do Not Advise On
Hoxton Wealth (UK) Ltd does not provide advice on:
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Defined benefit pension transfers
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Pensions containing safeguarded benefits
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Direct property purchase advice (unless part of a regulated product)
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Unregulated collective investment schemes (unless permitted and suitable under FCA rules)
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Standalone legal advice
If a matter falls outside the firm’s permissions, you will be informed and may be referred to an appropriately authorised specialist.
The Advice Process
Financial advice typically follows a structured process:
1. Initial Consultation
An introductory discussion to understand your objectives and explain how the advice process works.
2. Information Gathering
A detailed fact-find covering:
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Income and expenditure
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Assets and liabilities
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Existing pensions and investments
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Risk tolerance
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Capacity for loss
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Financial objectives
Accurate and complete information is essential for suitable advice.
3. Analysis and Recommendation
Your adviser will assess your circumstances and provide a written Suitability Report explaining:
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The recommended course of action
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The reasons for the recommendation
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The associated risks
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The costs involved
No recommendation will be implemented without your agreement.
4. Implementation
Where you choose to proceed, the firm will arrange the recommended products or adjustments.
5. Ongoing Service
If agreed, ongoing reviews may include:
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Portfolio monitoring
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Retirement income reviews
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Tax allowance checks
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Reassessment of risk profile
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Updates following legislative change
Ongoing services are optional and subject to separate disclosure of charges.
Charges and Fees
Charges vary depending on the scope and complexity of advice.
Fees may include:
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Initial advice fees
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Implementation fees
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Ongoing service fees
Product providers and investment managers may apply separate charges.
All charges are disclosed in writing before you commit to proceeding.
Charges reduce overall investment returns.
The firm does not receive commission on new retail investment business where prohibited by regulation.
Risks and Limitations
Financial planning involves risk.
Key risks may include:
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Investment market volatility
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Inflation reducing purchasing power
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Changes in tax legislation
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Longevity risk (outliving assets)
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Withdrawal sustainability risk in drawdown
The value of investments can fall as well as rise, and you may get back less than you invest.
Past performance is not a reliable indicator of future results.
Projections and cashflow modelling are illustrative only and not guarantees.
Client Classification
Most individual clients are categorised as Retail Clients under FCA rules.
Retail status provides the highest level of regulatory protection, including:
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Suitability requirements
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Clear risk disclosures
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Access to the Financial Ombudsman Service
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Potential eligibility for the Financial Services Compensation Scheme
You will be informed if your classification differs.
Complaints and Compensation
If you are dissatisfied with any aspect of the service provided, you may make a complaint in writing.
If your complaint cannot be resolved to your satisfaction, you may refer it to the Financial Ombudsman Service within the required timeframe.
Eligible clients may be entitled to compensation under the Financial Services Compensation Scheme if a regulated firm cannot meet its obligations.
The FSCS does not cover investment losses resulting from market performance.
Consumer Duty Commitment
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Important Information
This page provides general information about the scope of services offered by Hoxton Wealth (UK) Ltd. It does not constitute personal financial advice or a recommendation.
Advice will only be provided following a full assessment of your individual circumstances.
The value of investments can fall as well as rise, and you may get back less than you invest. Tax treatment depends on individual circumstances and may change.
Hoxton Wealth (UK) Ltd (Company No. 11180844) is authorised and regulated by the Financial Conduct Authority (FRN 586130). Registered office: 101 New Cavendish Street, London W1W 6XH.
Hoxton Wealth (UK) Ltd does not advise on defined benefit pension transfers or pensions with safeguarded benefits.
