Cash, trust and company accounts, and bonds

Please complete a paper Investment Account application form, with details of any OEICs or unit trusts that the trust will invest in. All trustees must sign the form. You will need to complete a separate form for any SICAV investments. We plan to offer online account opening in the future.

We also need:

• The trust deed, along with all subsequent deeds of amendment. If you submit a copy, rather than an original, you must certify it
• In the case of a will trust, the will itself and the grant of probate (or certified copies of them)
• Identity verification documents for all trustees and any adult beneficiary with an absolute entitlement, such as a life tenant
• Selfcertification of tax residency for anyone other than the trustees who has a controlling interest in the trust, such as an absolutely entitled beneficiary, whether they are an adult or a child (this is included in the main application form)
• Payment in the form of a cheque or bank transfer. We can accept payments from any of the trustees, a settlor, the trust bank account or the client account of a solicitor acting for the trust.
• If the customer is intending to invest more than £1m or investing in SICAVs, please contact us as there may be additional requirements. 
• If one of the trustees is a company, please also refer to the company section for verification requirements.

Alternatively, there is a Bare Trust application for an Investment Account for a child. This form can be used to make a gift to a child to be held by trustees. It is suitable if there is no trust deed, the beneficiary is a child and the intention is to gift absolutely for their benefit.

Useful forms

• Trust application form – Investment Account
• Bare Trust application for an Investment Account for a child
• SICAV application form for trust accounts
• Self-certification form (existing client)
• Re-registration letter of authority (Trusts)
• Top up form for trust accounts

Please complete a paper Pension Trustee application form, with details of any OEICs or unit trusts the pension scheme will invest in. We plan to offer online account opening in the future.

All trustees must sign the form. They will become the joint account holders, with any corporate trustee as the primary account holder.

We also need:

• The trust deed, along with all subsequent deeds of amendment. If you submit a copy, rather than an original, you must certify it
• Identity verification documents for all trustees and an original or certified supplemental trust deed for all trustee appointments. If there is a corporate trustee, please refer to the company section for verification requirements.
• A document, or certified copy, showing the Pension Scheme Tax Reference.

Please contact us before you submit an application – if we already have a relationship with your client's pension company, this may mean there is a different account-opening process.

Useful forms

• Pension Trustee application form – Investment Account (inc. SIPP & SSAS)
• Entity self-certification form
• Corporate re-registration application form
• Corporate re-registration letter of authority
• Pension trustee top up form

Please complete a paper Company application form.

We also need:

• Confirmation of identity for all trustees or officers of the Charity. Where there is a substantial number of trustees or officers (e.g., above 5), we will accept a list of people with dayto-day operational control signed by one of the trustees or officers and we will need to verify these individuals. We still need names and DOBs for all trustees or officers.
• If the Charity is set up as a trust and the settlor is alive, we need to verify them. If there is a significant donor and they are still alive, we need to verify them.
• If not provided in other documentation, we need the position of the person(s) who signs the application form.
• We need a board resolution or equivalent detailing the powers/authority of each of the authorised signatories. Additionally, we need a signatory list with names and specimen signatures. For some charities this could be the same document, either a board resolution or signatory list, but it must fulfil both requirements: specific powers/authority and specimen signatures.
• A completed Entity selfcertification form
• If the Charity is established by a trust, a certified copy of the trust deed
• If the Charity is incorporated, the Companies House registration number
• Payment in the form of a cheque or a bank transfer. We can accept payment from any of the trustees, a settlor, the trust bank account or the client account of a solicitor acting for the trust.
• If a Charity client would like to invest in SICAVs, please contact us for the appropriate form.

We will check the Charity's registration on the appropriate register. All Charity Commission documents and returns must be up to date. In some cases, we may need further information before we set up the account.

When we set up the account, we will do so in the name of the Charity.

Useful forms

• Trust application form – Investment Account
• Entity self-certification form
• Corporate re-registration application form
• Corporate re-registration letter of authority
• Top up form for trust accounts

Please complete a paper Company application form, signed by at least two of the Company's authorised signatories.

We also need:

• The names and DOBs of all directors and Chairperson/CEO/CFO. We need the name and position of the people who sign the application form and will cross reference authority to act (see below requirement). This information can be sent by letter on company letterhead.
• We need to verify shareholders who own more that 25%. Where there is no shareholder with more that 25%, we need to verify the Senior Management Officials for the company. A list of names can be sent by letter on company letterhead with standard confirmation of identity for each.
• We need a board resolution or equivalent detailing the authority to act for each of the authorised signatories. Additionally, we need a signatory list with names and specimen signatures. For some companies this could be the same document, either a board resolution or signatory list, but it must fulfil both requirements: specific powers/authority and specimen signatures.
• A completed Entity selfcertification form
• If a corporate client would like to invest in SICAVs, please contact us for the appropriate form.
• In some cases, we may need further information before we set up the account, such as articles of association or a certificate of incorporation.

When we set up the account, we will do so in the name of the Company as it is registered with Companies House.

Useful forms

• Trust application form – Investment Account
• Entity self-certification form
• SICAV application form for trust accounts
• Corporate re-registration application form
• Corporate re-registration letter of authority
• Top up form for trust accounts

Yes, we offer the option of investing on behalf of a child through a trust. If your client already has a trust, we can set up an Investment Account in the name of the trustees. You can find how to do this in the section above. If your client does not already have a trust, they have the option of setting up an account using our Bare Trust for a child.

Clients also have the option of opening a Junior ISA or a Junior Pension for a child. If the client would prefer to retain ownership of the investments, but simply earmark them for a child's benefit, they may prefer to open an Investment Account with a designation that mentions the child.

Yes, please refer to and complete the Change of trustees form.

This is an online process, please go to ‘Quote and Transact’ within Client Management to switch and rebalance trust investments.

You should complete a paper Trust application form. We plan to offer this service online in the future.

You can place the sell instruction online and print out a paper form for all the trustees. We will carry out the instruction when we have received the form. We can make the payment to any of the trustees or to the trust bank account. In some cases, we may need to see identification verification documents. We plan to offer an online withdrawal service in the future.

Yes, because trust rules are highly complex and vary from one trust to another, we only accept instructions signed by all the trustees. In some situations – such as when a trustee is too ill to sign – we may be able to make an exception. This will be decided on a case-by-case basis.

Not necessarily. Designations are a way for your clients to personalise their accounts. The question of whether an account is held in trust or not depends on the arrangements it was established under and whether the investments are intended as a gift.

Once an account is set up, you can manage all fee payments online, including Adviser Ongoing Fees and Adviser Specified Fees, through our Adviser fees service.