Client Protection

S&T are authorised and regulated by the Financial Conduct Authority (No. 501695) and a member of the London Stock Exchange.

S&T outsource all its safe custody (nominee) settlement and cash management to Pershing Securities Limited (“Pershing”), affiliated to Pershing LLC, a subsidiary of Bank of New York Mellon Corporation. Pershing is one of the world’s largest providers of back office services to the financial sector.

Click on the link below to go to Pershing Securities Limited investor account protection web page .  From here clients can also navigate Pershing’s website further  to gain a fuller knowledge of the business if required.

Conflicts of Interest

Principle 8 of the FCA Handbook requires S & T Asset Management to manage conflicts of interest fairly. When the firm has, or may have, a conflict of interest between itself and its client, or between two clients, the firm must pay due regard to the interests of each client and manage conflicts of interest fairly.

S & T Asset Management will take reasonable steps to ensure fair treatment of its clients and will disclose the interest to its clients either orally or in writing before it provides the investment advice and is able to demonstrate that the client does not object.

Telephone Recording

In accordance with current regulatory requirements, S & T Asset Management record all conversations which concern the firm’s agreement to act as agent in receiving or executing client orders, or arranging for client orders to be executed. S & T Asset Management also record telephone conversations which concern the execution of orders that result from decisions made by the firm to deal on behalf of its clients or when placing orders with other entities for execution that result from decisions by S & T Asset Management to deal on behalf of its clients.

Order Execution

Our Order Execution Policy can be found in the PDF below.

Download PDF here.

Treating Customers Fairly

Our Treating Customers Fairly Policy can be found in the attached PDF.

Download PDF here