Best execution
We’ll exclusively transmit orders relating to shares, fixed interest investments, warrants and other direct holdings to Benchmark for execution or further transmission. Benchmark have been selected for their ability in aiming to achieve the best possible results. Please refer to our providers website (link below) for information which confirms execution quality for the orders handled via their service.
We’ll execute orders relating to holdings in collective investment schemes directly with the fund provider. This ensures timely settlement with full disclosure of price and any associated cost in aiming to achieve the best possible results.
For collective investments we don’t pay or accept any fee, commission or other non-monetary benefit if it’s likely to impair our ability to act in your best interests, or it’s not permitted under the applicable regulations.
When executing orders in collective investment schemes, the most important factors taken into account are price and transaction costs. In certain circumstances, we may also take into account other factors such as speed, likelihood of execution and settlement, size or any other consideration that we deem relevant for the purposes of dealing with your order.
Lloyds Wealth has established and implemented a conflicts policy to ensure close links to execution venues or other factors that give precedence over immediate price and cost when executing retail client orders.