Disclaimer

Regulatory
This website should not be regarded as an offer or solicitation to conduct investment business as defined by the Financial Services and Markets Act 2000. Past performance of investments is not necessarily indicative of future performance. The value of investments may fall as well as rise and the income from investments may fluctuate and is not guaranteed. Clients may not recover the amount invested. The investments mentioned on this website are not suitable for all types of investors. Investment advice should always be sought from a qualified investment adviser before any investment is made.

General Conditions of Use
This website and the information contained in the site is copyright World Wide Resource 2001 - 2011. All rights reserved.
Please read the following terms and conditions carefully before using this site.
By using this site, you signify your agreement to these Terms and Conditions. If you do not agree to these Terms and Conditions, do not use this site. World Wide Resource may modify these Terms and Conditions at any time. Please read carefully:

1.Whilst we try to ensure that the information on this site is accurate and complete, we do not accept any liability arising from any inaccuracy or omission in the information on this site. We advise you to verify the accuracy of any information before relying on it;
2.The material found on this site may not be used for commercial purposes;
3.Any copies taken must retain any copyrights or other intellectual property notices contained in the original material;
4.You are prohibited from removing any copyright, trademark or other intellectual property notices contained;
5.We endeavour to ensure that the material contained on the website is accurate and complete at the date first published. You should further recognise that information contained on this website may become out of date over time;
6.The website and the information contained in it is provided for your use "AS IS" without any warranty (whether express or implied) of any kind;
7.World Wide Resource does not accept any liability for loss or damage however caused which you may directly or indirectly suffer in connection with your use of the World Wide Resource  Website. World Wide Resource does not accept responsibility for any such loss arising out of or reliance on information contained on its website;
8.The copying and use of World Wide Resource logo is not permitted without prior approval of World Wide Resource;
9.We may store Email addresses for our own purposes, which may include contacting you with information that we believe may be of interest to you.

Changes to Website
The format and content of this website may be changed at any time without notice. The operation of this website may also be suspended or discontinued for support or maintenance work, in order to update its content or for any other reason. Access may be terminated either in relation to specific users or generally at any time and without notice.

Privacy
World Wide Resource does not collect personal information about individual users except when such individuals specifically provide such information on a voluntary basis. If you communicate with us by e-mail you are voluntarily providing us with your e-mail address, and if you fill out an enquiry form or a 'register of interest' form you are voluntarily providing us with the information you enter. We will only use this information to communicate with you. Personally identifiable information on individual users will not be given, sold or otherwise transferred to unaffiliated third parties, without the approval of the user at the time of collection.

Compliance FSA SIPP Returns On-Shore/Off-shore Key Facts



Collective Investment schemes
Under article 51 RAO there are separate specified activities for establishing, operating and winding up a collective investment scheme. A collective investment scheme is defined in section 235 FSMA as follows:

(1) In this Part "collective investment scheme" means any arrangements with respect to property of any description, including money, the purpose or effect of which is to enable persons taking part in the arrangements (whether by becoming owners of the property or any part of it or otherwise) to participate in or receive profits or income arising from the acquisition, holding, management or disposal of the property or sums paid out of such profits or income.

(2) The arrangements must be such that persons who are to participate ("participants") do not have day to day control over the management of the property, whether or not they have the right to be consulted or to give directions.

(3) The arrangements must also have either or both of the following characteristics-

(a) the contributions of the participants and the profits or income out of which payments are to be made to them are pooled;

(b) the property is managed as a whole by or on behalf of the operator of the scheme

(4) If arrangements provide for such pooling as is mentioned in subsection (3)(a) in relation to separate parts of the property, the arrangements are not to be regarded as constituting a single collective investment scheme unless the participants are entitled to exchange rights in one part for rights in another.

It is therefore very evident that our company is no way falls under the auspices of the FSA. We therefore cannot use the FSA in any of our promotional literature or dealings as a professional and regulatory body providing protection to our clients, they do not and cannot. No mention of the FSA should be made in terms of any of worldwideresource.co.uk business dealings with it’s clients. We understand that many off-shore property agents use the FSA as a crutch to sell and/or liken their company’s products to a financial service, it is illegal, and if they were trading in the UK they would be prosecuted or closed down.