This statement is made on behalf of Chase de Vere IFA Group Plc (Chase de Vere) pursuant to section 54(1) of the Modern Slavery Act 2015 (the Act), and constitutes our Group’s slavery and human trafficking.
Chase de Vere has a zero tolerance approach to any form of modern slavery. We are committed to acting ethically and with integrity and transparency in all business dealings and to putting effective systems and controls in place to safeguard against any form of modern slavery taking place within the business or our supply chain.
In the increasingly complex UK financial services market Chase de Vere are known as experts in our field. We have been a trusted source of independent financial advice for over 45 years, which makes us one of the UK’s longest established practitioners.
Backed by Swiss Life, one of Europe’s largest personal finance groups, we are well placed for the longer term and able to exercise our position and influence in the market for the benefit of our clients. We act for individuals as well as companies and their employees, all of whom are seeking to prosper financially from our tailored financial advice.
We believe in giving holistic advice that complements our clients’ personal financial goals. We do this by first getting to know our clients and their objectives and then offering them solutions that work towards their goals.
As independent financial advisers we are free to choose products from the entire UK financial services market. This means our clients can be sure that whatever advice and solutions we offer; we offer them with complete impartiality as we are not beholden to any given product provider. Any products we put forward we will have chosen for their value for money and their suitability for our clients’ individual circumstances. We believe this is the only route to ‘best value’ appropriate advice.
We have offices throughout the UK and pride ourselves on delivering all the capabilities you would expect from a large national organisation at a local personalised level.
As financial services providers, our supply chains are relatively straightforward compared with other sectors in the UK and the majority of the providers of services and goods we use are based in the UK.
Within the financial services sector, although the risk of modern slavery or trafficking taking place in our supply chain is low, we understand the importance of combatting slavery, human trafficking, servitude and forced labour.
We expect our suppliers and contractors to demonstrate a zero tolerance approach to exploitation. To this end, all new contracts and those renewing, now include a clause requiring that our suppliers, and their subcontractors, comply with the Act, and include Chase de Vere’s right to terminate in the instance of any breach of this obligation.
We expect all colleagues to be treated fairly, with respect and dignity, regardless of whether they are employed directly or through a third party or supplier.
To support this, we operate a number of internal policies to ensure that we are conducting business in an ethical and transparent manner. These include:
1. Recruitment policy – we operate a robust recruitment policy, including conducting eligibility to work in the UK checks for all employees to safeguard against human trafficking or individuals being forced to work against their will.
2. Whistleblowing policy – we operate a whistleblowing policy so that all employees know that they can raise concerns about how colleagues are being treated, or practices within our business or supply chain, without fear of reprisals.
3. Safety and Well Being of Staff – this policy sets out the safety of staff while dealing with clients of Chase de Vere.
4. Code of Conduct – In line with and to underpin our values, we adhere to the Swiss Life Group ‘Code of Conduct’. The code offers guidance for our interactions with each other and with all persons outside of Swiss Life with whom we come into contact. The code expands on how the principles are practically incorporated into our day to day work lives.
Chase de Vere will continue to use its internal communications vehicles to raise awareness of the issue of modern day slavery and human trafficking. Where appropriate we will conduct training for our colleagues involved in procurement and tender processes so that they understand the signs of modern slavery and what to do if they suspect that it is taking place within our supply chain.
As part of our procurement process, we will only engage with suppliers and contractors who confirm their compliance with the Act. We consider our exposure to modern slavery to be limited. Nevertheless, we seek their confirmation of compliance with the Act. Furthermore, we undertake risk assessments of our suppliers across the entire organisation and will ask for specific assurances from those suppliers carrying the highest exposure to risk.
Our Performance Indicators
We will know the effectiveness of the steps that we are taking to ensure that slavery and/or human trafficking is not taking place within our business or supply chain by:
- Having no reports that are received from employees, the public or law enforcement agencies to indicate that modern slavery practices have been identified.
- Reviewing and updating internal due diligence policies and procedures in relation to procurement and purchasing.
- Training all colleagues with procurement and responsibilities to ensure such colleagues understand the risk of modern slavery and human trafficking in our supply chains.
Approval for this statement
This statement has been approved by the Board of Directors.