Post on 19-Jan-2015
description
Fair Investment Company LimitedProposition
A presentation to Triodos Bank
31 March 2011
“Charities are leaving billions of pounds in donations in business accounts paying little interest.
But there is an alternative”
Jill Papworth, The Guardian 26 March 2011
Overview
Established 2000, by 2008 grown to be a leading price comparison and lead generation site
Charity giving - 10% of profits annually – over £0.5 million to date
2009 launched saving and investment services
Delivering - cash and investment solutions
Focusing - on strong brand ethics and working with well known brands
Using - innovative online marketing distribution
Our vision
To provide:
Full client service to include savings (cash), investments and pension
Full institutional service focusing on solutions for businesses, charities and pension trustees
Bespoke solutions for high value investors
Solutions that empower investors to make informed choices
Excellence in Customer Service
Ethical and sustainable bank, campaigning to raise awareness of their services for charities and social enterprises
Supporters of the charity and social enterprise sector for over 15 years
Savings across the group increased by Eur 508 million in 2009, 24% increase on previous year
In the UK:
2009 saw significant growth in loan book compared with marginal savings growth, meaning lending was funded out of existing liquidity
2010 targeting growing savings by £20 million in the UK
‘We want to influence the development of the banking industry. Not simply by talking about asustainable financial future, but by actively delivering it.’ Peter Blom
Solutions for charities
Average charity savings rate just 0.38% for instant access and 1.68% for fixed rates
Charities receive almost 50% less interest than other savers
Charities know they are getting a poor deal but don’t know what to do about it
Fair Investment aim to provide charities with access to a range of savings accounts paying above the market average
“At our charity one of our Trustees was unhappy with the interest rates that were being offered by our bank.Over recent years we have seen an eroding of income from interest received from our reserves…..our dealings with Fair Investment have been excellent – our accounts were set up much more quickly than traditional institutions, and we are already feeling the benefit of increased interest income.”Trustee and Director of Charity of SME Charity
What Fair Investment offers to providers of charity savings
Established infrastructure and scalability
Proven track record of success in charity acquisition
Access to a wide distribution base
Total assets under influence across all clients since 2008 - £million plus
Number of charities
Total business
Average Investment
Customer journey
ISAs, Savings and Investments
ISAs, Savings and Investments
ISA, Investments,Savings and
other FDM Deals
ISA, Investments,Savings and
other FDM Deals
Brands operated by Fair Investment
Brands operated by Fair Investment
Brands operated by FDM
ISA / Savings distribution
partners
Distribution
Case Study – 7 Day Notice Account – Current Rate Up to 1.85%
Number of Requests
Conversion Rate (%)
Total Business
Average Investment
Case Study – 3 Year Fixed Rate – Top Rate 4.1%
Number of Requests
Conversion Rate (%)
Total Business
Average Investment
Current products
Provider Instant Access
7 Day Notice
9 Months 1 Year 18 Months 2 Years 3 Years
- - - 2.55% - 3.05% 3.60%
- - 2.00% - 2.60% - -
Up to 1.50%
Up to 1.85%
- 1.25% - - -
Fair Investment working with Triodos Bank
Ethical Ethos within both organisations
Fair Investment offers:
Nationwide reach across the internet
Ability to promote competitive fixed term deposits to the wider market with a proven track record and deliver savings
Ability to map out expected return over given period, based on tranche based offerings
Access to a maturity process which aims to retain 60% of clients at maturity
Next steps / questions?
George Ladds, Business Development Manager T: 0117 933 5559M: 07801 515769
E: georgel@fairinvestment.co.uk