Third Party Administration

Meteor’s third party administration services include:-

Processing of applications - we handle the processing and acceptance of applications – from the initial checks on document completion and verification of identity through to the issue of Initial Transaction Statements.

Annual Statements/Income payments – we provide clear information giving investors an up to date ‘snapshot’ of their investment.

Plan Administration – this involves the timely payment of regular income payments, dealing with queries, providing information to investors and ongoing reconciliation of client assets.

Early surrender and transfer - this involves verifying investor identity, reconciling and liquidating the assets in accordance with the plan terms and conditions.

Adviser Service - We can set-up and maintain agreements with financial advisers allowing them to conduct business while at all times respecting the adviser/client relationship. This could include maintaining records and paying of commission.

HMRC reporting
We comply with all HMRC reporting requirements providing:

  • Annual ISA14 and PEP14 (Stats) to SPS
  • Annual ISA14 & PEP14 returns to SPS
  • Interim ISA10 & PEP10 returns to SPS
  • Quarterly ISA25 (Stats) to SPS
  • Annual ISACOM100Z and PEPCOM100Z to SPS