AltIF (Alternative Investment Funds)
AltIF is a co-operative of experienced financial services professionals who provide distribution services to a number of onshore and offshore fund providers.
We are not authorised to provide financial advice, and purely provide information and due diligence services to UK authorised financial advisers on the funds we have chosen to promote.
Each fund on our panel has been carefully selected by us, and has successfully passed our own due diligence processes. We have close relationships with the providers of our range of funds. In
a number of instances having previously been employed directly by the fund
The AltIF consultants have a wealth of experience, having worked previously for major UK life, pensions and investment companies, overseas fund providers, international life companies and Independent Financial Advisory firms. As a result, we understand the rules and regulations governing use of our fund range within SIPP, SSAS, QROPS, QNUPS, ISA, Offshore life bonds and Trusts. We also have an in depth understanding of the FCA rules and regulations that govern the promotion of collective investment schemes by UK authorised financial advisers.
Where Unregulated Collective Investment Schemes (UCIS) are concerned, we tend towards the more conservative end of the spectrum. UCIS funds favoured are those with UK based assets, manged in the UK or jurisdictions close to the UK, and who demonstrate a greater degree of transparency in terms of business plans, accounts and access to the management team.
Part of our service is to assist IFAs in ensuring they promote these products in a compliant manner. Detailed guidance regarding setting up and maintaining a robust sales process is available if required. Please see our UCIS/NMPI Guidance page for an outline of a typical UCIS/NMPI process.