Order Execution Policy
As set out in our Order Execution Policy, we use our affiliate company Coutts & Co to execute orders.
Please read the 2018 Coutts’ Order Execution Report, it sets out the brokers that they have used and the results achieved.
Our objective in using our affiliate in this way is to benefit from a Centre of Expertise within the group and an established external broker framework. We have an established ongoing process to oversee and monitor Coutts’ implementation of the Order Execution Policy. Our conclusion for the year is that Coutts has met its Best Execution obligations for all customers.