Conflicts of Interest.

Last updated: 15 July 2026

1. Why this matters to us

Our business is built on independence. We hold no proprietary products and are paid by our clients, not by product providers, which removes the most common source of conflict at the outset. Nevertheless, conflicts can still arise, and we manage them rigorously.

2. Identifying conflicts

We identify circumstances that may give rise to a conflict between us and a client, or between one client and another. These can include the receipt of benefits from third parties, personal interests of our staff, and situations where we could gain at a client's expense.

3. Managing conflicts

We manage conflicts through organisational and administrative arrangements, including information barriers, independent selection of investments on their merits, a policy of not accepting inducements that conflict with your interests, a personal-account-dealing policy for staff, and independent oversight. Where a conflict cannot be managed with sufficient confidence, we decline to act.

4. Disclosure

Where our arrangements are not sufficient to prevent a risk of damage to your interests, we will disclose the nature and source of the conflict to you clearly and in good time before we act, so that you can make an informed decision.

5. More information

A fuller description of our conflicts policy is available on request from privacy@wm.johninvest.ltd.