W P S WEALTH LIMITED

Limits on what they may do

• Voluntary application for imposition of requirements wef 01/04/2025

  1. WPS Wealth Limited (“WPS” or the “Firm”) is required to abide by a Deed Poll executed by it dated 18 March 2025 (the “Deed Poll”) in relation to specified clients listed in an Annex to the Deed Poll. Under this Deed Poll WPS accepts liability and responsibility for regulated activities and services carried on by the firm which previously carried out regulated services and activities in relation to those clients listed in the Annex (the “Previous Firm”). 2. WPS will not onboard or otherwise advise any additional clients currently or formerly advised by the Previous Firm (the “Additional Client(s)”) without the Authority’s prior written consent. 3. WPS will, if the Authority gives such prior written consent, amend the Deed Poll to include the names and details of all Additional Client(s) to those set out in the schedule to the original Deed Poll.  The amended Deed Poll must be re-executed prior to the Firm engaging in any business with or for such Additional Client(s). 4. In addition, WPS will not enter into any agreements in relation to future movements of any clients (including, for the avoidance of doubt, any Additional Client(s)), by gift or sale, without the Authority’s prior written consent. Without prejudice to the Authority’s absolute discretion, it shall be a condition to the provision of such prior written consent that WPS ensures that, to the satisfaction of the Authority, the firm receiving or acquiring the clients assumes liability and responsibility in relation to regulated activities and services carried on by WPS for or in relation to such clients. Such assumption of liability and responsibility shall be on substantially the same terms as the Deed Poll.  5. WPS will notify the FCA if WPS intends to engage or employ the services of any current or former adviser or director of M4 Financial Group Limited in any capacity (including, without limitation, as an employee, director, consultant or through any agency or other relationship). This includes referring/introducing business to and from the individuals captured under this Requirement. Effective date 6. The requirements in this application are to take effect immediately upon the Firm becoming authorised and upon their acceptance by the Authority, as notified to the Firm via email. 7. These requirements will remain in effect until the Authority approves an application by WPS to have these requirements removed, having demonstrated to the Authority’s satisfaction that it is continuing to satisfy Threshold Conditions in relation to all the regulated activities for which it has Part 4A permission.