Modern Slavery Statement

Introduction

This statement is made pursuant to section 54 of the Modern Slavery Act 2015. It constitutes Advanced Asset Consultants Limited (“AAC”) and its subsidiaries (Just Sipp Limited -trading style) slavery and human trafficking statement in respect of the financial year ending 31 December 2022.

Group Structure

Advanced Asset Consultants Limited is a professional service firm offering clients’ advice and solutions in risk, strategy and Financial Planning and work within the United Kingdom’s financial service sector.

Our Business

Advanced Asset Consultants, main operating company, specialises in the provision of health, wealth and financial planning solutions for its clients, including the provision (insurance broking and risk management).

Our Supply Chain

As a professional services and solutions provider, Advanced Asset Consultants Limited does not operate in an industry where modern slavery is prevalent but nevertheless is committed to taking steps to uncover any potential risks within its supply chain.

Our Policies

Advanced Asset Consultants has various policies in place which aim to minimise the risk of modern slavery or human trafficking, and encourage reporting of any related concerns, including: –

A Robust Procurement Policy, In addition to the rigorous supplier assessment processes, including assessment of supplier modern slavery statements, Suppliers are required to report what steps they are taking regarding identifying the risk of modern slavery within their particular supply chain which will allow Advanced Asset Consultants to better assess the potential risks of modern slavery in its own supply chain.  Advanced Asset Consultants includes a specific requirement for compliance with modern slavery legislation in its standard terms and conditions and contracting agreements.

The Greater Good, Advanced Asset Consultants Limited Code of Conduct, is a significant part of the culture and makes clear that Advanced Asset Consultants Limited conducts business consistent with the highest ethical and professional standards and will not tolerate behaviour that deviates from those standards. Colleagues are expected to act with integrity, honesty, courage and promote mutual respect.

Speak Up Policy, Respect and a culture of openness in the workplace is a key aspect of the Advanced Asset Consultants Limited’s Code of Conduct. Advanced Asset Consultants Limited encourages colleagues and other business partners to report any concerns, including any concerns relating to modern slavery or human trafficking.

Training

Advanced Asset Consultants Limited’s Modern Slavery Policy has been rolled out to all colleagues and incorporated into induction training. It includes information on who colleagues should contact should they have any concerns.

There is additional training for those colleagues most likely to interact with supply chains with a potentially higher risk of encountering modern slavery.

Colleagues are encouraged to report any concerns or suspicions regarding the presence of modern slavery within the supply chain.

Going Forward

Advanced Asset Consultants recognises that tackling modern slavery requires a continuing year-on-year commitment and will continue to undertake due diligence in our supply chain and review and improve procedures to help identify and prevent the risks of modern slavery or human trafficking.

This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and has been approved by the Board of Advanced Asset Consultants Limited on 1st December 2022.

D McConnell 
Managing director 
Advanced Asset Consultants Limited