Contents of SHORT Reports
For AKG DFM Profile & Financial Strength Reports
The information currently included in each SHORT Report in AKG's series of DFM Profile & Financial Strength Reports is structured as follows:
Information on the main company:
For each report, detailed analysis is provided in respect of the company which is the platform provider within the group.
The ultimate owner of the company (or the majority owner if there is more than one owner). For UK registered companies, this information is disclosed in the company’s statutory accounts. For overseas owners, the country of domicile is also shown.
- Year Established
The year that the current corporate entity started operating, which is usually the year of incorporation.
- Head Office
The address and contact numbers of the Head Office (usually defined as the location of the company’s most senior management. Need not necessarily be the company’s registered office address.)
The URL of the brand's main website.
- Key Personnel
A short list of the senior individuals considered to be of most interest to readers, such as chief executive, business development director etc.
- Company Background
A broad overview of the general background of the company, including any significant historical changes such as predecessor companies, transfers/mergers, name changes etc.
DFM Financial Strength
A brief summary of the key factors that AKG feels are most pertinent to its assessment of the company’s DFM Financial Strength.
- DFM Financial Strength Rating
AKG’s assessment (on a scale of A, B+, B, B-, C, D) of the company’s DFM Financial Strength. See the ‘Guide to AKG Ratings’ for further details of the methodology used.
Key Financial Data
- Shareholder Funds
A table showing the make-up of shareholder funds in each of the last three accounting periods.
- Capital Resources
A table showing, if known, the available capital resources, capital resources requirement (CRR) and excess capital resources at the end of the last three accounting periods.
- CRR Coverage Ratio
A table showing, if known, the available capital resources expressed as a percentage of the capital resources requirement at the end of the last three accounting periods.
- Profit & Loss
A table analysing the company's profits in each of the last three accounting periods, showing, if known: turnover/revenue, expenses, profit/loss before tax, tax, dividends and retained profit/loss.
- Expense Ratios
Total annual expenses expressed as a percentage of mean Assets under Management.
- AKG Comments
Explanatory comments from AKG in respect of the tables and any other relevant financial information.
Further brand-related information:
- Overview and Governance
An overview of the proposition offered, including reference to key governance elements involved.
Assets under Management (AuM)
A table showing the change in Assets under Management (AuM) in each of the last three accounting periods, together with the annual growth rate in AuM expressed as a percentage.
Image and Strategy
AKG’s views on how the brand is perceived in the marketplace and the current strategy adopted.
An overview of the methods by which the organisation distributes its products and service.
An overview of the organisation’s approach to servicing business under the brand name.
AKG's comments on how the brand has performed during the year under review, particularly relative to its peers.