In this information document, we offer you an overview of how the investment advice provided by your KBC Insurance agent meets the IDD rules, what that means to you as a client and precisely what you can expect from your KBC Insurance agent and when.
- What products can your KBC Insurance agent advise on?
- What does product advice from your KBC Insurance agent consist of?
- How does your KBC Insurance agent integrate sustainability risks in the investment advice?
For which types of investment product can you go to your KBC Insurance agent for advice?
What does product advice from your KBC Insurance agent consist of?
- Advice on alignment with your risk profile, your protection and other needs, and the investment term
- Evaluation of your knowledge and experience
- Summary of the advice in the ‘Advisory Overview’
- Advisory approach within profile approach: whenever advice is provided, the risks of the individual investment are considered
- Buying and selling advice if you request it or on the agent’s initiative (e.g. based on suitability for the client or when an existing investment matures).
- General explanation of the charges associated with the investment, prior to the transaction
- No periodic assessments are performed of the suitability of your investments
How your KBC Insurance agent integrates sustainability risks and takes due account of the main adverse effects on sustainability factors
However, for all savings and investment-type insurance, KBC Insurance takes account of KBC group's general exclusion policy in its investment decisions. This stipulates that no investments may be made in companies that are involved in the tobacco or thermal coal industries, in the production and/or development of controversial weapons, in companies that contravene the principles of the UN Global Compact, or futures contracts on agricultural commodities. Any such companies are blacklisted and are not invested in. More specific information about these exclusions can be found at www.kbc.com