Modern Slavery Act Transparency Statement for Fairstone Group Ltd

OPENING STATEMENT FROM Lee Hartley, CEO, Fairstone Group LTD

Fairstone Group is dedicated to preventing modern slavery and human trafficking from taking place within its business and supply chain and we place the same expectation on our suppliers.

STRUCTURE AND SUPPLY CHAINS

Fairstone Group Ltd has a number of subsidiary businesses; Fairstone Financial Management Ltd, Fairstone Financial Management (City) Ltd, Fairstone Mortgage Solutions Ltd and Fairstone Private Wealth. The Group employs 130 people in its offices across the UK. The following weblink provides more information regarding the nature of our business www.fairstone.co.uk

The nature of our business requires that we transact business on behalf of our clients with a range of suppliers e.g. insurance companies, fund managers, platforms and lenders

POLICIES RELATING TO SLAVERY AND HUMAN TRAFFICKING

The following policies exist within our organisation which demonstrate our opposition to modern slavery:

  1. Employment Policy which includes grievance policy
  2. Ethical and Diversity Policy
  3. Public Interest Disclosure (Whistle Blowing) Policy
  4. Equal Opportunities Policy
  5. Positive Work Environment Policy
  6. Training & Career Progression

 

We ensure our suppliers are aware of our policies, and encourage them to adopt the same high standards.

DUE DILIGENCE PROCESSES RELATING TO SLAVERY AND HUMAN TRAFFICKING

As part of Fairstone’s initiative to identify and mitigate risk, Fairstone carries out appropriate due diligence when engaging and working with suppliers taking into account the risk the services provided:

In the main, we only deal with firms authorised and regulated by the Financial Conduct Authority and subject to scrutiny by them

TRAINING

Fairstone provides training and career development for all employees. Further support is given to managers to ensure consistency on the application of our recruitment processes