Hot on the heels of our Periodic Review update last week, we have added a new section to the main Suitability Report template to cater for the consideration of Pathway Investments within a retirement recommendation.
Whilst we are certain there is no regulatory requirement to mention Pathway Investments within a suitability report, we understand there are firms who would like to note their consideration under certain circumstances. Our sister firm ATEB Compliance has provided the following articles regarding Investment Pathways:
https:/investment-pathways-rules-deferred
https:/investment-pathways-go-live
Template Change Detail
Main Suitability Report
| Change at a glance | Location | Detail |
| Addition of Pathway Investments text. | Retirement Plans → Further Considerations → Pathway Investments | Descriptive text for Pathway Investments has been catered for within the Retirement Plans page of the main Suitability Report template. |
Please don’t forget we have a collection of ‘how to’ guides, articles and hints/tips via our FAQs which are available on our Help & Support Portal.
Our support team are available 9am – 5pm / Mon – Fri to answer any further questions you may have support@atebsuitability.co.uk / 0191 338 8177.
FCS Transitional Arrangements
Steve Bailey Compliance Update
As you will be aware the Financial Services Authority ceased to be and the Financial Conduct Authority took over the regulation of financial advice firms on 01 April 2013.
The FSA issued PS13/05 last week which includes updated rules and transition arrangements. The policy statement itself is 88 pages but the ‘appendix (3)’ that accompanies it is a mere 1990 pages so you must excuse us for not as yet absorbing every word. The document can be seen here.