Avoid it! Don’t assume that your clients will understand technical terms and acronyms. Yes, there has to be a degree of technical information, but wherever possible, explain this in simple terms.
We like the ‘granny test’ (with the greatest respect to all grannies all over the world) i.e. if your granny (or wife, husband, partner, aunty, uncle or best mate) can understand it, then you’re on the right track.
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The profile of ESG investments has increased significantly in recent months. Firms need to be consider how those fit into their investment and advice processes.
Free client guides are available from the Money Advice Service.
The FCA has been busy writing letters in 2020, and it’s still only February.
The IR35 regime is due to be extended in April 2020 but is ‘under review’.
Are passives the new benchmark?
Alistair MacDougall Compliance 2018, 2019, FCA, MiFID, Pension, PI
Costs are under close scrutiny by the FCA. What do firms need to consider?