We have completed the latest upgrade to ATEB Suitability on 16 September 2024. This update comes at no additional cost and provides various template-related enhancements.
Full details of the enhancements can be found below:
Suitability Report Template: New ‘Capital Redemption Bond’ product type
‘Capital Redemption Bond’ has been added as a new product type to our suite of ‘New’ and ‘Existing’ investment products. This product will be available for recommendation or review alongside our current ‘Bond’ offerings and will feature a new ‘What is it?’ section, along with a comprehensive suite of reasons, disadvantages, risk warnings and glossary items.
Suitability Review Template: New ‘Reasons’ and ‘Disadvantages’ formatting
We have added a new toggle button to the ‘Recommended Plans page’ of the ‘Suitability Review’ template. This button enables users to capture their reasons for the recommendation and any potential disadvantages, either in a single paragraph free text box or as separate bullet point lists.
Suitability Report Template
| Change at a glance | Location | Detail |
|---|---|---|
| New ‘Capital Redemption Bond’ product type. | Getting Started page → Select ‘Investment Advice’ → Investment Plans page → ‘Is this a New or Existing Plan?’ = ‘New’ or ‘Existing’ → ‘Product’ list drop down = ‘Capital Redemption Bond’ | A new product type is now available for recommendation, featuring a comprehensive suite of reasons, disadvantages, risk warnings and glossary items. |
Suitability Report & Review Templates
| Change at a glance | Location | Detail |
|---|---|---|
| New ‘Reasons’ and ‘Disadvantages’ formatting option. | ‘Review Details’ page → ‘Existing Plans’ table → ‘Action’ = Any recommended action → ‘Recommended Plans’ page’ → ‘Do you wish to capture you reasons for the recommendation and any potential disadvantages in a single paragraph free text box or separate bullet point lists?’ | A new toggle button will enable users to capture their reasons for recommendation and any potential disadvantages, either in a single paragraph free text box or as separate bullet point lists. |
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.
Model behaviour
Alistair MacDougall Compliance Drawdown, EBI, FCA, ML, PI, Switch
The advent of Consumer Duty has catalysed a lot of focus on fair value, or at least a lot of chat. Anecdotal evidence would appear to suggest that many firms may not have made any material changes to their charging structures. However, a recent survey by Schroders gave rise to a headline in the financial […]