Menu
Zombie
Suitability

As we near Halloween and reach the twilight of our journey, we thought this might be appropriate.

Without wanting to scare the living daylights out of you, could your suitability reports come back from the grave to haunt you sometime in the future?

Over the many years that we’ve worked in this industry, there have been countless episodes of retired advisers being chased by the FSCS, lawyers or ambulance chasers.

The best defence you have is a robust client file and of fundamental importance is a fit for purpose Suitability Report.

We leave our journey from A – Z therefore by imploring you, whether or not you use ATEB suitability, to ensure that your suitability reports are of the highest possible quality.

Don’t forget to check Our View about this article and the Actions Required By You

arrow-top-right

Important Note: ATEB news is intended to provide general information ONLY. The content, including any views expressed or guidance provided, does not replace the need to comply fully with FCA Rules and Guidance. Unless you have discussed news article content with ATEB, and specifically how it relates to your circumstances, then ATEB disclaims all liability and responsibility and actions arising from any reliance placed upon it. For the avoidance of doubt therefore, any reliance you place on such information without our consultation is at your own risk.

ATEB Compliance offers compliance and regulatory advice.

ATEB Suitability provides report writing software for the financial services market.

CREATE BEAUTIFUL
SUITABILITY
REPORTS
TRY IT FOR FREE
TAKE BACK
CONTROL OF YOUR
SUITABILITY REPORT
PRODUCTION
TRY IT FOR FREE
SUITABILITY
REPORTS
WITH FULL
COMPLIANCE
CONFIDENCE
TRY IT FOR FREE
HANDS-ON COMPLIANCE
Helping you to implement solutions
FILE CHECKING
All business cases checked, including DB transfers
Section 166 and
Regulatory Reviews
Extensive S166 experience
Audits and
Health Checks
Need a regulatory check-up?
E-COMPLIANCE
A lighter touch support service
FCA Applications
We have completed hundreds
of Part IV applications
previous arrow
next arrow
Slider

About the Author

David Anderson

David Anderson

Director - Having joined us directly from university, David quickly developed into an indispensable member of the team. As our IT Director he is responsible for ATEB’s technology strategies, security systems and platforms. He has been at the forefront of the development of ATEB Suitability and instrumental in ensuring that the complex regulatory requirements are catered for in an interactive and intuitive fashion. He would be delighted to discuss its capabilities with you in more detail.

Contact Us

2014 AtoZ PI
Suitability

Brought to you by

Explore more articles in this category

Other articles that you might be interested in

Banking business checklist commerce

Use it … or lose it

Compliance , , , , , ,

In its June quarterly consultation paper, the FCA announced proposals to make amendments to the Handbook relating to its powers to vary or cancel the permissions of firms authorised under Part 4A of the Financial Services and Markets Act 2000 (FSMA) to carry on FCA regulated activities. In the Financial Services Act 2021, which has […]

Read More
back to basics

Back to basics

Compliance , , , , , , , , ,

It will be a surprise to few in our industry that those firms involved in defined benefit pension transfer business have been under increasingly intense scrutiny over the past 18-24 months. ATEB has been engaged by many of those firms to assist them in dealing with the Regulator’s requirements for information, sample file checking, full […]

Read More
Five assorted color cars parked inside room

PS21_5 General Insurance Pricing Practices Market Study

Compliance , , ,

Following a series of market studies and guidance papers, that can all be accessed here; the FCA issued a policy statement to implement rules to ensure consumers receive fair value in home and motor insurance markets. While we will have all seen the headline message that “renewing home and motor insurance consumers are quoted prices […]

Read More
Monitor of convenient modern computer in office

FCA expectations – temporary long term absence

Compliance , , , , , , , , ,

Following consultation in CP20/23, which was published in December 2020, the FCA has made changes to the Handbook.     The affected sections are: SYSC 25.4 FIT 1.3 SUP 10A.14, 10C.9, 10C.10, 10C.11, 10C.14, 10C Annex 2G and 10C Annex 6R Form D In summary, the changes to the Handbook are intended to reflect the FCA’s […]

Read More
money laundering financial crime Hotrod die cast model on board

Extension of Annual Financial Crime Reporting Obligations

Compliance , , , , , , , , ,

Policy Statement PS21/4 summarises the FCA’s proposals to increase the number of firms (by circa 4500) who need to submit the annual financial crime report, which they refer to as ‘REP-CRIM’, based on its assessment and understanding of their business activities and potential money laundering risks. The REP-CRIM return provides the FCA with a range […]

Read More
Load More