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.
Do you mark your own homework?
Paul Jay Compliance assessment tool, Conduct, DB Pension, DBAAT, Defined Benefit, FCA, FOS, Pension, PI, Senior Manager, SM&CR, Switch, transfer
Most firms will have at least vague recollections of the FSA’s thematic review of pension switching and the report it produced in December 2008. It produced a flurry of activity, but as time has elapsed it has perhaps become a distant memory, despite the high volumes of replacement business that have been and continue […]