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.
Dear CEO General Insurance Intermediaries Client Money Arrangements
Michael Senior Compliance FCA, protected, protection, transfer
Following a series of financial resilience surveys and a letter issued in September last year the FCA has issued a Dear CEO letter about adequate client money arrangements, that can be accessed here. The FCA is keen to ensure client money is adequately protected, that firms follow the CASS 5 rules and review arrangement […]