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New APTA/TVC-related functionality added to Genovo

New APTA/TVC-related functionality added to Genovo

Ed Evans - 13th September 2018

Learn more about the new DB transfer-related features we’ve added to the Genovo suitability report app. in response to the FCA Policy Statement 18/6 including APTA and Transfer Value Comparator (TVC) functionality.

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How much information about a client’s circumstances should you include in a suitability report?

How much information about a client’s circumstances should you include in a suitability report?

Kate Ball - 18th September 2017

There are different thoughts and opinions surrounding how much detail about a client’s circumstances you need to include in your suitability reports. To add a little spice to this month’s user tip I’ve highlighted two slightly different viewpoints.

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How signposting can help control the length of   your suitability reports

How signposting can help control the length of your suitability reports

Kate Ball - 20th June 2017

Learn how you can easily signpost to third party documents within Genovo to help control the length of your suitability reports.

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Rory Percival: What you should and shouldn’t be including in your suitability reports

Rory Percival: What you should and shouldn’t be including in your suitability reports

Ed Evans - 23rd July 2015

You’ve probably noticed of late that Rory Percival, FCA Technical Specialist, appears to have been on a one-man mission to dispel some of the myths that have grown up surrounding suitability reports, and provide some much needed guidance on what should and shouldn’t be included within them….

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Do you need to include other products considered but discounted in your suitability reports?

Do you need to include other products considered but discounted in your suitability reports?

Ed Evans - 1st June 2015

Whether suitability reports should include a summary of all possible products that could in theory have met the client’s objectives together with the reasons why they were not recommended has been hotly debated amongst advisers, paraplanners and compliance officers for many years now.

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Client Objectives in Suitability Reports: What the FCA Expects of You

Client Objectives in Suitability Reports: What the FCA Expects of You

Ed Evans - 24th February 2015

The importance of including personalised objectives in your suitability reports and why you shouldn’t rely on generic, stock statements that frequently remain unchanged.

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FCA Suitability Report Guidance: What does the regulator expect from you? Part II

FCA Suitability Report Guidance: What does the regulator expect from you? Part II

Ed Evans - 3rd December 2014

The FCA has recently updated their Suitability Report Factsheet. This factsheet is essential reading for individuals who prepare suitability reports and / or monitor the quality of suitability reports prepared by others.

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FCA Suitability Report Guidance: What does the regulator expect from you? Part I

FCA Suitability Report Guidance: What does the regulator expect from you? Part I

Ed Evans - 19th November 2014

The FCA has recently updated their Suitability Report Factsheet. This factsheet is essential reading for individuals who prepare suitability reports and / or monitor the quality of suitability reports prepared by others.

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What is the difference between a disadvantage and a risk warning?

What is the difference between a disadvantage and a risk warning?

Ed Evans - 15th October 2014

The regulator expects you to give equal weighting to the upsides and downsides of your recommendations. Therefore you must include both disadvantages and risk warnings in your suitability reports.

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Projection of benefits or reduction in yield

Projection of benefits or reduction in yield

Ed Evans - 3rd September 2014

It is a key requirement of replacement business to provide a clear and accurate comparison of charges in a manner that is easy to understand.

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