FCA Guidance Archives

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.

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.

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

Ed Evans - 19th November 2014

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.

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.

Full or Limited Advice and the FCA’s expectations of you

Ed Evans - 6th August 2014

A summary of the FCA’s expections of a full or limited advice service and their impact on financial adviser’s suitability reports.

FCA Guidance – Budget Pension Reforms

Ed Evans - 10th April 2014

In light of the pension reforms announced in the recent Budget, the FCA has released guidance on how to advise clients making retirement income decisions in the run-up to April 2015.