Tag Archives: ifa

Rocket Science? Not really!

remedial compliance sales process smcr ifa kyc questions

Quite simply put, if you are in sales, there is no way you should recommend anything to your client’s unless you can prefix it with “… because you said X and Y and Z, I recommend ABC …”

IFAs! Have your work double-marked for suitability

suitability-report-independent-check-fca-regulatory-expert-specialist

‘Can help iron out rough edges’ Advisers should have their work checked over to make sure standards remain consistent and high, according to Threesixty Services managing director Phil Young.  Small, independent and directly authorised firms performed slightly less consistently than their larger and restricted counterparts in the regulator’s recent suitability review, but Young argued even […]

Increasing Cost of Compliance And How To Reduce It

compliance-fca-regulatory-uk-financial services-effective-efficient

Regulatory Compliance Costs Can Be Mitigated We Guarantee To Beat Any Like For Like Quote By At Least 5% Notice: JavaScript is required for this content.

Is Your Compliance Team Failing To Prepare Senior Management For The Future?

The Financial Conduct Authority will put firms senior managers “through their paces” with the introduction of the Senior Manager’s Regime in 2018, … … and regulatory professionals need to ensure that the board takes its compliance responsibilities seriously“, the owner of “Compliance Consultant“, Lee Werrell has warned. “Although the industry had yet to see the […]

UK IFA Suitability Report Construction Guide

fca-suitability-report-ifa-construction-guide1

Suitability Report Construction Guide Just Complete Your Details Below Name Email

FCA tells firms to revisit past advice after suitability review

FCA tells firms to revisit past advice after suitability review The Financial Conduct Authority (FCA) has said firms should revisit advice given in the past after it found unacceptable examples of suitability reports as part of a review which involved 700 firms. In April 2016 the FCA started the review when it asked firms for […]

IFA Access Compliance advice on Facebook

Message from the Owner: Hello, my name is Lee Werrell, Chartered Fellow of the Chartered Institute of Securities and Investments and a Fellow of the Institute of Sales & Marketing Management. I have also written the “Compliance Managers Guidebook and Reference) found on Amazon and the book “Conduct Risk”.  Anyway, you may or may not […]

How Does The FCA and PRA Big Brother Thing Work? (Infographic)

Of course there are many other ways that the regulator may hear about something detrimental, but we have shown the mainstream areas here. Members of our retainer “Call Anytime Service“ get access to the “Regulatory Crisis” help we provide and will receive free regular updates and information. See the “Shop” for details.

Ask Anytime Service for SMEs

“Who Else Wants To Have Compliance Answers – Fast .” Dear Friend, My name is Lee Werrell. You may or may not have heard of me. Either way I think it’s important to know I’ve just created a brand new Service to IFAs and Wealth Managers filled with secrets that will completely change the face […]