Simplified advice: How to select a product suite

Although the FSA does not think it should explicitly decide what products should be available through simplified advice, it has offered some tips: Make sure... ...the product suite corresponds to the needs the firm's target market and is appropriate for their specific advice process. For example, no high-risk product in a process aimed at retail clients with low levels of investable assets and no investment experience. Undertake... ...rigorous due diligence and consider their clients' interests when selecting the product suite to ensure that it is appropriate. The range...