Getting it right: What to include in a compliant client file (part two)

In the previous article, I looked at the importance of four of the key areas that advisers need to address when drawing up a client file: accepting customers; knowing customers; assessing attitude to risk; and investment process. This time I'll be focussing on two equally important areas: research, literature and product disclosure, and suitability reporting.   Research, literature & product disclosure Independent advice There must be full, whole of market research for both product and provider/platform/wrap to justify the recommendation; Sufficient evidence must be on fil...