The FSA has given IFAonline permission to reproduce the prototype of its proposed off-the-shelf fina...
The FSA has given IFAonline permission to reproduce the prototype of its proposed off-the-shelf financial healthcheck, to give financial advisers a better indication of how the generic advice will work and what it could look like. Designed by both mPower and the Financial Services Authority, the prototype is written as a 'flash' document and covers several basic scenarios which clients may seek advice on. Rather than looking at a whole range of client-need scenarios, the off-the-shelf generic advice system - first proposed by Ron Sandler in his review of the retail financial servi...
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