FCA's Percival: Avoid template objectives in suitability reports
Advisers and paraplanners should avoid using suitability reports pre-filled with templated objectives, Financial Conduct Authority (FCA) technical specialist Rory Percival has said.
"Let the adviser fill in a personalised report based on the client," he told delegates at a conference held by discretionary investment manager Thesis Asset Management. "My suggestion is don't have...
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