APFA publishes 'less is more' suitability guidance

According to APFA, "less is more" when it comes to disclosing information, therefore advisers should limit communications to what "is really important" for a consumer when considering the advice given. The body suggested advisers should 'layer' the reports with the most important information included up-front, while less immediately relevant material is either put towards the end of the report or placed on a website.  Upfront information should include costs and risks as well as clear signposting as to what is in an annex and its relevance, APFA said. "Consumers should not be ...