Criterion has launched a Letter of Authority (LoA) data checklist for financial advisers.
Designed in collaboration with Criterion's industry working groups, the checklist is a free resource designed to help advisers request the right data. "The new standard empowers financial advisers to request all relevant investment data in a consistent format, making it easier for providers to respond efficiently and accurately," it set out in a press release. Quilter advice proposition lead Charlotte Hughes said: "For many clients, one of the first steps they take with their adviser during the financial advice journey is the LoA. "But in too many instances, this first step can bec...
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