Following a recommendation by David Ireland, a partner at law firm Dentons Kensington Swan, that financial advisers start adopting some of the incoming regulatory standards ahead of next year’s introduction of the Financial marketing act, we asked if you are already stating to document the advice you are giving clients.
So far a whopping 86% of those who have taken part in our poll say they are, 7% say their aren’t, and 7% aren’t sure if they are meeting the requirements of the incoming act.
There’s still time to vote… And you can read more in our story Get Ready For Day One Now.
Are you already meeting the requirements of the incoming regulatory regime when it comes to documenting advice you give to clients?
- Yes (83%)
- Not sure (10%)
- No (7%)