It is essential all independent advisers understand which of their clients could benefit from 'non-mainstream' investments, says Aileen Lynch, and therefore also the FCA's guidance on advising in this area
As you will be aware, since the implementation of the Retail Distribution Review, it has been a requirement for firms and advisers who refer to themselves as independent to demonstrate they have taken an unbiased and unrestricted view of the relevant market before making a client recommendation. For many advisers, this means they are having to find ways to increase their knowledge on a range of products and investments that may be reasonably new to them. We are in the process of running a series of non-mainstream events for our client firms and, at this halfway point, I thought it wou...
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