Simplybiz has unveiled a new proposition designed to support advisers through the creation of a compliant ongoing review service.
Delivered over a series of in-depth consultative sessions, the ongoing review service will include an assessment of firms’ charging models, client agreements and disengagement policies.
It will also review firms’ monitoring systems and MI readiness.
Zayd Ahmed, business consultancy manager at Simplybiz, said the new service means advisers can opt for an approach with “more expert, hands-on guidance.”
He said: “We wanted to ensure our ongoing services proposition helped the advice firm to not only explore its internal processes and documentation but also feel confident they are meeting the guidelines set out by the FCA in this area.
“We’re passionate about helping advisers keep on top of their regulatory requirements in whichever way suits them best and creating more time for them to spend with clients.”
The new service follows a number of business consultancy propositions from Simplybiz, which include support for firms around charging structures, centralised investment and retirement propositions, as well as Consumer Duty implementation.
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