Because nobody likes creating written suitability reports (well, that’s not strictly true) when they could be doing something else instead. Your written suitability reports are required by compliance and will be sifted through with a fine toothcomb. it would also be nice if they could be easy to read too! That’s why we take the strain. Our experience in creating quality, concise and readable written suitability reports helps you both tick all the compliance boxes and produce letters that your clients will actually read and understand.
Written suitability reports are the item that often rounds off your advice. They explain in detail to your client the information recorder and the advice given. In many ways, these written suitability letters should actually help promote client retention and the referral process. After all, what better way to confirm that you have done all you said you were going to do? Written suitability reports are also the documents that ensures you double-check the advice given against the goals. All in all, this is a pretty powerful tool for your business. If it is carried our correctly.
Compliance departments love to analyse everything we do. It’s their role to ensure we stay on the right side of the FCA, after all. But, at the same time, you can end up in a seemingly endless conversation with the compliance department. Especially if your written suitability reports are not deemed fit for purpose. That’s why we’re here. Our written suitability reports are not just bland templates, they have been built from years of experience writing these reports. Yes, our written suitability reports are compliant, and based on actual information on your client files, they are also readable.