Keeping pace with regulatory change is a challenge for every advice firm. Understanding how regulatory changes affects the advice provided to clients is essential.
Consumer Duty, evolving FCA expectations and an increasingly complex regulatory environment mean firms must continually review the suitability of their advice and ensure recommendations remain appropriate, well evidenced and focused on delivering good client outcomes.
Regular pre-approval and file reviews help identify potential issues before advice is presented to clients. They also provide valuable management information, helping firms strengthen governance, identify training needs and demonstrate effective oversight of their advice process.
Management Information
Regular pre-approval file reviews provide valuable management information, helping firms identify trends, training requirements and opportunities to improve the quality and consistency of advice.
They can also identify potential compliance issues before advice is presented to clients, allowing corrective action to be taken at an early stage and reducing regulatory risk.
Whether you require a review of a single case or ongoing support across investment, pension, mortgage or protection advice, ComplyMe can provide a flexible service tailored to the needs of your business.
How we can help
ComplyMe has extensive experience in pre-approval file reviews, giving you confidence that your advice is being independently assessed by experienced compliance professionals. Each review includes a detailed report with practical feedback guidance and recommendations, helping advisers improve the quality and consistency of their advice while support firms in meeting their regulatory obligations.
Related services
Centralised Investment Proposition (CIP)
ComplyMe can review your current Centralised Investment Proposition and provide a report assessing how it operates, whether it remains suitable for your client base and whether any changes may be required.
Due Diligence
Due Diligence is about going beyond just comparing charges or referring to industry awards. It is about a more in depth assessment of providers looking at areas such as financial strength and viability, service and support as well as areas like Risk Management, Data Protection and Disaster Management.
Complaints Handling
We can handle the complaints process from the outset and where appropriate undertake the necessary redress calculations.
Personalised research and report writing with Paraplanning
ComplyMe provides a bespoke service for financial advisers, providing support in all areas of Wealth Management and Mortgage advice (including Equity Release).
How we can help you
ComplyMe can undertake remote file checking on a regular and/or on an ad-hoc basis.