Briefing

Assessing Suitability

Posted by : Katy Ruddell | Date posted : 01/06/2011

This article examines the regulatory background for assessing suitability of an investment or recommendation and looks at what steps a firm should take in order to comply with this obligation.  It also briefly discusses the potential implications of impending changes to the law that may impact on suitability.  Due to the brevity of this article the issues discussed are limited to firms providing advice and discretionary management of private client portfolios.