The Private Finance Society’s Paraplanning panel has printed a information to assist members in writing suitability experiences.
The information is the most recent version to the organisation’s studying content material hub.
The information affords greatest observe steering round what to incorporate in a suitability report to make sure purchasers are geared up to make effectively knowledgeable selections.
It covers all features of suitability report writing together with language and tone, construction, threat profile, potential disadvantages, funding technique, and efficiency comparability.
The free information contains examples of fine and dangerous observe, SMART aims (particular, measurable, achievable, related, and timebound), and prime suggestions, in addition to accessibility assets to accommodate purchasers with totally different wants.
The PFS mentioned the brand new information will assist Paraplanners to jot down extra participating and informative suitability experiences, which might assist purchasers belief their adviser and their skill to “do the suitable factor” for them.
The information has been developed by Alan Gow, Laura Royle, and Philip Greenwood of the PFS Paraplanning panel, alongside Melissa Kidd, director of Motem.
Ms Royle mentioned: “The information goes again to fundamentals to offer sensible steering for writing suitability experiences. The intention is to assist Paraplanners write clear and concise experiences which are compliant, inclusive, and fascinating – experiences that purchasers will need to learn.”
The PFS held its annual Paraplanning convention this month. The occasion is among the largest within the paraplanning calendar and included classes on impactful report writing.
The information is accessible on the PFS studying content material hub.
The educational content material hub features a vary of fine observe guides, analysis and technical articles.
