Regulation  

Giving advisers a prod in the right direction

  • Learn about how advisers are navigating Prod rules
  • Gain an understanding of the challenges posed by Prod
  • Grasp how Prod could impact how advice is delivered
CPD
Approx.30min

He adds, however, that it puts an emphasis on companies to sharpen their business processes – an outcome that is never to be taken lightly. “It is also helpful to advisers. It underlines the care that needs to be taken handling clients whose needs are outside their normal scope of activity. If it helps advisers say no to certain client types, that is also a step in the right direction.” 

 

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CPD
Approx.30min

Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.

  1. According to Mr Bamford, which type of adviser will need to work harder to satisfy Prod rules?

  2. Mr Lester says most firms fall short on Prod adherence by failing to do what?

  3. According to the study by Iress, how many advisers are unaware of Prod?

  4. According to Mr Ingram, what will force fund pickers reconsider their processes?

  5. What sort of approach does Prod require, according to Mr Schnurrenberger?

  6. Mr Schnurrenberger says that Prod undermines the sustainability of what?

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  • Learn about how advisers are navigating Prod rules
  • Gain an understanding of the challenges posed by Prod
  • Grasp how Prod could impact how advice is delivered

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