32 Appendix one Checklist – Adviser firm This checklist can be used whichever way the arrangements are structured – agent as client or reliance on others. Investment proposition Appendix one - Adviser firm Have you ... Yes / No Comments Assessed the needs of your clients / segmented your client bank / documented your target market? Documented your investment proposition? Assessed whether a discretionary management solution is appropriate for your client bank or whether there might be other more appropriate solutions available? Considered and understood the structure of the arrangements – agent as client vs reliance on others? Documented why / how the discretionary management proposition you have selected, including how it is structured, meets the needs and objectives of your clients / segment of clients? Documented how the proposition meets the four Consumer Duty consumer outcomes: 1. Products and Services 2. Price and value 3. Consumer Understanding 4. Consumer Support Have you ... Yes / No Comments Undertaken and documented appropriate research and due diligence on the DIM and solution you have selected? Checked the target market of the DIM to ensure it meets the requirements of your clients? Selection of DIM and solution
RkJQdWJsaXNoZXIy NjM2Njg1