Product Design and Suitability
Conduct advice on wealth management portfolios (platforms and DFM), pensions, investment, insurance and insurance add-ons, non-investment insurance, mortgages (including adverse credit) and consumer credit and debt management and the acquisition of debt.
Conduct risk assessments and past business reviews for a wide selection of retail products. More complex products have included GTEPs, Structured Products, Cash Bonds with underlying investment instruments, ETVs, SIPP Investment Portfolios including UCIS funds, and Mortgages, including Right to Buy Mortgages; and
Reviewing and improving product design and governance frameworks, policies and processes including implementing appropriate systems and controls for cross selling of products to mitigate against any incidences of mis-selling.