What does the FCA expect from a suitability report? :

What does the FCA expect from a suitability report? Print

Modified on: Fri, 26 Apr, 2024 at 7:53 PM

The FCA is deliberately non-prescriptive about the exact structure and content of a suitability report, leaving it up to the adviser to achieve a standard that is acceptable. They do however offer guidance. This has evolved over time and continues to be distributed via a number of different channels including:

COBS 9.4.7R;
FCA Factsheets;
FCA best practice guides; and
General guidance notes following supervisory activity.

We’ve created a helpful best practice guide that summarises this guidance in one quick reference resource. You can download it here.

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What does the FCA expect from a suitability report? Print

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