Simplybiz has announced the widening of its business consultancy service with the addition of a proposition designed to support advisers through the full diagnostic analysis and creation of a compliant ongoing review service.
Delivered over a series of consultative sessions, the ongoing review service option will include an assessment of a firms’ charging models, client agreements, and disengagement policies. It will also review their monitoring systems and MI readiness.
The new ongoing review service joins a range of business consultancy propositions from Simplybiz which includes support for firms around charging structures, centralised investment and retirement propositions, Consumer Duty implementation, and annual review delivery.
Simplybiz business consultancy manager, Zayd Ahmad commented: “Simplybiz already provides a range of support for advisers around ongoing reviews, but the addition of the new business consultancy annual review service means they can opt for an approach with more expert, hands-on guidance.”
He added: “We wanted to ensure our ongoing services proposition helped the advice firm to not only explore its internal processes and documentation but also feel confident they are meeting the guidelines set out by the FCA in this area.”
