Suitability of Advice: what is your responsibility?
Posted on 6 Aug 2019
The provisions contained in section 8 of the General Code of Conduct (GCoC) are not optional, which means you are responsible for the suitability of advice rendered to clients. Section 2 of the GCoC indirectly highlights the importance of determining the suitability of advice: “A provider must at all times render financial services honestly, fairly, … Continued