I am sure paraplanners do challenge IFAs over research and transfers. I sincerely hope the FSA were not as condescending as the following article reported http://www.moneymarketing.co.uk/adviser-news/fsa-paraplanners-should-challenge-advisers-on-suitability/1052020.article Making IFAs pay for audits of various files from an independent auditing company which report to the FSA any concerns is probably the most effective way to expose and deter underperformers and those who might be tempted to put their interests above their clients’.rnrnThis information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.rn
