Restricted Advice definition
Restricted Advice means advice and recommendations we may give you after we have assessed your needs but which does not constitute Independent Advice;
Restricted Advice means advice and recommendations RBCEL may give you after RBCEL has assessed your needs but which does not constitute Independent Advice;
Restricted Advice. We will assess your needs and then recommend a solution from a limited number of companies, and you may ask for a list of those companies. ✘ NO ADVICE – We will not provide any advice or recommendation.We may ask some questions to help the selection of various solutions, but you will need to make your own choice about how to proceed.
Examples of Restricted Advice in a sentence
As we predominantly recommend our own investment services and solutions our investment advice is Restricted Advice under the rules of our regulator the Financial Conduct Authority.
Restricted Advice – we will advise and make a recommendation for you after we have assessed your needs, but only offer advice on limited analysis of products, by reference to the products from those companies which we hold an agency.
Our Advice As we predominantly recommend our own investment services and solutions our investment advice is Restricted Advice under the rules of our regulator the Financial Conduct Authority.
Any advice from Davy UK on Retail Investment Products, other financial instruments and structured deposits will be Restricted Advice.
More Definitions of Restricted Advice
Restricted Advice service. This means that we will advise and make recommendations for you after we have assessed your needs, but we only offer advice on limited types of capital investment or regular investment products, or products from one company or a limited number of companies. We will only make recommendations that we know are suitable for you. Occasions may arise where we or one of our clients have some form of interest in business being transacted by you. If this happens or we become aware that our interests or those of one of our clients conflict with your interests, we will write to you and obtain your consent before we carry out your instructions, and detail the steps we will take to ensure fair treatment. We are committed to providing the highest standard of financial advice and service. Your interests are very important to us and for any advice or service we provide we will: be open, honest and transparent in the way we deal with you. not place our interests above yours. communicate clearly, promptly and without jargon. In most cases you can exercise a right to cancel by withdrawing from the contract. In most cases you will have a 30 day cancellation period for life assurance policies; pure protection insurance policies; payment protection insurance policies, or pension contracts and a 14 day cancellation period for all other contracts. Instructions for exercising the right to cancel, if applicable, will be contained in the relevant product disclosure information which will be issued to you. If you cancel a single premium contract, you may be required to pay for any loss you might reasonably incur in cancelling it which is caused by market movements. This means that, in certain circumstances, you might not get back the full amount you invested if you cancel the arrangement.