IFA Compliance
One Step Ahead
IFA COMPLIANCE & REGULATORY SUPPORT
Our specialist IFA compliance services are designed to enable Independent Financial Advisers to consistently conform to regulatory best practice.
When it comes to IFA compliance, our clients benefit from the extensive knowledge and professional expertise we have accumulated whilst serving IFAs and other regulated businesses over more than 30 years.
Committed to delivering a truly personal service, we apply our regulatory intelligence and skills to the specific circumstances of each individual client.
This involves creating and implementing a bespoke FCA Compliance Support Plan which embraces only the services a client requires. This tailored approach enables them to minimise cost whilst maximising benefit.
One constant is that every client gains from the personal attention of our principal consultant, Kevan Thorn, a highly qualified and experienced independent compliance professional.
Our IFA Compliance Services
FCA Compliance Audits
File Checking
Training
Complete Compliance
Senior Managers & Certification Regime (SM&CR)
Policy & Procedures
Regulatory Updates
FCA Authorisation
Want to know more?
About IFA Consultancy
IFA Consultancy was established in 2004 and has a wealth of experience in IFA compliance
Kevan Thorn has worked in the IFA sector for 28 years, so he knows exactly how to help FCA regulated firms with their compliance needs.
We have a comprehensive knowledge of FCA regulation.
IFA Consultancy are Competitive
Our fees are transparent.
Our daily rate is £600 per day (No V.A.T.)
Hourly rate pricing is available for remote compliance (e.g. file checking) – pay only for what you need. The hourly rate is £100 per hour (No V.A.T.)
AND
NO fixed term contract. You are free to leave at any time
Specialists
We specialise in IFA compliance including insurance and mortgage advice.
Kevan Thorn is CII diploma level qualified. He is MAQ mortgage qualified, pension transfer trained, and a qualified T&C Supervisor.
Kevan has 18 years’ experience as a compliance consultant and a further 10 years’ industry experience as an IFA & manager.
Focussed
We get to know your way of working.
We design a compliance support plan that suits your needs.
We can work remotely using your systems or shared cloud services (e.g. SharePoint)
We understand the challenges facing small firms.
This Could Include the Following
KEY FEATURE: Providing support for all regulatory areas of business including GABRIEL RMAR annual reporting and FCA notifications
KEY FEATURE: Briefing for firm principals on changes to FCA rules and methods of implementation
Supplying and monitoring a Training and competence regime
Recruitment and training induction for regulated individuals
Recruitment of Senior staff under the Senior Management & Certification Regime
KEY FEATURE: File checking support with adviser feedback
Provision of supervisory mechanisms including observation of staff
Advice on Report Writing / Suitability Letter drafting / advice on in-house templates
KEY FEATURE: Developing Compliance monitoring plans and overseeing implementation
Monitoring and advising on Remedial Compliance work following file checks or adviser development plans
Approval of financial promotions and marketing initiatives
Keeping policies and procedures up to date
Maintenance of compliance registers and policy documents
KEY FEATURE: Assistance with the annual certification of the Senior Managers and Certification Regime
KEY FEATURE: Assistance with the handling/resolving of complaints and disputes with your clients and the FOS
KEY FEATURE: Help with FCA regulatory visits and Desk Based Monitoring
Help with the practical Supervision of all advisors.
Provision of guidance on T&C matters