Do you need the ‘Acid Test’?

1st – The Exchange has recently announced the launch of its new TCF Acid Test Consultancy service, designed to help adviser firms* understand what needs to be done to meet the six core principles of the new TCF legislation. 

Following a consultancy visit to the adviser’s main offices, a ‘traffic light’ system is used to produce a colour-coded report, clearly identifying any business areas which fall short of the new guidelines.  During the consultation, a specialist business consultant assesses how well the firm is using technology processes as well as looking more broadly at business procedures such as ‘suitability of advice’; ‘client expectation and feedback’ and ‘post sale barriers’.

One client firm who has already benefited from this service had this to say:

“The most beneficial part of the Acid Test Consultancy was without a doubt the expertise and experience of the consultant who took time to understand our business and guide us through the options available… I would absolutely recommend this consultancy service to other organisations.”

Colin Bannister, Managing Director, Ashcourt Financial Planning

Click here to read the full case study

For further information and costs, please call 0845 068 9999

*Please note this consultancy service is based on using 1st's Adviser Office and is therefore applicable only to adviser firms already using or about to take on this system.