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10/04/2009 - ‘Suitability of advice’ workshops attract huge interest at SimplyBiz

SimplyBiz, in conjunction with Clerical Medical are conducting a series of 24 workshops throughout the country aimed at ensuring their members are complying with the FSA surrounding the suitability of advice on pension switching.

The first workshop invites were sent out in early April and within 5 days three quarters of the 500 available places were snapped up.  The workshops will last around 3 hours and will run from 5 May through to the end of June.

Gary Kershaw, Compliance Director at SimplyBiz commented:

“Following the FSA's thematic review on pension switching there is a Q3 deadline for ensuring that pension switching processes are robust.  This is clearly an important area and we felt our members would benefit from a workshop specifically to help them with complying within the timescale.  The response has been dramatic, with delegate places being snapped up from the moment the invite was sent.”

Matthew Timmins, Marketing Director added:

“Our events calendar has always been popular with members but the speed at which we are filling the spaces on the pension switching workshop shows that we are clearly delivering what advisers are looking for”.

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