Becoming Directly Authorised

No one knows direct authorisation better than we do - and no one provides support to more directly authorised firms than we do!

Our expert team have helped over 5,000 firms become directly authorised over the past 20 years and will be on hand to guide and support you every step of the way and once authorised, our welcome programme will ensure you have everything you need to run a complaint and successful directly authorised business.

• Take control

  Once you’ve decided to make the move, the first step is to arrange a meeting with a member of our team who will explain the process and what to expect.

  We'll explain likely timescales, the FCA’s approach to authorisation, and how we support you throughout the process. If needed, we can help you decide on the most appropriate business structure

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• Guided support

  Our expert team will be with you all the way...

  • You will be appointed a dedicated consultant to assist you throughout the process and provide support to answer any question that may be posed by FCA post submission
  • We will provide awareness training to ensue you know what to expect throughout
  • You will receive consultancy to review plans, to provide assistance and support in completing all necessary documentation
  • Our Professional Indemnity Insurance team will contact you to help arrange cover through our specialist partner
  • You will be contacted by our Agencies team, who will begin the process of aligning your agencies to SimplyBiz, so you benefit from enhanced commission rates.

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• Spread your wings

  Whilst you spread your wings ready to make your journey, why not take a look at the range of services available through your membership?

  You may want to ask our team to start work on a new company website for your business. We can build you a professional looking site, with ready made content and a variety of digital tools to choose from - what’s more, there’s no set up fee and our monthly running costs are heavily subsidised.

  Give your marketing a revamp or refresh your business stationery by making use of the Marketing Store.

  Catch-up on the latest news in the Media Hub or relax, watch a webinar on the Adviser Media Player, or visit the events section of the website and see what we’ve got coming up near you.

  You may wish to arrange a call with a member of the Adviser Services team to talk about your tech needs and to hear more about how we can help- including taking a look at the market leading Defaqto Engage, which we provide complimentary with your membership.

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• Making the journey

  Your journey to direct authorisation is almost complete, so let’s make sure you’re all set.

  To ensure you’re ready to go from day one, we’ll get you in contact with the key personnel who will help you get our support embedded into your business.

  Book your installation visit with your local compliance manager, who will look at your advice and operational processes and highlight how SimplyBiz’s regulatory services can help.

  A member of our relationship team will give you the guided tour of the Member website, so you know where to access the support you need.

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• Destination DA

  Once you’ve completed your journey in the promised land of direct authorisation with your application approved, it’s time to start making the most of it.

  Streamline your advice process by logging into one system for planning, risk profiling, research and suitability reports.

  And there’s plenty more to see once you’ve migrated...

  Want to diversify your client proposition and offer more? Check out our range of growth propositions, including our panel of preferred pensions transfer partners, to help you support your clients in this complex area, or SimplyBiz Mortgages, which is now the UK’s third largest mortgage club. You can now access our protection panel, SimplyProtect, to quickly and easily find the cover your clients need.

  Of course, you also have access to our industry-leading regulatory services - from on-site visits to our pensions technical helpdesks, file checks to bulletin updates – to ensure you have all the support you need as a directly authorised firm.

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CLICK HERE FOR YOUR GUIDE TO BECOMING DIRECTLY AUTHORISED

Nobody can match the breadth of expertise and support that we offer – and we keep winning awards to prove that! We have an expansive team all dedicated to supporting the firms that we serve. Going DA with Compliance First, doesn’t mean a reduction in service, more that you will have the freedom to choose, as and when you need, from our comprehensive range of enhanced support.