Our Recommendations Sample Clauses
The "Our Recommendations" clause outlines the advice, suggestions, or proposed actions provided by one party to another within the context of the agreement. Typically, this clause clarifies that any recommendations made are based on the information available at the time and are intended to assist the recipient in making informed decisions. For example, it may specify that recommendations are not binding and do not constitute a guarantee of results. The core function of this clause is to set expectations regarding the nature and limitations of the recommendations, thereby managing liability and clarifying the advisory role of the recommending party.
Our Recommendations. Any advice or recommendation that we offer to you, will only be given after we have assessed your needs and considered your financial objectives and attitude to any risks that may be involved. We will also take into account any restrictions that you wish to place on the type of products you would be willing to consider. We will confirm our recommendations to you in a suitability report along with details of any special risks associated with the products recommended. Any advice we provide will be in accordance with that disclosed in our initial disclosure document a copy of which I have provided you with. 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; I provided you with our disclosure document ‘about our services and costs’. You will recall that we comprehensively covered the content of this document which covers the services we provide and what they cost. You confirmed you fully understood this and were happy to proceed on the basis as confirmed within our service proposition agreement which you have signed. It is important that you keep the client agreement, service proposition and Disclosure document together and if you have any questions you contact us immediately. We charge for our services by way of a fee. These fees are on a fixed fee basis. Under current legislation our services are not subject to VAT but should this change in future, and where VAT becomes due, we will notify you before conducting any further work.
Our Recommendations. Before providing advice, we will assess your needs, consider your financial objectives and assess your attitude to any risks that may be involved. If you don’t want to discuss a particular area of financial planning and that area should not form part of the advice given, we can exclude it, if you instruct us to do so. This might of course have a bearing on the advice that might have been given. Before making any recommendations, we will carry out a suitability assessment so that we are able to act in your best interests. We will confirm any recommendations we make in writing (our suitability report) along with details of any special risks that may be associated with the products or investment strategies we’ve recommended. Full details of the products we recommend to you including for example, the minimum duration of the product, information on your right to cancel or whether no right to cancel exists, and any other termination rights and penalties will be covered in the relevant disclosure information you will receive before conclusion of any contract. Where we agree to provide you with a service that includes an ongoing review of the suitability of the investments we have recommended, we will carry out this review at least annually. To do this we will need to make contact with you to assess whether the information we hold about you remains accurate and up to date. We will issue you with a report setting out the results of our assessment and, if relevant, any updated recommendations. Please be aware that investments can fall, as well as rise, and that you may not get back the full amount invested. The price of investments we may recommend may depend on fluctuations in the financial markets, or other economic factors, which are outside our control. Past performance is not necessarily a guide to future performance. Specific warnings relevant to the investments, investment strategies or other products we arrange are provided in the relevant product literature provided. We are obliged to put in place controls to prevent our business from being used for money laundering and other forms of financial crime. We will verify your identity before undertaking any business with you. To do this we may use electronic identity verification systems and we may conduct these checks from time to time throughout our relationship, not just at the beginning. The check may leave a ‘footprint’ on your credit file but it will not affect your credit rating. Where we send investment ...
Our Recommendations. 50.1 We recommend you:
a. advise us promptly when you are in financial difficulty;and
b. carefully read these General Conditions, each Schedule, the Facility Details, the Fee Schedule for Commercial Contracts, the Electronic Banking Terms and Conditions and each security.
Our Recommendations. Our Recommendations Financial Crime Best execution Conflict of interests Communicating with you