Being independent definition
Being independent means that a member of the management body in its supervisory function does not have any present or recent past relationships or links of any nature with the CRD-institution or its management that could influence the member’s objective and balanced judgement and reduce member’s ability to take decisions independently. The fact that a member is considered as ‘being independent’ does not mean that the member of the management body should automatically be deemed to be ‘independent of mind’ as the member might lack the required behavioural skills.
Being independent means that we consider a wide range of financial strategies and products. We are constantly reviewing the market to ensure that the services and products we offer are appropriate for our clients. Our services include: • Investments - we will make a recommendation for you after we have assessed your needs. Our recommendation will be based on a comprehensive and fair analysis of the market. We will consider and review all relevant Retail Investment Products, as defined by The Financial Conduct Authority, when advising you. • Pensions – we will recommend pensions based on a comprehensive and fair analysis of the market. We place no restrictions on the pension markets we will consider before providing pension recommendations, unless you instruct us otherwise. We will, however, only make a recommendation when we know it is suitable to you. • Non-investment Protection Contracts - we advise on non-investment protection products e.g. term assurance, income protection and critical illness from a range of insurers. We offer you an initial discussion without charge or obligation. We will start work after this meeting when we have agreed our services and charges.
Being independent means that a member of the management body in its supervisory function does not have any present or recent past relationships or links of any nature with the relevant institution or its management that could influence the member’s objective and
Examples of Being independent in a sentence
Being independent and neutral is vital in escrow arrangements, at Amicorp we are just that.
Being independent of other people was considered more important by female patients (B=0.157, p = 0.003), and less important by patients with a longer follow-up (B=-0.001, p=0.02) and patients with higher pain scores in rest (B=-0.029, p=0.03).
Being independent of one another, no agreement between one member organization and a third party is binding to another member organization without their prior consent.