Personal Recommendation definition

Personal Recommendation means a recommendation that is advice on transfer of pension benefits into a personal pension or SIPP, and is presented as suitable for the customer to whom it is made, or is based on a consideration of the customer’s circumstances;

Personal Recommendation means a recommendation that constitutes advice on investments and which is presented as suitable for you, or is based on a consideration of your circumstances;

Personal Recommendation means a personal advice recommendation from You to Your Client, following a suitability assessment completed by You in accordance with the Rules.

Examples of Personal Recommendation in a sentence

• Investment Transactions carried on in the course of Execution Only Services are carried out without any Personal Recommendation from us.

• Where you ask us to, we will provide you with a Personal Recommendation (i.e. a recommendation on Investments which is presented as suitable for you, or is based on a consideration of your particular circumstances and risk profile) on an ongoing basis.

• You must disclose the total Adviser Fee payable when providing a Personal Recommendation to Your Client.

• Candidates are required to return the three (3) Personal Recommendation Forms by the deadline; these forms may be accompanied by written letters of recommendation.

• The information we will collect includes information about your investment objectives, your financial situation (including your ability to financially bear any related investment risks consistent with your investment objective) and your knowledge and experience in the investment field relevant to the Personal Recommendation).

More Definitions of Personal Recommendation

Personal Recommendation means a recommendation that is advice on investments and is presented as suitable for the person to whom it is made or is based on a consideration of the circumstances of that person, but does not include a recommendation that is issued exclusively through distribution channels or to the public.

Personal Recommendation means advice on the transfer of Defined Benefit Pension Scheme benefits into an arrangement with flexible benefits, explaining amongst other things why the firm has concluded that the recommended transaction is suitable for the customer.

Personal Recommendation means a recommendation given to a specific person, and “personally recommending” shall be interpreted accordingly;

Personal Recommendation means a recommendation given to an investor or potential investor, or the intermediary of an investor or potential investor, whether to:

Personal Recommendation means a recommendation that is advice on transfer of pension benefits into a personal pension or SIPP, and is presented as suitable

Personal Recommendation means any communication that, taking into consideration all of the relevant circumstances, it is reasonable to understand as being:

Personal Recommendation means any information given to a person including a value judgment or opinion or any other express or implicit recommendation whether to a) buy, sell, subscribe for, exchange, redeem, hold or underwrite one ore more [specific] financial instruments or b) to exercise, or not to exercise, any right conferred by one or more [specific] financial instruments to buy, sell or subscribe for one or more financial instruments, or c) to carry out any other transaction relating to one or more [specific] financial instruments that is held out, either explicitly or implicitly, to the recipient as being suited to, or based on a consideration of, his personal circumstances [or is made in a bilateral communication or relationship]. Question 1.2. – Do you agree with the approach that a personal recommendation has to be held out as being suited to, or based on a consideration of, the client’s personal situation or do you consider this criterion to be unnecessary or ambiguous and would like to refer to the bilateral nature of the relationships and bilateral contacts between the firm and its clients? In the latter case which criteria would you use to differentiate between a “personal recommendation” and a “general recommendation” or a “marketing communication”?Question 1.3. – Do you think it is reasonable to restrict “investment advice” to recommendations of specific financial instruments or is it necessary to cover generic information including financial planning and asset allocation services for financial instruments?