How we can help you

We want to simplify things for you, whilst supporting you where you need it. We know firms often grapple with keeping on top of compliance, but with our approach you always will be.

We can help with all aspects of your compliance needs, leaving you to focus on what you do best, seeing your clients.

If you are considering Direct Authorisation, please visit www.mybeginnings.co.uk

or call Annabel on 07949 488 071

Compliance Support

Just as with the Consumer Duty work you have undertaken, a good look under the compliance bonnet is a great idea.

Do you have gaps that you know of, identifying these can reduce your risk exposure. The FCA's Retirement Income review highlighted firms collecting limited MI, this may be something on your list to do.

Here is a snapshot of support we offer

Health Checks to identify the gaps, if any
Monitoring plan to ensure nothing is forgotten
Policies, that work for your firm
Anti-Money laundering process
Data Security and training
Delivering positive client outcomes
Governance and Supervision.
Risk identification and Management
Suitability assessments - file checks

Supervision - Training and Competence

Effective Supervision and T&C is crucial for reducing the biggest risk of your firm - people risk.

Having many years experience as supervisors, we can offer the following support

Creating a bespoke T&C Scheme
Effective monitoring,
Competency framework,
Recruitment under SM&CR,
T&C Supervisors training and annual competency assessment.
Learning and Development framework for support staff not captured by TC rules.

Competence through ongoing learning and development is crucial for all staff.

Training

We offer a lot of training, as we believe everything comes from having a robust ongoing development culture so everyone knows, not only why, but how too. Critical for reducing risk.

We offer off the shelf options, or we can deliver tailored training aligned to your specific business, values and goals.

We do much more, but briefly we offer...

Senior Management Training
Consumer Duty and Conduct Rules
General Compliance Training
Supervision and T&C - designing your scheme and activities
T&C Supervisor training and refreshers
Suitability of Advice
Anti-Money Laundering training
Data Protection training
Data Security training
Vulnerable Client training
Complaints handling training

Senior Management Function Holders - SMF's

Holding a Senior Management function means it’s you the FCA will talk to directly, should they need to. How do you keep up with everything?

What does good governance look like?
How are you managing ‘people risk’ and signing everyone off as competent?
What is good MI?
How are you ensuing your ongoing reviews add value, and cover everything they should, especially for clients decumulating wealth and taking income?
How are you rolling out your policies, so everyone is fully trained?

We know, the list seems endless, it can feel overwhelming.

We supply training for anyone wanting to take on the role of a SMF, those who are SMF’s and want to keep up to date with skills and good practice. We run training course, that can be tailored to your needs.

It can be a lonely life as an SMF, but making well informed decisions can help you enormously.

Business Services

You may be considering selling your practice, but what does that entail? I am sure you get three emails a week from people wanting to value, sell your business but take a step back first of all and talk to us.

You may be wanting to move your firm into the non-remediated planning model, again talk to us first. This may need a change of branding, we can help you with this.

You may be wanting to grow your business, this does impact on compliance, so its always best to talk things through.

Or you may be at a crossroads in your career, we can help with your options. Sometimes its all it takes is a chat with someone not close to your business.

We have many contacts, or 'good-eggs' as we call them, that can help you with a re-brand, new website, support services, IT, HR the list is endless.