An SOA must:
A) tailor advice to the needs of the client.
B) incorporate the level of the client's financial literacy in its presentation.
C) assess the complexity of the advice provided.
D) all of the above.
Correct Answer:
Verified
Q1: When is a statement of advice (SOA)
Q2: An SOA is not required in circumstances
Q4: The 'know your client' process is integral
Q5: The three types of SOAs used by
Q6: The balance sheet, income statement and cash
Q7: In relation to which document supplied by
Q8: Consistent with RG 168, when documenting the
Q9: Acting in the best interests of the
Q10: Problems or conflicts that may arise between
Q11: A record of advice (ROA) can be
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents