A sunset clause in a SOA represents:
A) the date beyond which the provided recommendations will no longer remain valid.
B) a period during which further investments can be placed at a reduced transaction fee.
C) the maximum period after which the financial planner cannot be sued for negligent advice by the client.
D) an acknowledgement by the financial planner that they have the necessary licence to operate in this capacity.
Correct Answer:
Verified
Q13: Examples of assumptions that are often required
Q14: When implementing agreed-upon recommendations in the SOA,
Q15: Prior to engaging the services of a
Q16: The financial planner has a part to
Q17: The best interest obligations:
A) require the financial
Q19: Financial advisers are legally required to disclose
Q20: A limited advice plan:
A) considers all aspects
Q21: How can the financial planner/licensee and/or product
Q22: Given that there is no set rules
Q23: Provide an outline of the best interest
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