ATEB Template

Start with the ATEB template named ‘Annual Review - Stocks & Shares ISA Template’. You will find this in the ‘Sample Templates’ tab on the ‘Templates’ page.  The template has been pre-populated with basic information that is not client specific (see table below).


Firm Specific Template 

Create your own version of the template using the ‘Duplicate Template’ button. Give it a meaningful name.  Modify the template to make it firm specific, for example by adding company and/or adviser details.  Consider the comments in the table below under the column ‘to be considered’ when modifying or creating templates based on the ATEB version.


Test Template

You may not get the template right first time; therefore, once the template is created, use it to generate a client specific test report.  Based on the generated report, you may need to amend the template further.  Repeat this testing process until you have a template which enables full client specific personalisation but contains common standard content.  The time spent here will save hours going forward.


Important Notes

  • Prior to use, your template should be checked by your compliance department or compliance consultant.
  • This template is provided only as a guide. ATEB IT Solutions Ltd does not accept legal or regulatory responsibility for the contents of the template.


ATEB suitability Section

ATEB template defaults

To be considered

Getting Started

 

 

Report Details

Defaulted to individual (single) client

 

 

Report Title: Recommendation to Switch your Personal Pension

 


Advice Area: ‘Investment Advice’



Covering Letter: defaulted to ‘No’

Amend as required

 

Remainder of section blank to allow for case-by-case personalisation

Consider whether more fields can be added to the template

Introduction to Advice




Sections included:
  • Background to our Meeting
  • Agreed Objectives and Priorities
  • Attitude to Investment Risk
Amend as necessary

Background to Our Meeting

Assumed part of annual review 

Amend this entry as necessary

 

Assumed client is not elderly or vulnerable

 


Assumed that disclosure documentation will be included with the report or has previously been issued

Do not pre-populate and enter on a case by case basis


No disclosure documentation pre-ticked

As above

Agreed objectives and priorities

Comprehensive (full) review assumed and that no limits were placed on the scope of advice

Amend as necessary

 

Objective used: ‘Invest a lump sum of money’ and ‘Maximise your ISA allowance’

Amend as necessary

Attitude to Investment Risk

Default introduction to risk paragraph pre-selected

Consider whether to use an in-house standard paragraph

 

ATR category blank to allow for case-by-case personalisation

 

 

Assumed no change in client ATR from previous rating

 

 

Default introduction to capacity for loss pre-selected

Consider whether to use an in-house standard paragraph

Investment Advice

 

 

Foreword to Advice

Blank to allow for case-by-case personalisation 

Consider whether any default text is appropriate 

Recommended Plan

 

 

Plan Builder

Assumed Existing Plan



Provider: blank

 

 

Product: Stocks and Shares ISA

 

Plan Details

Review outcome is to ‘Top up your plan with a lump sum contribution'

Amend as necessary


Actions applicable to this plan set to ‘Lump Sum Investment’


Recommendation Reasons

This section left blank to allow for case-by-case personalisation

Consider if further standardisation required for the template

Potential Disadvantages

Blank to allow for case-by-case personalisation

Consider if further standardisation required for the template

Investment Plan Charges

Default to question: ‘Do you wish to include a breakdown of charges? set to ‘No’

 

Investment Strategy Recommendation

Assumes Investment Strategy Recommendation relevant to Existing plan only

 


Preferred investment approach set to default option

Amend as necessary


‘Include Fund Performance’ defaulted to ‘Yes’

Amend as necessary


Remaining section left blank to allow for case-by-case personalisation

Consider if further standardisation required for the template

Planning Ahead

No sections included

You may want to include sections as standard

Important Information

Sections included:

  • Cost of Our Services
  • Regular Reviews
  • Changes in Your Circumstances

You may want to include further sections as standard

Cost of Our Services

Blank

Set any default charges applicable across the firm

Regular Reviews

Default entries used



It is assumed that a regular review service will be implemented (or is in place)

If this is not the case, de-select this in the Report Builder section of the template (see above)

Changes to Your Circumstances

Default text selected

Consider whether this meets your needs or whether amended text or a suitable standard paragraph is required

Appendices

Assumes ATEB Glossary of Terms to be included within the report.

 


Consider whether any customised appendices should be included as standard

 

Glossary

Default options selected

Amend as necessary

Risk Warnings

Default options selected

Amend as necessary