ATEB Template

Start with the ATEB template named ‘ISA & GIA 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

Amend as required

 

Report Title: ‘Financial Planning Report’

 Amend as required


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:
 

  • About your Firm
  • Background to our Meeting
  • Current Personal & Financial Circumstances
  • Agreed Objectives and Priorities
  • Attitude to Investment Risk

Amend as necessary

About your Firm

Assumed ‘focussed independent advice’ provided

Amend as necessary

Background to Our Meeting

Assumed new client to firm 

Amend as necessary

 

Assumed client is not elderly or vulnerable

Amend as necessary


Assumed that disclosure documentation has previously been provided or enclosed with the report

Amend as necessary


No disclosure documentation pre-ticked

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

Current Personal & Financial Circumstances

Personalised Paragraph about Current Personal and Financial Circumstances pre-ticked

Consider if further sections required as standard

Agreed objectives and priorities

A focussed review assumed (looking at one or more areas of potential need). 

Amend as necessary

 

Objective used: ‘Invest a lump sum of money’ and ‘You would like to maximise your ISA allowance for this tax year.’

Amend as necessary

Attitude to Investment Risk

Default introduction to risk paragraph pre-ticked

Consider whether to use an in-house standard paragraph

 

Default ATR category selected

To be entered on a case by case basis

 

Default introduction to capacity for loss pre-selected

Consider whether to use an in-house standard paragraph

 

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

Consider whether more fields can be added to the template

Investment Advice

 

 

Foreword to Advice

Blank to allow for case-by-case personalisation 

Consider whether any default text is appropriate 

Recommended Plan 1

 

 

Plan Builder

Set to New Plan

 

Provider/Platform: Blank

 To be entered on a case by case basis

 

 

Product: GIA

 

 

Remaining fields blank  

Consider if further sections are required for the template

Plan Details

Actions applicable to this plan set to ‘Lump Sum Investment’, ‘Source of Funds’ and ‘Investment Period’ as default. Remaining fields left blank to allow for case-by-case personalisation

Amend as necessary

 

Policy Cancellation set to 14 days. 

 

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

Add in all specific potential disadvantages required for the template

Discounted Alternatives

Blank

Consider if any standardised text can be added as standard to the template

Recommended Plan 2

 

 

Plan Builder

Set to New Plan



Provider/Platform: Blank

 To be entered on a case by case basis

 

Product: Stocks and Shares ISA

 

 

Remaining fields blank  

Consider if further sections are required for the template

Plan Details

Actions applicable to this plan set to ‘Lump Sum Investment’, ‘Source of Funds’ and ‘Investment Period’ as default. Remaining fields left blank to allow for case-by-case personalisation

Amend as necessary


Policy Cancellation set to 14 days. 

 

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

Add in all specific potential disadvantages required for the template

Discounted Alternatives

Blank

Consider if any standardised text can be added as standard to the template

Investment Plan Charges

Default to question: ‘Do you wish to include a breakdown of charges? set to ‘Yes’ with ongoing ‘Adviser’, ‘Product’ and ‘Fund’ charge rows added to table. 

 Amend as necessary 

Investment Strategy Recommendation

Preferred investment approach set to ‘Select and investment from Content Management’

 Amend as necessary


Investment Strategy Recommendation set to New plan



‘Include Fund Performance’ defaulted to ‘No’

Amend as necessary


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

Consider if further standardisation required for the template

Planning Ahead

Sections included:

 

  • Wills
  • Powers of Attorney

You may want to include sections as standard

Wills

Blank

Consider if any options can be added as standard to the template

Powers of Attorney

Blank

Consider if any options can be added as standard to the template

Important Information

Sections included:

 

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

You may want to include further sections as standard

Cost of Our Services

Set to ‘Single Payment(s) and ‘Ongoing Service Fees’

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)

Amend as necessary

Changes to Your Circumstances

Default text selected

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

Emergency Funds

Default text selected

As above

Appendices

Assumes ATEB Glossary of Terms to be included within the report and Attitude to Risk definitions.

 


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