IFMP Financial Advisors Certification (FAC), Pakistan Practice Questions - IFMP Financial Advisors Certification (FAC), Pakistan Exam

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According to IFMP professional principles, what is the primary duty of a financial advisor when client interests and firm revenue conflict?

Place the client's interests ahead of personal or firm short-term profit motives that would harm the client Always recommend the product with the highest sales commission regardless of suitability Refuse to disclose any conflict so the client is not confused Ignore regulation if the firm's internal policy is silent

Correct Answer:

Place the client's interests ahead of personal or firm short-term profit motives that would harm the client

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