CFP UK (CISI) Practice Questions - CFP Certification (CISI) - Level 7 Diploma In Advanced Financial Planning Exam

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An adviser describes their service as 'independent' under FCA rules. What does this primarily require of the advice given?

Advice limited to the products of a single chosen provider Advice that recommends only the lowest-cost product available Advice based on a comprehensive and fair analysis of the relevant market, unbiased and unrestricted Advice that excludes all packaged products

Correct Answer:

Advice based on a comprehensive and fair analysis of the relevant market, unbiased and unrestricted

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