As part of this stage, we will fully explain the advice and any associated products to you. This will include the nature, features, costs and risks of these investments. We will also confirm how these investments meet your investment risk profile.

Should your adviser recommend that you move from one particular financial product to another, your adviser will assess the costs and benefits of this and inform you to ensure that the benefits of moving outweigh the costs where appropriate.

Although we can provide advice on all areas of financial planning, you will be given the opportunity to prioritise your own financial planning objectives. If we agree to review a specific area of planning, we will only provide focused advice tailored to your needs at that point.

If we provide focused advice, we will not consider any other area of financial planning. We can only advise on the areas you have asked us to address. On this basis our advice may have been different if we had conducted a full review or considered other areas of financial planning at the same time.

At this stage there may be a charge incurred for the work carried out and these charges are covered later in the document. We will issue you with a document which explains why we have concluded that the advice and recommendations provided are suitable for you, this is referred to as a suitability report.

This report will be provided for you to read and understand before any implementations are made.