Unsolicited real-time financial promotion to a Potential Intermediate Customer (sorry, “letter to the editor”).
Dear “Potential Intermediate Customer,” I am issuing this “unsolicited real-time financial promotion” to invite you to a “solicited real time financial promotion” designed for potential “intermediate customers” and “private customers” at the Jargonfree Hotel in Jargonfreetown. We have classed you as an “Intermediate Customer” because you are not a “market counter-party” or a “private customer” even though you may conduct “designated investment business” on your own behalf. The “solicited real-time financial promotion” will include details of “designated investment business” that this firm is allowed to give “best execution” services on within the “scope of permission notice” as authorised by the industry regulator, the Financial Services Authority.
We will not be entitled to conduct “relevant business” with you as you are not a “private customer”. In addition, you should be aware for your own protection that you may not come under the “jurisdiction of the FOS” but might come under the “jurisdiction of the FSCS”.
The “solicited real-time financial promotion” will also provide details on how the industry is simplifying the distribution of financial instruments to encourage you to plan more effectively and remove the need for jargon.
You will also be provided with details of all the new types of financial adviser that may be available to you shortly such as independent financial advisers, tied agents, tied agents with adopted packaged products, multi-tied “distributor” agents tied to the whole market, multi-tied “distributor” agents tied to part of the market and lower-qualified general financial planners who provide generic “best execution”. We have decided to remain independent and will explain the benefits of this to you.
Part of this is that we are now charging higher fees for our services to reflect increased administration costs rather than taking commission or offsetting commission.
The fee to attend this “solicited real-time financial promotion”, which reflects the time taken in unravelling the new rules and jargon for you and presenting your options, is 1,200 euro. We can, of course, convert this to sterling for you for a fee of 60 euro.
Disclaimer: Please be aware when attending the “solicited real-time financial promotion” that this firm does not offer “adopted packaged products” but we may undertake “ancillary activities” as well as “regulated activities”
I enclose a dictionary and look forward to welcoming you to our “solicited real time financial promotion”. Before attending, you are required to provide details of your identity for money-laundering regulations.
Approved Person, CF1, CF21 and CF24 but not responsible for CF8, CF10, CF11,
Director,Roberts Clark and Need An Adviser.com end of unsolicited real-time financial promotion.www.NeedAnAdviser.com