Past Business Review
Huntswood has developed a reputation as a trusted and respected adviser and partner to our clients, particularly in the area of past business sales suitability reviews and remediation projects.
These requirements often originate as a result of regulatory scrutiny, or the prospect
of
FSA enforcement action. Huntswood has performed targeted EB20 advisor
reviews, as well as discreet sales suitability reviews, spanning a
multitude of product types, including:
- Mortgages and mortgage endowments
- Payment protection insurance (PPI)
- Investments
- Pensions
- Structured capital-at-risk products (SCARPS)
- Precipice bonds
Huntswood provides an objective review of ‘legacy’ policy sales, to identify and remedy instances of unsuitable advice. Huntswood will tailor the review methodology to ensure the work, and subsequent outcomes, satisfy both internal policy standards and regulatory expectations.
Huntswood uses qualified industry professionals to undertake the review work, led by experienced managers with specialist quality control and technical experts supporting delivery.
Our solutions are fully scaleable, enabling us to increase or decrease headcount at short notice to satisfy the changing needs of the project in a cost effective manner.
In addition to supplying the resources to undertake the work, Huntswood harnesses the expertise of its in-house consulting division to provide clients with holistic ‘turn key’ solutions, incorporating:
- Policy definition and process design
- Quality auditing and compliance monitoring
- Training and induction
- Stakeholder management
- System enhancements, including MI / FSA reporting.
In doing so, we provide our clients with a scalable operating environment, supported by robust processes and procedures.
