From 2010 Will Be A Consultation Protocol For Adviser Duty

More security strengthens confidence – consultation Protocol should finally help Berlin 07.12.09. From 1 January 2010, it is mandatory to create logs of their advisory activities for investment advisors. This decided the legislature within the framework of the law to the new regulation of legal relationships wrong advice. A comprehensive documentation requirement of customer calls is introduced to the safety of consumers. Consumers find a form of such consultation Protocol on the side of

It can be downloaded and printed out in the consultation included. The investment consultation record shall include among others the information provided by the customer during the consultation, the wishes on the money and the plant actually recommended by the consultant. At the end of the consultation, the consulting Protocol will be signed by both parties. A study of the Consumer Protection Department shows that a consultation Protocol is now very important. Therefore, more than EUR 30 billion through bad advice are lost per year. In addition to in particular lack of knowledge of consumers about financial issues leads to great uncertainty the loss of confidence in the Adviser. Only 23.3% of consumers who have rated their consultants on, specify that they have good to very good knowledge of finances. WhoFinance helps consumers find after an appropriate financial adviser. In addition to useful tips, such as the investment consultation record, consumers on find especially consultant for money and insurance, which independently and according to clear criteria have been evaluated by their customers.