"We know file checking is important, but it's so time consuming"

File checking is the barometer that can be used to measure how well the firm is following compliance guidelines and delivering Consumer Duty outcomes.

The problem is it is very time consuming and takes you away from strategic direction and leadership.

We have built our business on obtaining infiormation, analysing infomation and producing reports for clients.

By engaging us to do your file checking, you have a ready built team with the experience and skills to complete the tasks effectively.

Whether it is simple file checking or comprehensive suitability assessments, we are able to follow your systems and processes.

Most importantly, we takle pride in being a critical friend to you.

Case study

Customer profile

Regional compliance consultancy.

Multiple IFA firm clients, from sole trader IFAs to a large regional network.

The firm has an increase in file checking as part of Consumer Duty and didn't want to employ additional staff.

Objective

  • To undertake 'overspill' file checking and suitability assessments 
  • To provide a consistent level of support

Delivery

To undertake 'overspill' file checking and suitability assessments 

  • we engaged with the firms back office system
  • we undertook training on their file checking and suitability assessment templates and processes
  • we achieved 'sign off' quickly

To provide a consistent level of support

  • we provide the same amout of resource every month 
  • this provides consistency and continuity for the compliance firm

Ready to proceed?

This sounds like me. I would like to know a bit more about The Timebank before going ahead

Fantastic!

We mould our service to our clients, so we will give you a call and listen to your needs to make sure we can help you.

In the meantime, we will start off by giving you complimentary access to The Timebank Foundations Programme.

Being a guest client gives you the following benefits:

  • FAQs about the service
  • Due Diligence on us as a company
  • Access to our PRODMatcher tool, which solves the PROD problem
  • Access to our Due Diligence reports on providers and manufacturers
  • News, hints, tips and opinions sent directly to your inbox
  • Access to ongoing CPD video series

This sounds like me, but I am not ready to get going just yet

Timing is everything, we understand that.

We really want to be here when you are ready, so in the meantime, we would like to give you complementary access to The Timebank Foundations Programme.

This gives you access to a range of benefits:

  • FAQs about the service
  • Due Diligence on us as a company
  • Access to our PRODMatcher tool, which solves the PROD problem
  • Access to our Due Diligence reports on providers and manufacturers
  • News, hints, tips and opinions sent directly to your inbox
  • Access to ongoing CPD video series