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Trade body registration - Financial consultant

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

Moderators: Casa, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha

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bizz123
Member
Posts: 239
Joined: Thu Jan 23, 2014 9:56 pm

Trade body registration - Financial consultant

Post by bizz123 » Tue Feb 25, 2014 5:22 pm

hi Guys

I have applied entrepreneur visa in sep 2013, last week i had telephonic interview after intimation letter for interview.

just to ask you guys do I need to get registered with any trading body for that, if yes then which will be trading body for Financial consultant SOc 3534.

regards

Amber
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Joined: Tue Jan 15, 2013 11:20 am
Location: England, UK
Mood:
United Kingdom

Re: Trade body registration - Financial consultant

Post by Amber » Tue Feb 25, 2014 5:24 pm

The Financial Conduct Authority?
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bizz123
Member
Posts: 239
Joined: Thu Jan 23, 2014 9:56 pm

Re: Trade body registration - Financial consultant

Post by bizz123 » Tue Feb 25, 2014 5:26 pm

Thanks Amber

is it FSA? is it necessary to get register? will it affect on my visa?

Regards

entrepreneur123
Senior Member
Posts: 640
Joined: Wed Jan 09, 2013 11:12 am

Re: Trade body registration - Financial consultant

Post by entrepreneur123 » Tue Feb 25, 2014 5:28 pm

to answer your question, could you tell what specific services your company offer?
bizz123 wrote:hi Guys

I have applied entrepreneur visa in sep 2013, last week i had telephonic interview after intimation letter for interview.

just to ask you guys do I need to get registered with any trading body for that, if yes then which will be trading body for Financial consultant SOc 3534.

regards

bizz123
Member
Posts: 239
Joined: Thu Jan 23, 2014 9:56 pm

Re: Trade body registration - Financial consultant

Post by bizz123 » Tue Feb 25, 2014 5:38 pm

hi amber

following are our services

predicts the likely long- and short-term future performance of securities and other financial products and advises upon what will be an appropriate investment for their clients;  analyses the financial position of clients, taking into account outgoings, dependants and commitments;  advises on the relative merits of pension schemes, insurance policies and mortgages that best meet the needs of clients given their personal circumstances;  monitors information on the socio-economic environment and interprets the implications of such information for their clients;  prepares summary reports of findings for fund managers;  keeps up to date with financial products, legislation and requirements for compliance with the relevant regulatory authority;  identifies and attracts new clients by arranging visits and explaining the benefits of financial products.

Regards

Amber
Moderator
Posts: 17546
Joined: Tue Jan 15, 2013 11:20 am
Location: England, UK
Mood:
United Kingdom

Re: Trade body registration - Financial consultant

Post by Amber » Tue Feb 25, 2014 6:33 pm

That will certainly fall in the remit of the Financial Conduct Authority. Practising without authorisation could result in criminal prosecution. You should know that the FCA regulates financial services :shock:
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entrepreneur123
Senior Member
Posts: 640
Joined: Wed Jan 09, 2013 11:12 am

Re: Trade body registration - Financial consultant

Post by entrepreneur123 » Tue Feb 25, 2014 10:23 pm

agree with amber.....

bizz123
Member
Posts: 239
Joined: Thu Jan 23, 2014 9:56 pm

Re: Trade body registration - Financial consultant

Post by bizz123 » Tue Feb 25, 2014 10:48 pm

Thnx for advice
What can i do now, i have interview on march 6

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