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The risks of pro bono work

Wednesday 15th of August 2012

The Code of Conduct for Authorised Financial Advisers makes no distinction between advice paid for and advice given for free and according to Tate this makes pro bono advice too risky and time-consuming if done on a personalised basis, which requires a written plan.

This, he said, could take up to a day to complete, with a couple of hours spent on data collection from the client and up t...

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