Related provisions for CASS 1.4.6
1Activity |
Products/Sectors |
Is there an appropriate examinationrequirement? |
|
Designated investment business carried on for a retail client |
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Providing basic advice |
1. |
Stakeholder products excluding a deposit-based stakeholder product |
No |
Advising |
2. |
Securities which are not stakeholder pension schemes or broker funds |
Yes |
3. |
Yes2 |
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4. |
Packaged products which are not broker funds |
Yes2 |
|
5. |
Friendly Societylife policies where the employee is not reasonably expected to receive a remuneration of greater than £1000 a year in respect of such sales |
No2 |
|
6. |
Friendly Society tax-exempt policies |
Yes2 |
|
7. |
Yes2 |
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8. |
Investments in the course of corporate finance business |
Yes2 |
|
9. |
Yes2 |
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Undertaking the activity in column 2 |
10. |
Yes |
|
11. |
Yes2 |
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Advising and dealing |
12. |
Securities which are not stakeholder pension schemes or broker funds |
Yes |
13. |
Yes2 |
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Managing |
14. |
Yes |
|
Overseeing on a day-to-day basis |
15. |
Operating a collective investment scheme or undertaking the activities of a trustee or depositary of a collective investment scheme |
Yes |
16. |
Safeguarding and administering investments or holding client money |
Yes2 |
|
17. |
Administrative functions in relation to managing investments |
Yes2 |
|
18. |
Administrative functions in relation to effecting or carrying out contracts of insurance which are life policies |
Yes2 |
|
19. |
Administrative functions in relation to the operation of stakeholder pension schemes |
Yes2 |
|
Regulated mortgage activity and reversion activity carried on for a customer |
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Advising |
20. |
Regulated mortgage contracts for a non-business purpose |
Yes |
21. |
Yes2 |
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Designing scripted questions for non-advised sales |
22. |
Yes |
|
Overseeing non-advised sales on a day-to-day basis |
23. |
Yes |
|
Non-investment insurance business carried on for a consumer |
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Advising |
24. |
No |
|
Notes: |
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1. |
In the Appendix the heading and types of business specified in the headings are to be read in conjunction with the paragraphs appearing beneath them. |
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2. |
Thus, for example, paragraph 24, under the final heading, refers only to advice on non-investment insurance contracts given to a consumer. |