Professionals

28. May an independent financial planner or a regulated undertaking call upon external experts to handle certain aspects of financial planning?

Yes, an independent financial planner or a regulated undertaking may call upon external experts to handle certain aspects of financial planning. The obligation of multidisciplinary analysis does not constitute an obstacle to calling on external experts, if and insofar as the independent financial planner or the regulated undertaking does not have the required expertise to deal with one of the aspects of financial planning.

The financial planner or regulated undertaking must, however, possess the expertise necessary to take the specialized external advice into account in the overall financial planning advice. The independent financial planner and the regulated undertaking shall in any event bear responsibility for all the financial planning advice provided.