COB 6.15.1

If an Authorised Firm advises on or arranges Direct Long-Term Insurance for a Retail Client, it must disclose to the Client:

(a) the method of calculation of any bonuses;
(b) an indication of surrender values and paid-up values, and the extent to which any such values are guaranteed;
(c) for unit-linked insurance contracts, definition of the units to which they are linked, and a description of the underlying assets;
(d) the basis of any projections included in the information; and
(e) any facts that are material to the decision to invest, including any risks associated with the investment and factors that may adversely affect the performance of the investments.
Derived from DSFA RM185/2016 (Made 7th December 2016). [VER28/02-17]