FPCOB Sch 1 Recordkeeping requirements
1It is not a complete statement of those requirements and should not be relied on as if it were.
Handbook reference |
Subject of record |
Content of record |
When record must be made |
Retention period |
Monies held on trust for customers |
Location and amount of monies held on trust for particular customers |
When making safeguarding arrangements specified in FPCOB 3.1.11R |
Not specified |
|
A financial promotion communicated or approved (subject to exemptions) |
When communicated or approved |
6 years |
||
Telemarketing scripts |
Copy of any script used |
Date script used |
6 years |
|
FP distribution charges paid by each customer |
Date paid by customer |
Not specified |
||
Calculation of core capital resources |
Reasons for any difference between the deficit reduction amount and any public commitment to provide funding in respect of a defined benefit occupational pension scheme |
When calculating its capital resources for the core capital resources requirement |
Not specified |
|
Risk assessments |
Assessments required under FPCOB 15.10.4R including major sources of risk and how the firm intends to deal with them |
When assessments are made under FPCOB 15.10.4R |
At least 3 years |
|
Single central record |
Single central record containing all up-to-date and pertinent information and documents relating to each funeral plan contract |
Date firm entered into funeral plan contract |
Not specified |
|
The firm’s most recent funeral plan resolution manual |
As stated in the rule |
When the funeral plan resolution manual is made or updated |
None specified (but see FPCOB 16.2.4R) |