However, she stressed product issuers would not be legally required to accept the form.

Yeah, A trustee might not approve of a Financial Planner not under the control of the Trustee providing Advice on an area for which the Trustee is already charging the member - even when the member is not using that service?

Any yearly form needed providing consent for the Trustee to charge a members Retirement savings for advice provided to other members (you did say so the trustee can retain FUM) who has not used the Trustees Advice? Guess not.

Well done Michelle Levey - you do seem to have thought of it all?

Honestly - had to make this stuff up.