Financial Services Partners (FSP) has purchased a newly-launched management tool aimed at eliminating the ‘people risks’ involved in the financial services business.
Consultancy Balance at Work claims the People Management System protects financial services licensees against “people risks of a protective and proactive nature”.
Director Don Swanborough said the protective risks are incorrect or incomplete documentation and compliance with legislative requirements covering FSR and the workplace.
The proactive risks are bundled in three related areas, including the risks of finding and hiring the right people for the business.
FSP’s group operations manager Karen Hill described the tool, comprising a comprehensive library along with its dedicated advice line, as a “fantastic resource for our advisers”.
