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Robert, a CFPprofessional, performed a needs analysis concerning Jack's life insurance situation last year and sold him a universal life policy under a limited scope
Robert, a CFPprofessional, performed a needs analysis concerning Jack's life insurance situation last year and sold him a universal life policy under a limited scope engagement. This year, Jack wants Robert to evaluate his investment allocation and recommend some mutual funds. All the following are required to be provided to Jack according to the Code and StandardsEXCEPT? 1. An accurate and understandable description of the compensation arrangements being offered, in writing. 2. A written summary of likely conflicts of interest between the client and the certificant. 3. A written agreement for Robert's services specifying the scope of the engagement and any limitations, the periods for which services will be provided, and Jack's responsibilities. 4. A written disclosure regarding the existence of any public discipline or bankruptcy. Robert, a CFPprofessional, performed a needs analysis concerning Jack's life insurance situation last year and sold him a universal life policy under a limited scope engagement. This year, Jack wants Robert to evaluate his investment allocation and recommend some mutual funds. All the following are required to be provided to Jack according to the Code and StandardsEXCEPT? 1. An accurate and understandable description of the compensation arrangements being offered, in writing. 2. A written summary of likely conflicts of interest between the client and the certificant. 3. A written agreement for Robert's services specifying the scope of the engagement and any limitations, the periods for which services will be provided, and Jack's responsibilities. 4. A written disclosure regarding the existence of any public discipline or bankruptcy
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