FSA has published a guidance consultation on suitability, adviser charging and service disclosure. The guidance looks at what simplified advice is, the regulatory regime surrounding it and how firms can provide it. It considers how the suitability test applies and how automated services can work. The guidance looks at appropriate disclosure. It also looks at how complaints processes apply and gives examples of points firms should bear in mind when designing a simplified advice process and considering what products to offer using the service. It wants comments by 15 November 2011. (Source: FSA Guidance Consultation on “Simplified Advice”)