In an industry where meeting standards is essential, having accurate and consistent documentation is vital.

In the finance industry, support that you can count on allows you to have faith in your documentation and data processes when you need it most.

When a report needs to be submitted, having swift access to compliance documents gives you – and others – confidence in the thoroughness of your approach.

Compliance reviews are a necessary part of maintaining standards in accountancy and the finance industry. The only way to complete these is by having the necessary paperwork and evidence in place.

How a virtual PA could help you meet compliance requirements

To allow compliance standards to be met, having a complete and easy to access audit trail is a vital part of the process.

A PA that is experienced at working in the finance industry will understand how important it is to create and securely file documents that could form part of a compliance review.

As well as understanding the importance of full and accurate data, a PA with a strong background working in the financial sector will be able to identify what data is important from a compliance point of view.

This could even extend to checking that all the documents that you may need for an audit trail are being securely stored in an easily searchable manner.

Financial advisors in a small business, or operating as a sole trader, may not have employees to manage documentation needed for compliance reviews. Dealing with the day-to-day running of a business can create a constant demand on your time, with admin and document management adding an additional workload.

Where the need or resources are not there for a full-time member of staff, a virtual PA with relevant experience can provide the support that is needed when completing compliance reviews – or managing documentation.

Flexible admin support for financial advisors

With the training, qualifications and equipment in place, a virtual PA, such as New Dawn PA can offer help where and when it is needed.

New Dawn PA has worked extensively with financial advisors and is fully aware of the standards required for industry compliance.

New Dawn PA can manage documentation for audit trails or even help to put in place more effective systems.

With a commitment to accuracy, organisation, effectiveness and discretion, financial advisors can be confident that all admin needed for compliance reviews will be filed in a safe and timely manner – and that all relevant paperwork is completed.

Gain support to meet financial compliance standards

If you needed additional support that you can rely on as a financial advisor – or help in completing compliance reviews – New Dawn PA can help.

Support from New Dawn PA is available on a short-term, long-term or ad hoc basis so please get in touch to find out how we can support your financial business.