Informed consent

Thursday 10 April 2014

This paper describes CFA UK’s views on Informed Consent. Informed Consent is the process by which a client makes a decision about an investment program. This process involves the client having a clear appreciation and understanding of the facts, implications and future consequences of an action recommended by an investment professional.

When a client has understood the actions being recommended and agrees to proceed then this should be formalised in written form. Conversely, if the client decides against the recommended action than this too needs to be documented formally as ‘informed refusal’.


Sheetal Radia, CFA, supported by  CFA UK's Market Integrity and Professionalism Committee.



Read the full research paper