How to Write Off Student Loans When Unfit to Work Higher education opens doors, but often incurs a lasting financial commitment in the form of student loan debt. While most graduates expect to repay this over many years, there are circumstances where the Student Loans Company (SLC) cancels the outstanding balance altogether. We recently helped a vulnerable client cancel student loan debt of almost £83,000 after serious ill health left them permanently medically unfit for work in the UK. This provided significant financial relief and removed an unnecessary burden at an already difficult time. Surprisingly, many people – including professionals

Multiple financial and legal professionals contribute to the assessment of investment suitability, each playing an important role in achieving the best possible outcomes for their clients. However, recent updates to the Financial Conduct Authority’s Consumer Duty have placed suitability assessment under greater scrutiny, prompting closer consideration of how responsibilities are shared across investment managers, financial advisers and other professional parties. In this article, we will provide an overview of investment suitability, including how it relates to Consumer Duty and investment performance, before reviewing who is responsible for ensuring products and arrangements are suitable for their clients. What Is Investment Suitability?