Q & A
· An RFP is a Request for Proposals seeking responses from Financial Service Providers qualified to meet your needs ·
The “four financial pillars” in Canada were consolidated in 1992 but still provide a useful framework when analyzing our requirements.
· An IPS is an Investment Policy Statement which summarizes the client's financial requirements ·
Here is a real-life RFP for Financial Services with suggestions for improvement. Identifying details have been disguised.