CMFAS RES5 MAS Guidelines question: switch of designated investment products

Answer: A. Whether the replacement gives lower benefit at a higher or same cost, or the same benefit at higher cost

FAA-N16 (para 42) lists factors MAS may weigh in deciding whether a switch is detrimental, including termination penalties, transaction costs without real benefit, whether the replacement product gives a lower benefit at a higher/same cost or the same benefit at a higher cost, and whether it is less suitable. The client's age relative to the representative, scorecard effects, and the origin of the original product are not the stated tests.