“An IPS should be reviewed and considered for possible revision when an investor experiences a change in personal circumstances or when external conditions change significantly. For example, a change in tax laws may trigger an IPS review” Correct or Incorrect - Explain if incorrect. My answer is below; an I too nitpickey? -------- incorrect - it should also be reviewed on a regular basis. IE - if it were only reviewed when circumstances or markets changed it could go too long. in hindsight I guess I should ahve been looking out for words like “only”. If it had said “only” my answer would have been right, I think.