Adelaide firm first to achieve best practice certification

compliance financial planning financial planning practices financial planning practice risk management

10 March 2008
| By Justin Knight |

Adelaide-based financial planning firm Wealth By Design has become the first Australian practice to achieve Financial Planning 9000 certification, the best practice certification program developed by standards and compliance firm SAI Global and dealer group MLC Advice Solutions.

This means Wealth By Design has been independently judged to meet a set of internationally recognised business management principles and practices.

Achieving certification means the firm is also entitled to use the global ‘five tick’ certification symbol.

Wealth By Design principal adviser Tim Rogers said the certification should give clients confidence that the firm is well-managed and sustainable.

“It means we have quality business practices in place that support us in delivering designated outcomes to our clients.

“Financial planning is long-term so it is important clients know we are investing in our future so we continue to meet their needs.”

Financial Planning 9000 — Quality Management for Financial Planning Practices (FP9000) was launched in September 2007 and uses the global ISO 9001 Quality Management System Standard. It is designed to assess key financial planning practice issues, including business and practice management, risk management, client file management and planner qualifications.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 3 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 3 weeks ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 3 weeks ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

1 week 3 days ago

The Reserve Bank of Australia's latest interest rate announcement has left punters disheartened on Melbourne Cup Day....

1 week 2 days ago

The Federal Court has given a verdict on ASIC’s case against Dixon Advisory director Paul Ryan which had alleged he breached his director duties....

1 week 1 day ago