AIOFP to screen potential members
Prospective members of the Association of IndependentlyOwned Financial Planners (AIOFP) will have to undergo a 14-day assessment period by existing members from November 1.
The resolution was made at the AIOFP’s annual conference in Vietnam last week to filter out “undesirable applicants” from joining the association solely to tap into a new lead generation program, according to executive director Peter Johnston.
“Our members are concerned that our marketing program could be disrupted if inappropriate advice is dispensed by some less than ethical practices who might try to join the AIOFP simply to tap into new leads.
Johnston said any new applications for membership would be is distributed to all existing members for consideration from November 1, after which they will have 14 days to lodge an objection in writing.
As part of the new leads program, the AIOFP signed an exclusive arrangement with Affiliate Marketing Services during the conference.
The specialist Internet marketing business has access to 1.5 million online consumers throughout Australia, who already receive the company’s questionnaires.
“We expect the new arrangement with Affiliate Marketing Services to generate up to 75 new business leads per week from its client base for our members,” Johnston said.
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