NAB/MLC leverage FP 9000 standard
National Australia Bank and its wealth management division MLC are continuing to leverage off their involvement in FP 9000 accreditation involvement.
NAB has today pointed to a Queensland financial planning firm, Wealthfarm, as being the first in that state to gain FP 9000 certification.
According to NAB, this means that Wealthfarm has been independently assessed and shown to have systems and processes in place to support the delivery of quality advice.
The FP 9000 certification standard was developed by SAI Global in conjunction with NAB subsidiary, MLC.
According to the general manager of MLC Advice Solutions, Greg Miller, the program provides customers with a level of comfort that the financial planning business they are dealing with is a quality-endorsed practice.
He said it also allowed practices such as Wealthfarm, which is part of the Garvan dealer group, to benefit from SAI Global’s five ticks quality standards mark.
AUTHOR
Mike Taylor
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.
