Consumers just want a good deal from their financial products, how is Chartered status going to help?
A. The establishment of Chartered Financial Planner status introduces a new, internationally recognisable benchmark of quality and ethical practice for financial services professionals. This will re-assure consumers as for the first time financial services will be elevated in the public eye to the same standing as other Chartered professions, such as accountants, engineers and surveyors. Chartered status represents a sea change for the industry creating, for the first time, a financial planning profession. All holders abide by a Code of Ethics and the CII has the sanction of a disciplinary process against members should this be necessary. This represents the first step in an evolving process. The CII will work with industry practitioners to ensure that the standards and practices associated with a professional body are established and maintained within financial services.
