AIOFP registers name for new premier adviser designation
The Association of Independently Owned Financial Planners (AIOFP) has announced the name of the premier adviser designation it launched last month as an industry alternative to the Financial Planning Association's Certified Financial Planner (CFP).
AIOFP executive director Peter Johnston told the plenary session of the association's annual conference on the Gold Coast last week that the name Certified Financial Strategist (CFS) had been "registered" for the new designation.
Johnston said the CFS had a "certain ring to it that will assist in promoting the brand".
"It also adds a different dimension to the tainted and generic term 'financial planner' and is more specific to what the public really want at the end of the day - investment advice that assists their future."
To be eligible for the designation, advisers must work in an independently owned practice, have appropriate tertiary education qualifications, be Australian Securities Exchange-product trained and demonstrate appropriate research capabilities.
Recommended for you
Licensing regulation should prioritise consumer outcomes over institutional convenience, according to Assured Support, and the compliance firm has suggested an alternative framework to the “licensed and self-licensed” model.
The chair of the Platinum Capital listed investment company admits the vehicle “is at a crossroads” in its 31-year history, with both L1 Capital and Wilson Asset Management bidding to take over its investment management.
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies.
With a large group of advisers expecting to exit before the 2026 education deadline, an industry expert shares how these practices can best prepare themselves for sale to compete in a “buyer’s market”.