Chartered Status & Qualifications
French Duncan Wealth Management have been awarded Chartered Financial Planners status, which is regulated by the Chartered Insurance Institute (CII). This is the industry’s gold standard for firms of financial planners and confirms that we have satisfied rigorous qualification criteria by retaining highly qualified staff who subscribe to the membership conditions of the CII.
Only the UK’s premier financial planning firms qualify for Chartered status as it involves a commitment to continuing professional development and adherence to an industry standard Code of Ethics. You can view the Code at www.cii.co.uk/code. If you wish to know more about how using a Chartered firm can ensure you get the best possible advice, service and support, please do not hesitate to contact us.
In a profession where, historically, qualifications have been poor, our regulator, The Financial Conduct Authority (FCA), sought to correct this via their Retail Distribution Review (http://www.fca.org.uk/firms/being-regulated/retail-investments) in January 2013 by imposing a new minimum standard for those providing financial advice. All financial advisers now need to have attained the QCF Level 4 Diploma qualification, undertake 35 hours of continuous training every year to keep their knowledge up to date and, additionally, need to hold a valid Statement of Professional Standing.
Our view is that whilst the Diploma qualification is a higher level than had previously been required, this is still insufficient to deliver professional financial advice. All of our advisors are qualified to at least the Advanced Diploma level, with some having attained the coveted Chartered Financial Planner status.