Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Top Financial Planners Honoured

21 November 2003

Press Release
For Immediate Release

Top Financial Planners Honoured

Two of the top financial planners in New Zealand have been recognised at the fourth annual Financial Planner of the Year Awards.

This year saw a significant change in the format of the Awards. The Financial Planner of the Year Awards was renamed the Certified Financial Planner (CFP) of the Year recognising the growing importance of the internationally recognised mark.

The Financial Planners and Insurance Advisers Association, which manages the CFP mark in New Zealand, supported the awards.

"We're delighted to endorse these Awards and help promote financial planning to the public," Financial Planners and Insurance Advisers Association (FPIA) chief executive Phillip Matthews says.

Invercargill-based Ricky Bennett of Bennett and Associates won the CFP of the Year and Lisa Dudson of Acumen Financial Planning in Auckland won the inaugural Young Financial Planner of the Year Award.

The Awards are designed to promote and recognise excellence in the financial planning industry. They are also aimed at raising the awareness of professional financial planning.

Commerce Minister Lianne Dalziel told financial planners at the Awards ceremony that she is often surprised at the lack of understanding around two very simple principles; The first of which is: "The higher the promised rate of return the greater the risk" and "if it sounds too good to be true, it is."

"Encouraging people to use the services of professional financial planners will at least enable people to recognise the difference between the 'get-rich-quick' brigade and those that offer sound investment advice," she said.

Her comments are endorsed by ING Managing Director Paul Fyfe. "The Awards promote excellence in financial planning and good savings practice to the wider community. Indeed, they highlight to the general public the benefits of seeking professional financial planning advice in the management of their finances and investments," Mr Fyfe said.

The CFP Award is judged by Economics New Zealand managing director Donal Curtin, Retirement Commissioner Diana Crossan and business journalist Mary Holm.

The Young Financial Planner of the Year is judged by last year's Financial Planner of the Year Fiona Judd and Massey University lecturer Jenny Ridge.

The judges commented that there was a high standard of entries this year.

"We're delighted with the calibre of the candidates this year and with the selection of Ricky Bennett and Lisa Dudson as winners," added Paul Forder of Awards major sponsor Sovereign. "Their success continues the tradition of the high calibre of previous winners."

The Awards are sponsored by leading funds management companies; AMP, ING, Tower and Sovereign.

Online money management magazine Good Returns ( www.goodreturns.co.nz) organised the awards.

For more information, and to arrange an interview with the winners, call
Philip Macalister
Good Returns
Philip@goodreturns.co.nz

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>


Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

CO2 And Water: Fonterra's Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO:

Fisheries: Decision To Delay Monitoring ‘Fatally Flawed’

Conservation group representatives say a decision by the new Minister of Fisheries, Stuart Nash, to delay implementation of camera monitoring of fishing efforts in New Zealand is ‘fatally flawed’. More>>

ALSO:

Kaikōura Quakes: One Year On

State Highway One and the railway were blocked by damage and slips and the Inland Road suffered significant damage. Farms, homes and businesses suffered building and land damage. Power and internet went down, drinking water systems, sewage systems and local roads were all badly affected... More>>

ALSO: