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Money Managers Ltd approved as training org

Money Managers Ltd approved as training organisation

New Zealand¹s largest investment advisory and financial planning company has been approved as a training organisation by the Financial Planners and Insurance Advisers Association.

Money Managers Ltd was awarded Approved Training Organisation status today, following an independent audit of its training and supervision procedures.

The company has a network of 50 offices and approximately $2 billion under advice.

Gaining ATO status means Money Managers' advisers can replace the FPIA's recommended Adviserlink training courses, and their two year supervision and mentoring programme with the company's internal training programme.

Founder and Managing Director Doug Somers-Edgar said Money Managers¹ aim had been to exceed industry standards and legislative requirements.

"The FPIA's independent audit has confirmed that and we are proud to have been granted ATO status," he said.

Franchise Director Alan Anderson said the approval would help Money Managers to support the FPIA by encouraging membership and progression through to Certified Financial Planner practitioner status, an international designation of competence in Financial Planning.

"We value this recognition from the profession¹s main standard-setter of the work we are doing to validate the skill levels and competencies of our advisers," he said.

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