How will you demonstrate professionalism?

Professionalism has been the cornerstone of financial advice for many years. Advisers could hardly do their jobs effectively unless they acted ethically and maintained a comprehensive knowledge in the areas of legislation, taxation, investment products and investment introduction. However, the governance of ‘professionalism’ is changing. Attaining and maintaining higher standards will be much more regulated post-2012. To a great extent this governance has already come into play. To bring this into focus, the FSA published a paper on ‘professionalism’ (CP 10/14), which brought together...