Initiative for Financial Wellbeing awarded 'Institute' status

'Hard work and determination'

Julia Bahr
clock • 3 min read

The Initiative for Financial Wellbeing (IFW) has been granted 'Institute' status by the secretary of state for business, the non-profit organization revealed.

The IFW name will change from 'Initiative' to 'Institute' in due course, with rebranding work currently underway, it said. The government-regulated term 'Institute' is protected and only given to organizations that are carrying out research at the highest level, and to professional bodies of the highest standing, according to the IFW. The IFW said that in granting it status, recognition was given to the three sponsored white papers the organisation has produced. Becoming a CPD accreditor and launching the ‘Financial Wellbeing Certificate' programme, which already has an alumnus of som...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

The advice business: Andrew Goodwin on innovation and adaptation

The advice business: Andrew Goodwin on innovation and adaptation

‘Financial advice should be available to everyone’

Jenna Brown
clock 24 June 2025 • 5 min read
Suttons IFA buys Bolton-based firm

Suttons IFA buys Bolton-based firm

Remains acquisitive

Jen Frost
clock 23 June 2025 • 2 min read
Editor's view: A firm-size divide and MPS pricing

Editor's view: A firm-size divide and MPS pricing

The editor's Friday Night Takeaway from 20 June

Jen Frost
clock 20 June 2025 • 3 min read