Category: Financial Advisory
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A move to raise the professionalism of financial advisers and improve their perceived trustworthiness by laying out common standards was launched by the Institute of Banking and Finance (IBF) yesterday.

It marks the first time the financial advisory industry has agreed on a common set of competency standards.

Financial advisers here are trained by their companies. They can apply for professional certifications such as the Chartered Financial Consultant Singapore offered by the Insurance and Financial Practitioners Association of Singapore, or Certified Financial Planner from the Financial Planning Association of Singapore (FPAS).