A Code of Conduct for Professionals
Financial advisers play a key role in helping citizens meet their goals and make informed investment decisions, with particular regard to the value of financial planning and the enhancement of financial education.
Recognising this important role, and the need for ever-increasing professionalism in the sector, FECIF has unveiled a new Code of Conduct for financial advisers, which was originally presented during the Federation’s annual conference in Brussels at the end of 2019; an event that also celebrated FECIF’s 20th anniversary.
This is a very important step in creating a true level playing field in the sector’s work, both with citizens and the competent authorities, with a view to greater clarity and transparency in the investment sector.
The Code is divided into nine articles and establishes the principles underlying the activity of financial advisors: professionalism, integrity and diligence, pursuit of the customer's best interests, financial education, transparency, contribution to the development of the European single market.
The Code is aimed at all European financial advisors and must serve to make this sector even stronger and more united. Furthermore, it can also be spread among the clients of financial advisors, and also potential clients, to increase their awareness of the importance of being managed by professionals whose activity is based on very important ethical principles; professionals who have high technical skills, who know how to interpret changes in regulatory and economic contexts not only nationally, but also...