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Midlands-based IFA Torquil Clark has been awarded chartered financial planner (CFP) status by the Chartered Insurance Institute (CII).
The Personal Finance Society (PFS) says the growing need to raise standards has helped it gain over 25,000 members since its creation in 2005.
IFA firm Punter Southall has more than doubled its turnover in two years it was announced today.
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Trevor Matthews, CEO of Standard Life Assurance and newly appointed deputy president of the CII, says chartered status is a good level to aim at for the IFA industry.
The Personal Finance Society (PFS) will spend at least £1m in 2006 in its first major drive to communicate the role of the professional body to the financial services industry to consumers.
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