Topics: Certified Financial Planner, Ethics, Professional Pages: 5 (1367 words) Published: December 16, 2012
Continuous Assessment

Subject : Foundation of Financial Planning

Title : Code of Coduct for Personal Financial Planner

Student name : LEUNG KONG SANG (HUGO)

Student number: 30124326

Company Handbook
ABC company certificants handbook
Issue date: 13-10-2012

To ABC COMPANY certificants:

This is our new Certificant Handbook. Please review it and sign the attached acknowledgment and drop the acknowledgment in Officer’s inbox. You may keep a copy of the Handbook if you wish, but a copy will always be available to you through the GR department. If you wish to keep a copy, please return the Handbook to HR. This Employee Handbook was developed to describe some expectations of our certificant’s conduct and ethics and to outline several principal and rules to our certificants to follow and reference. Certificants should familiarize themselves with contents of the Handbook as soon as possible, for it will answer many questions about how to guide themselves to a professional adviser.

As part of the CFP certification process and the terms and conditions imposed upon certificants and registrants, CFP Board maintains professional standards necessary for competency and ethics in the financial planning profession. Through its Code of Ethics and Professional Responsibility (Code of Ethics), CFP Board identifies the ethical principles certificants and registrants should meet in all of their professional activities. Through its Rules of Conduct, CFP Board establishes binding professional and ethical norms that protect the public and advance professionalism. CFP Board's Financial Planning Practice Standards (Practice Standards) describe the best practices expected of certificants engaged in financial planning and refer to those sections of the Rules of Conduct that provide ethical guidance. Through its Disciplinary Rules and Procedures (Disciplinary Rules), CFP Board enforces the Code of Ethics, Rules of Conduct, and Practice Standards and establishes a process for applying the Standards of Professional Conduct to actual professional activities. The following will show the main principal of ethics and rule to certificant for initially understanding , and the detail of standard will be enclosed through supplementary handout.

The Content of Code of Ethics are listing below:
1. Integrity: Provide professional services with integrity. 2. Objectivity: Provide professional services objectively. 3. Competence: Maintain the knowledge and skill necessary to provide professional services competently. 4. Fairness: Be fair and reasonable in all professional relationships. Disclose conflicts of interest. 5. Confidentiality: Protect the confidentiality of all client information. 6.  Professionalism: Act in a manner that demonstrates exemplary professional conduct. 7. Diligence: Provide professional services diligently.

1. Integrity : Integrity demands honesty and candor which must not be subordinated to personal gain and advantage. Certificants are placed in positions of trust by clients, and the ultimate source of that trust is the certificant’s personal integrity. Allowance can be made for innocent error and legitimate differences of opinion, but integrity cannot co-exist with deceit or subordination of one’s principles.

2. Objectivity: Objectivity requires intellectual honesty and impartiality. Regardless of the particular service rendered or the capacity in which a certificant functions, certificants should protect the integrity of their work, maintain objectivity and avoid subordination of their judgment.

3. Competence: Competence means attaining and maintaining an adequate level of knowledge and skill, and application of that knowledge and skill in providing services to clients. Competence also includes the wisdom to recognize the limitations of that knowledge and when consultation with other professionals is appropriate or referral to other professionals...
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