At VMIFS, we believe that we meet and exceed all of the criteria outlined above. Our business has been built on referrals from our valued clients and we seek to build a long-term trusted relationship between us and our clients.
We meet all of the above regulatory criteria as our planners are Authorised Representatives of Australian Financial Services Limited a holder of AFSL 297239.
All of our planners are members of the FPA and AFA which requires them to adhere to a strict code of professional conduct. Further, Australian Financial Services Ltd requires that our financial planners undergo constant ongoing professional development to ensure their skills are kept up to date.
You can expect to receive written advice in our easy to read Statements of Advice, be provided with a choice of payment methods and most of all expect a level of service that will ensure your satisfaction as long term clients.
The Regulating Bodies
The financial planning industry and financial planners are guided by a number of bodies.
Financial Planning Association of Australia Limited
The Financial Planning Association (FPA) is the professional body for financial planners. Through its code of professional conduct, it promotes improved quality of financial advice for consumers as well as high standards and professional behaviour among its members. Membership of the FPA is not compulsory, however all financial planners should meet similarly high professional standards. You may, however, want to check whether the financial planner is a member of the FPA.
Phone: 1800 626 393 (toll free)
Association of Financial Advisers Ltd
The Association of Financial Advisers is a professional organisation that has been serving the financial advising industry for over 60 years. Its aim is to provide members with a robust united voice, continually improve practises and focus firmly on the exciting, dynamic future of the financial advising industry.
With six decades of success behind it, the association's ongoing relevance is due to its philosophy of being an association of advisers run by advisers. This means advisers set the agenda, decide which issues to tackle and shape the organisation's strategic plan.
Phone: 02 9267 4003
Australian Securities and Investments Commission
The Australian Securities and Investments Commission (ASIC) is an independent government body that regulates the financial industry through its policy statements and strives to reduce fraud and unfair practices in the financial industry.
Phone: 1300 300 630 (cost of a local call)