FPA Value of Advice Awards 2010

Following recent success at the Telstra Business Awards, DMG Financial adviser Ben Lancaster was named runner up in his category at the Financial Planning Association (FPA) Value of Advice Awards.

The FPA Value of Advice Awards publicly acknowledge those FPA members who demonstrate ‘best practice’ financial advice for their clients, while also promoting the professionalism of FPA practitioner members. The awards which commenced in 2005 were created to promote and define the value of professional advice.

‘Value of Advice’ includes excellence in the process of engaging and listening to clients, identifying their needs, and helping them uncover their life goals. It also involves analysing client’s circumstances, providing a financial plan and implementing a plan to help clients achieve their goals.

The prestigious national awards are judged by a panel of distinguished national industry experts. Entrants were required to demonstrate how the recommendations and outcomes of their financial advice have added financial value to a real life client in one of four categories; Wealth accumulation and protection, Pre-retirement planning, Post-retirement planning and Management or Pro bono.

Every valid submission is judged individually by at least 3 members of the judging panel. The finalists are selected on the basis that they meet a benchmark score as a minimum base and are the top three scoring entries nationally in the category. The top scoring finalist in each category was awarded at the special awards presentation held at the 2010 FPA National Conference in Queensland on 25 November 2010.

Gary Lucas, Director of DMG Financial Planning said; ‘This is an outstanding achievement for him and a testament to the level of excellence and comprehensive advice the DMG advisers offer our clients. We are extremely proud of Ben, he is a fantastic asset to our firm and a great role model for other younger advisers in our business.’

DMG Financial and DMG Financial Planning Pty Ltd is a local Financial Planning and Accounting firm in Sale. It is the result of the recent merger between MG Financial Group, MG Financial Planning and Duesbury’s Gippsland.