Self-development key to professionalism

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With the huge changes the financial planning industry has undergone recently, self-development is emerging as the most important professional development tool for practitioners.

More than 1000 financial planning practitioners took part in sessions to improve leadership and professionalism at the Financial Planning Association’s (FPA) Inaugural Professionals Congress in Sydney last month.

Significant regulatory and cultural changes to financial planning include the implementation of FOFA and an emphasis on professionalism, says FPA chief executive Mark Rantall.

Among the most popular sessions at the congress were personal and professional development topics, such as personal time management and consumer targeted sales and marketing.

Social networking was also a focus, with delegates encouraged to interact on Twitter, Facebook and Instagram.

Delegates were given social media lessons as it is of growing importance as a professional communication tool, said Rantall.

“Interaction between planners and clients is vital, and with an increasing number of conversations happening online it is important that we are encouraging our members to use social media and ensuring they are equipped to do so.”

Next year’s congress will take place in Adelaide in November.

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