Advocis Praises New Brunswick Government

Financial Planners


TORONTO, Ontario, June 20, 2023 (Globe Newswire) — Advosys congratulates the New Brunswick government on passing legislation. Title Protection Act for Financial Advisors and Financial Planners. The bill, which aims to protect consumers receiving financial services, was approved by the King on 16 June. activity We have established minimum standards for availing the title of “Financial Advisor” or “Financial Planner” and ensure that only qualified individuals with appropriate qualifications are entrusted with the financial health of New Brunswicker.

“The government of New Brunswick has taken an important step in consumer protection with this law,” said Greg Pollock, President and CEO of Advocis. “Individuals, families and businesses can now rest assured that they will receive a high standard of service and professionalism when seeking a financial advisor or financial planner to entrust their financial future to.”

of activity Authorizes the New Brunswick Financial and Consumer Services Commission (FCNB), the state’s financial services regulator, to enable financial advisors and financial planners to obtain qualifications through recognized credentialing bodies. increase. New Brunswick is now partnering with Ontario and Saskatchewan, which have passed similar title protection legislation in recent years.

“With rights protection legislation in Ontario, Saskatchewan and now New Brunswick, we are seeing moves across Canada to ensure the highest standards of financial advisory services,” Pollock added. “We thank our members for their continued efforts to bring a local dimension to discussions with New Brunswick policy makers. I will do my best to continue advocating for the rights of others.”

About Adbosis

Advocis, the Canadian Association of Financial Advisers, is Canada’s largest voluntary professional membership organization and Canada’s largest professional membership association for financial advisors, representing more than 17,000 member clients and 40 chapters nationwide. Advocis offers membership in a network of chapters with certifications, continuing education opportunities, industry-leading publications, mentorship programs, research groups, and practice development resources.


        



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