Progeny has become an International Professional Partner Firm (IPPF) with the Chartered Insurance Institute (CII).
This is a voluntary commitment to maintaining and enhancing professional standards and adopting the CII’s Code of Ethics.
As already one of the largest Chartered firms in the UK, achieving IPPF status brings Progeny’s international offices in the United Arab Emirates, Singapore, Hong Kong and Belgium into alignment.
This reflects its desire to drive professional standards and deliver a first-class service for clients in the UK and around the globe.
President of the CII, Ian Callaghan, comments: “We are proud to welcome Progeny to our community of International Professional Partner Firms (IPPFs). IPPFs hold a commitment to the CII Code of Ethics, in the interest of building public trust in the sector. They are recognised as market leaders in upholding professional standards, as well as the professional development of their people, and providing exceptional customer outcomes.”
Progeny CEO, Neil Moles, adds: “We’ve been working very closely with the CII and becoming an International Professional Partner Firm represents the next stage of our Chartered journey as a global financial advisory firm.
“We firmly believe that both Corporate and individual Chartered status are the engine to professionalising the advice sector and ultimately paving the way for financial planners to be recognised in the same way as the other professions.
“Looking forward, if we want to continue to raise standards and attract the next generation of clients and advisers, we need to be intentional about it and be clear about what we stand for in terms of professionalism, ethics and values, both in the UK and internationally.”
Progeny was recently the winner of the President’s Award at the Personal Finance Society Awards 2024/25, which is given to a member who has made outstanding contributions to the PFS and continues to demonstrate high professional standards, as nominated by PFS and CII members and staff.
The group has also launched an international mobility initiative, to support staff who are interested in transferring to one of its global offices in Belgium, UAE, Singapore or Hong Kong.
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Richard Ellis
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