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Top planners awarded

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By Madeleine Collins
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3 minute read

FPA reveals the winners of the annual value of advice awards.

Partnership Financial Services' Philippa Elliot has once again been judged the country's best financial planner for the quality of her wealth accumulation advice.

Elliot beat tough competition for the second year running to be honoured in the FPA's Value of Advice Awards 2007.

She is a principal of Plan B-owned Momentum Planning in East Perth.

Elliott also won the wealth accumulation division at state level, as did Queensland's Paul Little of MLC-owned Apogee Financial Planning.

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AMP Financial Planning's Jeremy Gillman-Wells, principal of Canberra's Bentham Financial Group, won the award for best pre-retirement planning.

The winner of the post-retirement and management category was MLC-owned Garvan Financial Planning adviser Angela Jenkins of Tasmania. Garvan's Jenkins was also the winner of the award at state level.

She shared the honour with Shadforths managing director Rick Arnheim of Sydney.

The winner of the low-income advice category was Victoria's Michael West of Axa Financial Planning. West also took out the award at state level.

Awards for community contribution and pro bono work went to South Australia's Maurice Nistico of Hillross Financial Services, Victoria's Susan Jackson of Women's Financial Network and Queensland's Neil Kendall of Tupicoffs. Kendall was the winner of the low income category in 2006.

It was the first time planners were honoured for their contribution to the community as last year the entries were deemed to be unworthy of the award.

AMP's Nistico was recognised for his efforts in finding work for Port Augusta youth. Through his practice, Nistico Sen, he founded a public offer master trust superannuation fund administered by Statewide Super, with brokerage fees funding youth employment programs.

The judges said a highlight of the winning entries was the story of a young couple who sought advice that helped them to pay off their mortgage in three years. It was a reduction of 11 years and a saving of $48,000 in interest.

Forty two of the nation's premier advisers entered the awards in this second year of judging.

The awards recognise excellence among Australia's 5390 certified financial planners in an effort to promote professionalism in the industry.

Only advisers with the CFP designation - the gold standards for planners - or those working towards it are allowed to enter the competition.