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MLC scores with new certification program

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MLC-aligned advisers will have 12 months' exclusive access to a new industry certification program.

MLC plans to build on its internal financial planning offerings following the group's involvement with new certification program, Financial Planning 9000.

The new program is based on standards and compliance group SAI Global's quality endorsed company program, which utilises the globally recognised ISO 9001 quality management system standard.

SAI Global head of assurance services Duncan Lilley said the program builds on the MLC's quality advice accreditation program, which the group's aligned financial advisers have been using for the past five years.

MLC Advice Solutions general manager Greg Miller said MLC advisers would benefit from SAI Global's five ticks quality standards mark.

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"Many financial planners are now choosing to achieve higher levels of education and we believe this new program will demonstrate that in addition to having strong qualifications, the planner also has quality systems and processes in their business," he said.

MLC plans to have around 30 of its financial planning practices assessed within the next 12 months, Miller said.

MLC's aligned advisers will have exclusive access to the program for 12 months before it is launched to the market.