Leeds-based Progeny 'takes next step' in building its global business

This is a voluntary commitment to maintaining and enhancing professional standards and adopting the CII’s Code of Ethics.

Achieving IPPF status brings Progeny’s international offices in the United Arab Emirates, Singapore, Hong Kong and Belgium into alignment.

Progeny CEO Neil Moles said: “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.”

President of the CII, Ian Callaghan, said: “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.”