Ethical approach a business opportunity
Philippa Foster Beck, director of the UK-based Institute of Business Ethics, was in Auckland to present to the combined IFA/PAA conference last week.
The IFA runs business ethics courses developed by the Institute.
Foster Beck said she had been coming to New Zealand every year for the past five years and had noticed a change in attitude. "People are now much more interested and willing to listen. The number in the room willing to listen to me has increased."
But she said there was always more work that financial advisers could do to improve their own business ethics. "Organisations need to fight complacency."
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