Important developments for CDC and for you – May 2013

Important developments for CDC and for you – May 2013

Proud to be Chartered Financial Planners

We have recently been awarded the prestigious Chartered Financial Planners designation by the Chartered Insurance Institute (CII).

This is the industry’s gold standard for firms of financial planners. It confirms that we have satisfied rigorous qualification criteria by retaining highly-qualified staff who subscribe to the membership conditions of the CII.

It also involves a commitment to continuing professional development and adherence to an industry standard Code of Ethics. You can view the Code at

When you use a Chartered firm you are dealing with proven professionals. The CII is empowered by the Privy Council to award Chartered status, and the award is only made in deserving cases. And while Chartered titles are steeped in history, they remain the benchmark of professional excellence and integrity.

Only the UK’s premier financial planning firms qualify for Chartered status, currently less than 1.5% of advice firms have been awarded this status.

Discretionary Investment Management Permissions

CDC Wealth Management, has recently been granted discretionary investment permissions by the Financial Conduct Authority (FCA).

Discretionary Investment Management can be simply defined as “an account in which an investment manager makes the buy and sell decisions without referring to the client for every transaction. The manager, however, must operate within the agreed upon limits to achieve the client’s stated investment objectives.”

Since the business was launched CDC has offered an advisory service which means that before making changes to your portfolio we must seek your formal agreement, however having successfully managed investments through Model portfolios for a number of years, the natural progression was to apply for discretionary permissions.

We have worked hard to ensure we have the necessary processes in place to manage our client portfolios on a discretionary basis. This culminated in a lengthy application during which the FCA assessed the expertise of the investment committee, reviewed internal systems and controls as well as ensuring that we have the necessary capital levels in order to meet liquidity requirements.

We believe that this development with allow us to manage your portfolio more efficiently whilst reducing paperwork and the time involved in changing portfolio’s to suit ever more volatile markets. Your CDC adviser will meet with you shortly to discuss this service and assess whether it might be appropriate for you.

In summary, these two important developments demonstrates CDC’s commitment to continually improving our business and it means you can be confident that you are dealing with one of the UK’s leading firms that is wholly committed to providing you with the best possible advice, service and support.