27/04/2010 - Ken Davy receives ‘Outstanding Contribution to the Industry’ award

We are proud to announce that our Chairman, Ken Davy, has been awarded the prestigious Money Marketing ‘Outstanding Contribution to the Industry’ award.

Ken has done a great deal to influence the shape of the financial services sector over the past few decades. He has supported financial advisers where they need it most – providing practical support, questioning regulation, and encouraging professionalism – not least via the not-for-profit New Model Business Academy, which we launched to help IFAs achieve their financial services qualifications and share best practice. Indeed, both Ken and, through his leadership, SimplyBiz, continue to be a source of innovation in the financial services sector.

In the past twelve months, SimplyBiz has also launched exclusive accounting and back office software, specialised services for larger and more complex firms, a scheme to refund the cost of CII examinations passed successfully, and a new compliant investment process – Verbatim - which is free to SimplyBiz Member Firms.

Ken commented; “I am obviously delighted to receive this award. I think it reflects the commitment of a great many people to the cause of enhanced professionalism which I have personally fought for for over 30 years. There is also the recognition that in the drive for professionalism we should keep in mind that, as we raise our standards, we should protect the interests, livelihoods and careers of those who have helped raise those standards over the years. I believe it to be absolutely essential that as we raise the bar, we ensure that current practitioners of good standing are able to continue to deliver their valuable services to their clients.”

Money Marketing reported:

“When many have been too fearful to challenge the regulator, Davy continued to address a number of issues on behalf of the IFA, including the true cost of the RDR and the implications of its timing. He has also taken a lead role in taking forward the FSA’s alternative assessment RDR proposals.”

Ken was also recently placed 23rd on the list of Management Today’s league of the top 100 British entrepreneurs, which included only five entries from the financial services sector. Management Today compiled the list based on several factors including employment record, turnover growth, profits and financial robustness. Ken’s inclusion on this list is yet further recognition of his standing within the financial services sector, and the wider business industry.