Wealth management company Citadel has announced that it cancelling the Word on Money Journalism Award it launched in 2000.
“We are confident that our award achieved its objective of encouraging quality reporting on issues related to personal finance and investment in the twelve years it was presented. A wide range of media now include content about money. When we started the award project, money and investment issues were mostly covered by the traditional business media and dedicated personal finance publications with some coverage in consumer media. Today a wide range of media – from music radio stations to magazines aimed at children – include articles about managing personal finances,” says Citadel marketing director, Andrew Finlayson.
“The participation of the Financial Planning Institute through its judging of entries with other judges, made a significant contribution to the award the last six years. The FPI actively promotes sound decision making around personal finance and manages the standards in our industry. The Citadel award would not have achieved its status as a leading financial journalism award without their input,” Finlayson said.
Finlayson said Citadel would continue to encourage and develop exceptional reporting and analysis about personal finance and investment and are looking into other projects that could be of value to journalists.
The winner of the inaugural award was Stephen Cranston of Financial Mail. Many of the country’s top journalists were recognised, including Bruce Cameron of Personal Finance, Bruce Whitfield of 702 Talk Radio, Rob Rose, now editor of Business Times, and many more.