A Discussion of Financial Planning and the Challenges of Modern Retirement Planning
By Cora Pettipas, Vice President and a Board of Director of the National Exempt Market Association (NEMA) in Canada
We have all dreamt of it, usually after a particularly demanding period of work. Cleaning off our desk, and departing indefinitely from the office, idealizing a permanent beach vacation (or functional equivalent). Retirement is defined as when a person ceases working voluntarily, as they have built up enough resources and income entitlements to do so. However, the new retirement will likely mean something else, whether it be partial retirement, career change, or retiring later.
Continue reading Did Debt Kill the Retirement Dream?
Jeffrey F. Kenney, FPSB Ltd. Director of Standards and Certification
The future of financial planning will be global and for many professionals it already is. To address the wants and needs of financial planners and their clients now and in the future, the Financial Planning Standards Board Ltd. (FPSB) has begun to develop a model that would allow CFP professionals to become certified in more than one territory using a standardized process.
Continue reading The Future of Financial Planning Across Borders is Already Here
“Paris is always a good idea.” — Audrey Hepburn
By Guy Bonduelle, CEO, Association Française des Conseils en Gestion de Patrimoine Certifiés (CGPC)
Springtime in Paris, for those who haven’t experienced it, is a delight – not only for the senses, but also for the mind. As clouds turn to sun, frigid winds become soft, cool breezes, and flowers and trees begin to bloom, it’s a wonderful time to think about new ideas and fresh perspectives.
Continue reading CGPC Invites Global Financial Planning Leaders to Paris
By Hong Xue, Chairperson, FPSB China
Financial Planning Standards Board China Ltd. is proud to co-host and be the destination location for the 2014 Financial Planning Standards Board (FPSB) Global Member Meeting in Shanghai the week of 26 – 31 October. This year both FPSB China and FPSB Ltd. are celebrating their 10th anniversary so we are excited to recognize our collective achievements with representatives attending from FPSB’s 25 member organizations.
Continue reading FPSB Celebrates 10 Years in Shanghai
By Stephen O’Connor, CFP, 2009 Chairperson, Financial Planning Standards Board Ltd.
Each year, when Financial Planning Standards Board Ltd. (FPSB) seeks candidates to serve on its Board of Directors, I get a bit nostalgic. I served on the Board just as the global financial crisis began, and remember how proud I was to learn that those who had worked with a CFP professional were standing firm with their financial strategies.
By Almo Lubowski, CFP, South Africa
Nobody is under any illusion that a financial planning practice is in the business to be profitable and serve as a source of income for its owners and employees. However, it is unfortunate that many still overlook the need to engage in implementing some important practice management strategies for their businesses in favour of purely focusing on sales targets and production.
Continue reading Good Practice Management and Sales: A Continued Tug-of-War
By Tony Vidler, Former Chairperson of IFA, New Zealand
A well established belief in financial services is that life insurance must be sold as consumers will not seek it out and buy the product themselves. It has become an accepted truth that advisers globally repeat to each other every time a new report on underinsurance, or inadequate financial literacy is released.
Continue reading Insurance Must Be Sold, Not Bought…Right?