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
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.
Continue reading Love the financial planning profession? Then lead it! FPSB Seeks Candidates for its 2015 Board of Directors
By Taylor Liao, CFP, Chinese Taipei
In today’s financial industry, there are many salespeople who sell investment products unfairly to consumers. They use persuasion and manipulate the information to make their products seem favorable. Let’s use a foreign currency insurance product as an example:
Continue reading Why CFP Professionals Are Better
By Tony Vidler, Former Chairperson of IFA, New Zealand
As with most of the developed world New Zealand has undergone significant regulatory reform in recent years. It has been done well by international comparison, though it is apparent that regulation alone will not create an advice profession. It may be a catalyst, but not a cure.
Continue reading Avoiding Regulatory Rigor Mortis
Should financial planners expanding their practice into new territories be required to meet all certification and regulatory requirements in the new territory, or should they be allowed to practice based on compliance with certification and regulatory requirements in their home territory?
Continue reading Point/Counterpoint: What Should the Regulatory Requirements Be for Financial Planners Expanding into New Territories?
By Taylor Liao, CFP, Chinese Taipei
The biggest barrier to growing the number of CFP professionals in Taiwan is that the CFP certificants can’t see a clear and bright future for the profession. Most of them have no idea about how to use this certification to benefit themselves.
Continue reading Positive Signs the CFP Professional Market is Growing in Taiwan
By KP Liu, CFP, CEO of FPAT
Financial Planning Association of Taiwan (FPAT) is a standards setting body with limited resources on hand. Unlike certification organizations in other territories, FPAT is not involved in the education piece of the CFP certification program, with the end result being that FPAT has limited financial resources.
One of the main reasons Taiwan is facing declining growth in CFP certificants is simply because the market receptiveness towards the “financial planning” concept is very low.
Continue reading CFP Certification at a Turning Point in Taiwan