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?
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 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
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 Michael Kitces, CFP
It has long been a criticism of financial planning that it is focused too far up the wealth scale. Financial planning firms in the US at best only start serving the “mass affluent” (typically defined as $100,000 to $1 million in investment assets), and the elite independent firms often have minimums of one or several million dollars.
Continue reading Financial Planning For The Masses Works – As Long As You Can Really Reach The Masses!
By Dennis Lau, IFPHK CEO
The Institute of Financial Planners of Hong Kong (IFPHK) is proud to host the upcoming Financial Planning Standards Board (FPSB) meeting at The Langham Hong Kong from 22-26 April. The IFPHK and FPSB have committed to putting together a conference week based on past success and the best Hong Kong has to offer to ensure we have a great and productive few days together. This year, much of the focus of discussion will be on growing the financial planning profession around the world.
Continue reading FPSB Meeting in Hong Kong
by Mark DiGiovanni, CFP
I grew up in New York State, but I’ve lived my entire adult life in Georgia. As a result, I’ve heard a lot about the American Civil War over the years. One of the most iconic symbols of the American Civil War is the Confederate Battle Flag, familiar to anyone who ever saw an episode of “The Dukes of Hazzard”.
Continue reading The Financial Planning Profession at War: Which Flag Do You Fly?