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FPSB's World Financial Planning Summit Takes Place in Taipei (21 April)

-- Icelandic Volcano Eruption Limits European Attendance, But Not Participation --   

TAIPEI – 21 April 2010 – Participants who hoped to attend the World Financial Planning Summit in Taipei will have an opportunity to watch the proceedings online at www.worldfpsummit.org after the event. Some financial planning leaders were unable to travel to Taipei this week, after ash clouds from Iceland’s volcano eruption forced airline cancellations at most European airports. The goal of the Summit, hosted by Financial Planning Standards Board Ltd. (FPSB), the preeminent international standards-setting organization for financial planning and owner of the CFP, CERTIFIED FINANCIAL PLANNER and CFP Logo marks outside the United States, was to encourage dialogue about how best to establish financial planning as a professional practice worldwide and provide consumers the benefit of working with qualified and competent financial planners.

Sean C. Chen, chairperson of the Financial Supervisory Commission, welcomed the Summit participants to Taipei and offered his perspective on financial services regulation. FPSB Chairperson Corinna Dieters provided the Summit’s vision statement and called on the financial planning community to take responsibility for shaping the future of the profession.

“We need to take responsibility for addressing the uncomfortable issues,” said Dieters. “We need to take responsibility for suggesting solutions that raise the bar – on standards, education, regulation, the practice and delivery of financial planning, and the level of care we give to those who entrust us with their financial wellbeing, and the financial wellbeing of their loved ones.”

Other speakers at the event included:

•    Ian Johnston, deputy chief executive and managing director for Dubai Financial Services Authority in the United Arab Emirates, representing the regulatory perspective;  
•    Wessel Oosthuizen, director of the Centre for Financial Planning Law at the University of the Free State, South Africa, on building a body of knowledge for the financial planning profession; and
•    Gautam Chikermane, executive business editor for the Hindustan Times in India, representing the needs and desires of consumers in financial planning relationships.

For more information about FPSB’s World Financial Planning Summit, visit WorldFPSummit.org.

About FPSB
Host of the World Financial Planning Summit, FPSB manages, develops and operates certification, education and related programs for financial planning organizations to benefit the global community by establishing, upholding and promoting worldwide professional standards in financial planning. FPSB demonstrates its commitment to excellence with the marks of professional distinction – CFP, CERTIFIED FINANCIAL PLANNER and CFP Logo mark. FPSB has 23 member organizations around the world that together have certified more than 126,000 CFP professionals globally. For more, visit fpsb.org or follow the organization at twitter.com/fpsb or facebook.com/fpsb1.

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