New Research on the Value of Financial Planning To Be Released This World Financial Planning Day
Global activities to raise awareness of the value of financial planning will also take place
DENVER, COLO – 26 September 2023 – In today’s world, the ability to manage your finances to achieve a comfortable lifestyle and handle the rising cost of living are common goals. To raise awareness about how financial planning can help individuals and families achieve this, Financial Planning Standards Board Ltd. (FPSB) is pleased to host the seventh annual World Financial Planning Day in partnership with the International Organization of Securities Commissions (IOSCO) World Investor Week (WIW) from 2-8 October.
To mark this year’s World Financial Planning Day, FPSB and its global network of financial planning professional bodies will present new consumer research findings on the value of financial planning, as well as host a variety of financial education events.
“We’re excited to release FPSB’s new global consumer research findings on 4 October, World Financial Planning Day, to show that financial planning can play a key role in reducing financial stress and worries. By creating a holistic financial plan with the help of a financial planner who has committed to putting clients’ interests first, like a CFP professional, individuals can build a roadmap to achieve their goals and feel better about their future,” said FPSB CEO Dante De Gori, CFP.
FPSB will also broadcast an on-demand Fireside Chat with FPSB CEO Dante De Gori, CFP, and IOSCO Secretary General Martin Moloney covering investment trends, like crypto and sustainable finance, on the World Financial Planning Day website at worldfpday.org on 4 October.
Furthermore, FPSB and its network of financial planning professional bodies, representing more than 213,000 CFP professionals worldwide, will host a series of activities to raise awareness of the value of financial planning in observance of World Financial Planning Day. Activities include:
- Canada: FP Canada will promote findings from its 2023 Financial Stress Index that shares valuable insights into factors causing Canadians financial stress and how CFP professionals and QAFP professionals are helping Canadians improve their financial well-being.
- Chinese Taipei: Financial Planning Association of Taiwan will host the World Investor Week Forum from 2-6 October to share insights and perspectives on the current and future state of the global financial economy.
- Germany: FPSB Deutschland will host a series of live sessions with a consumer protection agency in partnership with SdK Schutzgemeinschaft der Kapitalanleger e.V. View video to learn more.
- Hong Kong: The Institute of Financial Planners Hong Kong will conduct a consumer quiz and grant awards to winners.
- India: FPSB India will participate in the Bombay Stock Exchange (BSE) of India bell-ringing ceremony to kick off World Financial Planning Day and host an in-person event titled, “Commitment, Engagement & Evolution,” that will feature distinguished participants from the Indian financial planning community on 4 October.
- Indonesia: FPSB Indonesia will host a hybrid seminar under the theme “The Financial Planning Profession Today and in the Future” on 5 October.
- Malaysia: Financial Planning Association of Malaysia is teaming up with the Securities Commissions in Malaysia to conduct free, virtual one-on-one financial planning consultations.
- New Zealand: Financial Advice New Zealand will host an online webinar to share local findings of New Zealand’s consumer research on the value of financial planning on 4 October.
- Republic of Korea: FPSB Korea will provide pro bono financial planning consultations via its new Metaverse platform, and is holding a contest that invites consumers and financial planning professionals to submit a video on the theme, “Live your today. Plan your tomorrow™”.
- Singapore: Financial Planning Association of Singapore (FPAS) will participate as a panelist in a World Investor Week event during the first week of October. In addition, FPAS will host the FPAS Global Conference and Dinner on 16 October that will bring together leaders from the global financial planning profession to share financial planning trends and exchange ideas on how to propel the financial planning profession forward.
- South Africa: Financial Planning Institute of Southern Africa (FPI) will conduct the FPI MyMoney123 program to build awareness of the value of financial planning, hold a financial planning workshop, host a panel discussion to share local consumer research findings, and broadcast videos on their YouTube channel to show how corporations in South Africa are celebrating World Financial Planning Day.
- Thailand: Thai Financial Planners Association (TFPA) will host an online Financial Planning Clinic to help individuals connect with CFP professionals for a free, one-on-one financial planning consultation. In addition, TFPA will broadcast a video to raise awareness of the value of financial planning and of working with a financial planner who has committed to competency and ethical standards.
- United Kingdom: Chartered Institute for Securities & Investment (CISI) will host Financial Planning Week in January 2024. During the week, CISI will share findings from FPSB’s global consumer research as well as host their Financial Planning Conference to help financial planners learn, share and debate all things financial planning.
“I’m pleased that on this World Financial Planning Day we are able to celebrate the powerful impact financial planning has on individuals worldwide and help people discover the wide-ranging benefits financial planning can bring, including improved confidence in financial decision-making, ability to live your desired lifestyle and manage unexpected costs when life throws you a curve ball,” De Gori added.
FPSB manages, develops and operates certification, education and related programs 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 . FPSB and the FPSB global network administer CFP certification and other programs in the following 27 territories: Australia, Austria, Brazil, Canada, Chinese Taipei, Colombia, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Japan, Malaysia, the Netherlands, New Zealand, People’s Republic of China, Peru, Republic of Korea, Singapore, South Africa, Switzerland, Thailand, Turkey, the United Kingdom and the United States. At the end of 2022, there were 213,002 CFP professionals worldwide. For more, visit fpsb.org.
FPSB owns the CFP, CERTIFIED FINANCIAL PLANNER and (the CFP Marks) outside the United States, and permits qualified individuals to use the marks to indicate that they meet FPSB’s initial and ongoing certification standards and requirements. CFP professionals may use the CFP marks in the territory or region in which they are certified.
About CFP Certification
CFP certification is the global symbol of excellence in financial planning and represents financial planners who commit to standards of competency and ethics, and to putting clients’ interests first. The CERTIFIED FINANCIAL PLANNER credential represents financial planning professionals who commit to better serving their clients through rigorous international standards, ethical practices and lifelong learning.
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CFP Certification Global excellence in financial planning™
FPSB Senior Manager of Communications and Content