Media Releases - 2003

February 4, 2003, Toronto — Financial Planners Standards Council (FPSC) has approved the financial planning education program offered by The Institute of Canadian Bankers (ICB) as a course of study that meets the educational requirements for CERTIFIED FINANCIAL PLANNER® (CFP®) certification. More >

Toronto, ON - October 20, 2003 The public knows it. The stress and wellness experts know it. And financial planners know it. Money concerns can be a major source of stress. According to a recent survey conducted by Financial Planners Standards Council (FPSC), seventy five per cent of adult Canadians said good financial planning is very important to their future well-being. More >

Toronto, October 7, 2003 — What is the difference between financial planning and financial advice? What should happen in a financial planning engagement? What are the obligations of the financial planning professional? These and other questions are addressed in the Financial Planning Practice Standards, introduced today by Financial Planners Standards Council (FPSC). More >

Toronto, September 9, 2003 — Canadians know financial planning is good for them but too few actually do it and too many are unclear about what is really involved. According to the most recent Financial Planners Standards Council (FPSC) consumer survey released today, 75 per cent of Canadian adults said good financial planning is very important to their future well-being. More >

Toronto, September 2, 2003 — Know a kid that's yearning for the latest, greatest bicycle or skateboard? Wanting that new CD? Saving, spending and budgeting are not just for adults. Kids do it too. And now there's a new resource to help young people start to hone their money management skills earlier in life. More >

Toronto, ON - August 25, 2003 As the federal government prepares to legalize same-sex marriages, the topic is making headlines across the country. Some are for it — others aren't. More >

Toronto, July 9, 2003 — One thousand two hundred and thirty five (1,235) individuals wrote the Financial Planners Standards Council's (FPSC) Certified Financial Planner® (CFP®) Examination on June 7, 2003 and 57.57 per cent (711) passed. Of those writing the exam for the first time, 61.87 per cent passed. More >

Toronto, June 26, 2003 — Financial Planners Standards Council (FPSC) held its eighth annual meeting of members in Calgary, Alberta, June 19, 2003. Garry Duncan, CFP, was appointed the new Chair of the FPSC Board, taking over from Michael Lem, CFP, who becomes Past-Chair. More >

Toronto, ON - June 5, 2003 No doubt the three-year bear market has been tough on individual investors but recent news has highlighted the perils of many of Canada's pension plans. According to several benefit consulting firms, Canada's public and private pension plans are witnessing funding shortfalls of an estimated $225 billion. More >

Toronto, ON - May 7, 2003 With the April 30th tax-filing deadline come and gone, millions of Canadians will soon receive a refund. Last year, the average refund of the more than fourteen million Canadian tax-filers was $1,219.19. More >

When it comes to hair, fitness or health, most people understand the importance of hiring the right professional for the job. But when it comes to managing your money, there's still much confusion. More >

April is Investor Education Month and a great time to improve one's financial savvy and perhaps even embark on a financial spring tune-up. More >

Looking for an expert to comment on the Federal Budget from a financial planning perspective? More >

Comprehensive financial planning practice standards developed by Financial Planners Standards Council (FPSC) to guide CFP professionals are now posted on FPSC's website at www.cfp-ca.org. This current version of the Practice Standards is the result of a comprehensive development effort begun in 2001 and involved extensive industry consultation. More >

Toronto, January 23, 2003 — Financial Planning Standards Board Ltd. (FPSB), a Delaware-based corporation being formed to oversee the global development of CFP® certification, today announced John S. Carpenter of Calgary as its 2003 chair; Maureen M. Tsu, CFP, of California as its 2003 chair-elect; and Noel Maye of Colorado as its chief executive officer. More >

January 14, 2003, Toronto – One thousand four hundred and nineteen (1,419) individuals wrote the Financial Planners Standards Council's (FPSC) Certified Financial Planner® (CFP®) Examination on November 9, 2002 and 54 per cent (767) passed. Of those writing the exam for the first time, 63 per cent passed. More >