FPA announces record CFP enrolments

CFP/FPA/fpa-chief-executive/certified-financial-planner/financial-planning/cent/investment-trends/chief-executive/

26 July 2012
| By Staff |
image
image
expand image

The Financial Planning Association (FPA) has reported record enrolments for this year's Certified Financial Planner (CFP) program, which saw the increase of nearly 65 per cent from last year.

FPA chief executive Mark Rantall cited research by Investment Trends which found 70 per cent of CFP practitioners were already degree qualified - figures he deemed encouraging.

"Over 86 per cent of CFP professionals believe that having the CFP designation has a positive impact on their reputation," Rantall said. "These are welcome numbers, and show increasing support of our mission to uphold the CFP designation as the gold standard in professional financial planning certification."

However, the growth in CFP intake may come off a lower than usual base, as the FPA reported reduced CFP enrolments revenues in its 2011 annual report.

The association remains confident that the future pipeline for growth in the CFP designation was strong.

Almost a third of associate financial planners are degree qualified and eligible to be on the pathway to the global CFP designation, Rantall said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago

TOP PERFORMING FUNDS