Latest news with #FPCanada
Cision Canada
2 days ago
- Business
- Cision Canada
FP Canada™ Announces Changes to Board of Directors
, CFP ® has been appointed Chair of the FP Canada Board; Christopher Dewdney, CFP, has been appointed Vice Chair. Paul Lalonde, and Jeff Cormier, CFP, are joining the FP Canada Board of Directors as new members. TORONTO, June 19, 2025 /CNW/ - FP Canada today announces changes to its board. Teresa Black Hughes, CFP, has been appointed Chair of the FP Canada Board of Directors. She will replace Ronald Harvey, CFP, who will serve as Past Chair. Christopher Dewdney, CFP, will serve as Vice Chair. Two new members, Paul Lalonde, and Jeff Cormier, CFP, will also be joining the board, while Yves L. Giroux, will be departing. New Chair (and former Vice Chair) Teresa Black Hughes has been a member of the board since 2020. Ms. Black Hughes is a Financial Advisor and Portfolio Manager at RGF Integrated Wealth Management. She has over 35 years of experience providing financial advice and is based in Vancouver, B.C. Christopher Dewdney is the new Vice Chair of the FP Canada Board. He's Principal and Founder of Dewdney & Co., a boutique financial planning firm in Toronto, ON, and has been practicing for over 20 years. He's been a member of the board since 2021. New board member Paul Lalonde, is Head of BMO Wealth Planning, Trust and Insurance Advisory Services, Financial Planning. He has over 20 years of experience in wealth management and earned his Financial Planner ( designation in 2011. Jeff Cormier, CFP, is also new to FP Canada's board. Mr. Cormier is President and Senior Financial Planner of Group financier Cormier Wealth Management, a position he's held since 2009. He's been a Certified Financial Planner ® professional since 2008. "Volunteers who possess high levels of relevant knowledge and expertise are critical to the success of FP Canada's board," says Tashia Batstone, FP Canada President and CEO. "Paul and Jeff bring unique perspectives to their new roles as board members, which are informed by their past and ongoing achievements in financial services as well as their many strengths as leaders in the industry. I'm excited to see how their contributions will help shape FP Canada as we continue to work toward our mandate." An additional change will see the departure of Ronald Harvey from his role as chair. He'll be taking on the position of Past Chair for the next year, which entails, in part, providing counsel to the new Chair. Yves Giroux, who has been a member of the board of directors since 2019, will also be leaving the board, as his terms have ended. "Ron and Yves have made invaluable contributions to the board," says Teresa Black Hughes, Chair of the FP Canada Board of Directors. "Their insights, which were greatly admired by their fellow board members, have been a testament to their ongoing dedication to the financial planning profession. I'd like to thank Ron and Yves on behalf of the board and FP Canada—and wish Yves all the best in his future endeavours." The FP Canada Board of Directors is composed of individuals with varied backgrounds relevant to FP Canada's mandate. In addition to Ms. Black Hughes, Mr. Dewdney, Mr. Lalonde, and Mr. Cormier, current members include Susan Howe, CFP (Director, Financial Planning at Royal Bank of Canada), Moira Klein-Swormink (Principal, Branch Development, Edward Jones in Canada), Denise McEachern, QAFP ® (Assistant Vice President, Strategic Business Growth & Practice Management at Sun Life Financial), Winston Maharaj (retired executive), Julie Raîche, (Vice President, Personal Banking, Eastern Quebec at National Bank), Susan Silma (who leads client engagement at OMERS), and Nira Sivakumar (Partner, Deloitte). Established in 1995, FP Canada is a national not-for-profit education, certification and professional oversight organization working in the public interest. FP Canada is dedicated to championing better financial wellness for all Canadians by leading the advancement of professional financial planning in Canada.
Yahoo
07-06-2025
- Business
- Yahoo
CPA Canada and FP Canada team up to enhance financial services
Chartered Professional Accountants of Canada (CPA Canada) and FP Canada have signed a memorandum of understanding (MoU) to deliver more comprehensive financial guidance to Canadians. This move is aimed at fostering closer collaboration between the accounting and financial planning professions. The agreement will enable professional accountants under CPA Canada to enhance their credentials through improved access to FP Canada's courses and conferences. Both organisations will work together on continuing education, research, and thought leadership initiatives. Certified Financial Planner and Qualified Associate Financial Planner professionals will gain better access to select CPA Canada programmes, including accredited continuing education and national events. FP Canada will also share and promote CPA Canada's information, research, and updates to help financial planners remain current and competitive. CPA Canada president and CEO Pamela Steer said: 'The landscape of financial services is evolving quickly, and clients are looking for holistic advice that integrates tax, retirement, investment and estate planning. 'This agreement will allow CPAs to deepen their value to clients through greater access to financial planning credentials at FP Canada—and aligns with the professional rigour and ethical standards CPAs are known for.' For Canadians, this partnership will offer increased access to financial expertise from professionals adhering to high standards of ongoing education, ethics, and certification. The collaboration aims to provide comprehensive advice covering complex tax strategies and long-term financial planning, enabling more informed and confident financial decisions. FP Canada president and CEO Tashia Batstone said: 'This partnership represents a significant opportunity to leverage the strong reputations of two esteemed professional organisations in Canada's financial services sector. 'By working together, we can more effectively support the professionals who serve the public every day. This will ultimately help to strengthen the financial services ecosystem, for the benefit of all Canadians.' In January 2025, CPA Canada announced plans to enhance the professional development of Canadian chartered professional accountants (CPAs) with its new initiative, CPA Canada Connects. "CPA Canada and FP Canada team up to enhance financial services" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
29-05-2025
- Business
- Cision Canada
FP Canada Standards Council™ Releases its 2024 Report
The FP Canada Standards Council 2024 Report outlines enforcement activity, the latest developments related to certification paths and exams, and other key updates from the Standards Council, which sets, maintains and enforces financial planning standards in the public interest. TORONTO, May 29, 2025 /CNW/ - The FP Canada Standards Council has released its 2024 Report, which provides an overview of activities and initiatives during the 2024 year. The Standards Council, which is a division of FP Canada™, sets the certification requirements for Certified Financial Planner ® professionals and Qualified Associate Financial Planner™ professionals in Canada. In addition, it maintains and enforces financial planning standards in the public interest, thereby fostering trust in the financial planning profession. The report provides an overview of complaint and disciplinary activity in 2024, along with updates on trends observed by the enforcement department and the independent panels that support the Standards Council. It also highlights recent developments related to certification paths and certification exams. Here are a few key highlights of the Standards Council's activities in 2024: Updates to the FP Canada Standards Council Standards of Professional Responsibility, including the addition of two new Rules of Conduct, a new Practice Standard, and comprehensive updates to all Practice Standards for relevance and clarity. The changes were approved by the Standards Panel in March of 2024 and took effect June 1, 2024. The publication of new guidance related to the withdrawal of services, and two Rule interpretation bulletins in connection with new Rules of Conduct introduced in June 2024. FP Canada and the Institute of Financial Planning in Québec each launched new paths streamlining the process for Certified Financial Planner professionals to earn the financial planning diploma required for the designation, and for designation holders to earn CFP ® certification. The paths help bolster the organizations' joint efforts to create national standards for professional financial planning. Ongoing engagement with more than 230 volunteers who contributed to activities such as exam development and scoring, maintaining the Standards of Professional Responsibility, and complaint screening and hearing panel activities. "In 2024, the FP Canada Standards Council focused on continuing to strengthen financial planning standards in the interest of all Canadians," said Damienne Lebrun-Reid, General Counsel and Head of the FP Canada Standards Council. "As the financial planning profession evolves, ensuring that ethical and professional standards continue to be relevant and clear supports CFP professionals and QAFP ® professionals in providing financial planning services in the public interest." View the full Standards Council 2024 Report on the FP Canada website. About FP Canada Established in 1995, FP Canada is a national not-for-profit education, certification and professional oversight organization working in the public interest. FP Canada is dedicated to championing better financial wellness for all Canadians by leading the advancement of professional financial planning in Canada. About the FP Canada Standards Council A division of FP Canada, the FP Canada Standards Council establishes and enforces financial planning standards, sets the certification requirements for professional financial planners and develops and delivers certification exams. The FP Canada Standards Council ensures that professionals certified by FP Canada―Certified Financial Planner professionals and Qualified Associate Financial Planner professionals―meet appropriate standards of competence and professionalism through requirements of education, exam, experience, and ethics.
Cision Canada
01-05-2025
- Business
- Cision Canada
Financial Planning Software Providers Leverage the Projection Assumption Guidelines from FP Canada™ and the Institute of Financial Planning to Support Financial Planners in Helping Clients
TORONTO, May 1, 2025 /CNW/ - Conquest Planning Inc., Snap Projections Inc., and Voyant Inc. are helping financial planners better assist their clients by leveraging guidelines that support the provision of long-term, bias-free financial projections. The financial planning software providers are incorporating the Projection Assumption Guidelines, which are jointly published by the FP Canada Standards Council™ and the Institute of Financial Planning and updated annually, into their software, which planners use when developing financial plans. "The Projection Assumption Guidelines are fundamental to the financial planning practice," says Ken Lotocki, Chief Product Officer at Conquest. "They play an important part in ensuring that the advice provided to the end client is based on informed assumptions, adding an extra layer of comfort and confidence." Leveraging the Guidelines and embedding them in financial planning software supports financial planners in developing financial planning projections and creating financial plans that help their clients realize their goals. "We're proud to partner with FP Canada and the Institute of Financial Planning to integrate their custom market assumptions into Voyant's core solution," says Dave Kaufman, CEO of Voyant. "This ensures advisors can deliver plans that support more engaging and confident conversations that enhance the client experience." Snap Projections President and CEO Pawel Brzemski further highlighted the importance of relying on sound assumptions—and the benefits it provides for clients. "The Projection Assumption Guidelines are the default at Snap Projections, providing a prudent, research-backed and unbiased baseline, helping advisors to set realistic expectations, foster client confidence, and ensure financial plans remain resilient," says Brzemski. The use of the Projection Assumption Guidelines also assists planners in meeting their professional responsibilities. "We are thrilled to see the adoption of the Projection Assumption Guidelines across Canada," says Damienne Lebrun-Reid, General Counsel and Head of the FP Canada Standards Council. "By facilitating the use of the Guidelines, Conquest Planning, Snap Projections, and Voyant are leveraging unbiased and reasonable long-term projections, the cornerstone of a strong financial plan. These software providers are supporting financial planners in providing clients with sound recommendations and advice to achieve long-term financial well-being." About FP Canada Established in 1995, FP Canada is a national not-for-profit education, certification and professional oversight organization working in the public interest. FP Canada is dedicated to championing better financial wellness for all Canadians by leading the advancement of professional financial planning in Canada.
Cision Canada
24-04-2025
- Business
- Cision Canada
FP Canada™ Recognizes Top Performers on the February 2025 CFP® Exam and QAFP® Exam
TORONTO, April 24, 2025 /CNW/ - FP Canada today announces the candidates who received the top scores on the February 2025 sittings of the Certified Financial Planner ® exam and Qualified Associate Financial Planner ™ exam. The following top-scoring CFP exam writers have earned a spot on the President's List. 1 st Place, CFP Exam—Aravind Sithamparapillai—Hamilton, ON (Aligned Capital Partners Inc.) 2 nd Place, CFP Exam—Reid Palmer—London, ON (Assante Capital Management Ltd.) 3 rd Place (tie), CFP Exam—Benjamin Elliot—North Vancouver, BC (RBC Dominion Securities Inc.) 3 rd Place (tie), CFP Exam—Cameron Smith—Burlington, ON (Investment Planning Counsel) The following top scorer on the QAFP exam has earned the QAFP Exam Award of Merit: 1 st Place, QAFP Exam—Yashmeen Saroye—North York, ON (Wellington-Altus Private Wealth Inc.) "I'd like to sincerely congratulate Aravind, Reid, Benjamin, Cameron, and Yashmeen for their exceptional performances on the CFP exam and QAFP exam," says FP Canada President and CEO Tashia Batstone. "We at FP Canada commend you on your success. We wish you all the best as you move forward in the financial planning profession." The CFP exam and QAFP exam are standardized national exams with questions focusing on specific elements of the FP Canada Standards Council Competency Profile for CFP Certification and the FP Canada Standards Council Competency Profile for QAFP Certification, respectively. The CFP exam is a six-hour exam consisting of both multiple-choice questions and case-based constructed response questions. The QAFP exam is a three-hour exam consisting of both standalone and case-based multiple-choice questions. The questions are created by practicing professional financial planners. FP Canada offers the CFP exam and QAFP exam in both English and French. Candidates who wish to sit during the next exam administration can register by logging into their FP Canada accounts. About CFP Certification Certified Financial Planner certification is the most widely recognized financial planning designation in Canada and throughout the world and is considered the gold standard for the profession. CFP professionals have demonstrated the knowledge, skills, experience and ethics to provide holistic financial planning strategies and solutions at the highest level of complexity required of the profession and work with their clients to build a financial plan so that they can Live Life Confidently™. CFP professionals in Canada are certified by FP Canada, a national, not-for-profit professional body working in the public interest. There are about 17,300 CFP professionals across Canada, part of an international network of more than 230,000 in 27 territories around the world. CFP certification has also been approved by the Financial Services Regulatory Authority of Ontario (FSRA) as a valid credential for individuals using the Financial Planner title in Ontario. About QAFP Certification Qualified Associate Financial Planner certification demonstrates a financial planner's competence and commitment to high ethical standards including putting their clients' interests first. Certification demonstrates professionals have the ability to offer holistic financial advice for today's speed of life. QAFP professionals have proven they have the knowledge, skills, experience and ethics to provide financial planning strategies and solutions for clients who are in the process of building their financial well-being. QAFP professionals are certified by FP Canada, a national, not-for-profit professional body working in the public interest. QAFP certification has also been approved by the Financial Services Regulatory Authority of Ontario (FSRA) as a valid credential for individuals using the Financial Planner title in Ontario. About FP Canada Established in 1995, FP Canada is a national not-for-profit education, certification and professional oversight organization working in the public interest. FP Canada is dedicated to championing better financial wellness for all Canadians by leading the advancement of professional financial planning in Canada.
