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These profiles outline the core knowledge, skills, and abilities required of these professionals and replace the previous FP Canada Standards Council Competency Profile.
Additionally, the Standards Council conducted a review to ensure alignment between the Financial Planning Standards Board’s Global Financial Planning Standards and the FP Canada Standards Council’s Competency Profile for CFP Professionals and Standards of Professional Responsibility.
The Standards Council engaged exam development volunteers through its Exam Panels, involving activities such as mock exam writing and the creation of new exam cases and questions.
It also delivered continuing education programs and events to support financial planners in meeting their professional and ethical obligations, including activities during Financial Planning Week and the second annual Dialogue event.
“In 2023, the Standards Council remained committed to supporting CFP professionals and QAFP professionals in meeting their ethical and professional responsibilities,” said Damienne Lebrun-Reid, vice president Standards, Certification and Enforcement and head of the FP Canada Standards Council.
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