Certified Financial Planner IFPHK
In the past 10 years, Hong Kong's financial market has experienced ups and downs, with changes leading to new and different demands on the financial planning industry.
To keep up with market shifts, the Institute of Financial Planners of Hong Kong (IFPHK) has decided to review its Certified Financial Planner (CFP) certification, which is considered the gold standard in the industry.
The institute is the sole licensing body authorised by the Financial Planning Standards Board to grant the CFP qualification in Hong Kong and Macau, and its goal is to maintain professionalism and gain consumer confidence.
'The review is to ensure the CFP certification stays current and continues to be relevant to the clients' needs,' says Eleanor Wan, CEO of IFPHK. 'It has been 10 years since its introduction and there is definitely a need for adjustments.
'In April 2010, we conducted a survey among people with CFP certificates and the results indicated there was a strong demand for raising the knowledge, skills, standards and professionalism of financial planners.'
As a result, a steering committee of independent consultants and senior executives from the financial planning industry was formed to review the certification.
