Mark Rantall

Financial Planning Standards Board Ltd. (FPSB), owner of the international CERTIFIED FINANCIAL PLANNER certification program, will hold a global meeting of its member organizations in Sydney from 23-25 October. The Financial Planning Association of Australia (FPA), which was the first organization to administer CFP certification outside of the U.S. beginning in 1990, will host FPSB and its member organizations from 24 territories for a two-day session that will focus on strategies to lead the financial planning profession.

“As the organization with the fifth largest population of CFP professionals in the world, FPA is pleased to welcome FPSB and its member organizations to Australia,” said Mark Rantall, CFP, CEO of FPA. “The meeting comes at a significant time for financial planning in Australia, as FPA works toward enshrinement of the term “financial planner” in law. Many of FPSB’s Members are also experiencing shifting macro-economic and regulatory environments, so we will have much to discuss as we look to grow the base of CFP professionals globally,” he added.

Peter Kell, deputy chair of the Australia Securities and Investments Commission (ASIC), is scheduled to address the group at a dinner on Wednesday, 23 October, and will provide insights into ASIC’s view of the Australian financial services marketplace and the role financial planning and CFP certification has to play. FPSB, which became an affiliate member of the International Organization of Securities Commissions (IOSCO) last year, will also discuss in Sydney how FPSB and FPSB Members can partner with regulators on oversight of the financial planning profession.

Representatives from FPSB’s Board of Directors and FPSB Members will also attend the FPA Professionals Congress, which takes place in Sydney from 17-18 October.

“We are pleased to bring FPSB’s international meeting to Sydney, where FPA continues to play a leading role in the global financial planning profession,” said FPSB CEO Noel Maye. “I want to thank Mark Rantall and FPSB Chairperson Steve Helmich, director of advice and client solutions at AMP, for their commitment to FPSB’s mission and for working so diligently with CFP professionals, firms and regulators to help put consumers in Australia in control of their lives through the use of personal financial planning.”

FPSB benefits the public by establishing, upholding and promoting worldwide professional standards in financial planning, and partners with organizations like FPA to offer CFP certification around the world. During the meeting in Sydney, FPSB Members will evaluate appropriate policies and professional standards for a profession, discuss the organization’s long-term strategy, developed in 2010, to sharpen focus for the next two to three years, and share best practices and trends. FPSB’s vision to establish financial planning as a distinct global profession, with the CFP marks its symbol of excellence, will guide discussions throughout the meeting.

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