John De Goey CFP, says in his recently published book, The Professional Financial Advisor II, "There are financial service professionals out there that simply don't want to have a conversation with their clients about how they're getting paid, how much they're getting paid, and how much their advice is worth." Care to discuss it? De Goey will be a guest host on the FPSC Discussion Forums from October 10-November 10. You can access the forum from a special link on the CFP Professionals' home pagee on Tuesday October 10.
John will also be a guest on Michael Landsberg's "Off The Record" on TSN on Tuesday, October 17th at 6:00 PM.
Submit your nomination for the 2007 Donald J. Johnston Award for Outstanding Contribution to the Profession of Financial Planning in Canada (Donald J. Johnston Award) by the end of November at www.cfp-ca.org/djaward. Nominees should be individuals or a group who are making or have made significant contributions to the financial planning profession in Canada through a unique achievement or outstanding service.
The annual Donald J. Johnston Award honours in perpetuity, the spirit, imagination, dedication and contribution exemplified by FPSC's founding CEO, who was the first recipient of the award that bears his name. As part of the award, FPSC donates $10,000 to the charity of the annual recipient's choice.
Visit www.cfp-ca.org/djaward for more information and/or to submit a nomination.
In the October Feature Article, "Charitable Giving: A Win-Win Situation," Marc Andre Castonguay CFP, discusses using life insurance and securities to further your philanthropic endeavours. "…there are other financial instruments that are eligible for the charitable donations tax credit and offer additional advantages."
For the November Feature, we are looking for articles that discuss the concept of financial fom at age 55 (fom 55) and whether it is achievable. The deadline for submissions is Monday, October 23.
For December, we are looking for articles that offer year-end tax strategies. The deadline for submissions is Monday, November 20.
Submit articles to Blake Glendenning at bglendenning@cfp-ca.org.
Read the Feature Article Submission Guidelines.
Learning Centre is an online resource for consumers seeking relevant and unbiased information on issues relating to the management of personal finances. Organized by topic, it's where FPSC posts articles, a digest of books and links to other useful websites all to do with some aspect of financial planning. It's a great place to direct your clients.
Eighty-eight per cent (88%) of the 5,000 respondents to a Canadian Securities Administrators survey believe having a financial plan is important, but over half (58%) don't have one. This is just one of many interesting points revealed in the recently released survey of Canadians' investor knowledge and skills, their understanding of and experience with fraud, and their awareness of securities regulators and expectations of them.
To read the complete survey results, visit the CSA website at www.csa-acvm.ca/pdfs/CSA_Investor_Index_October_3.pdf.
CFP ambassadors continue to showcase the breadth and depth of the CFP community's expertise and knowledge. Whether it be in print, on radio or television, CFP ambassadors over the past two months have provided expert commentary on financial planning for newlyweds, managing your budget, planning for a cottage inheritance, and many other topics.
Please continue to tell us of your participation in media interviews (outside of those we arrange) so we can acknowledge your efforts and celebrate your success.
Highlights of CFP professionals' media coverage include:
Advisor.ca
Tina Tehranchian
Interviewed for article on gender differences - financial planning.
Barrie Examiner
Carl Klug (CFP candidate)
Profiled as a result of earning a spot on the CFP President's List for outstanding achievement on the November 2005 Examination.
CH TV (Hamilton)
Mark Halpern
Interviewed for story on aging parents. Additional segments planned for the coming months.
Canadian Press (CP)
Mark Halpern
Interviewed for a feature on mortgage insurance vs. life insurance. The CP article has since appeared in at least 15 papers across Canada.
Caribou Press (Smithers, B.C.)
David Webster
Profiled as a result of earning a spot on the CFP President's List for outstanding achievement on the November 2005 Examination.
Chum Radio (Toronto)
Peter Andreana
Interviewed for two segments on back to school and managing your budget.
The Globe and Mail
David Cooper and David Phipps
Interviewed for an upcoming feature special on investing/diversification strategies.
Glow Magazine
Tina Tehranchian
Interviewed for article on financial planning for women.
Investment Executive
Tina Tehranchian
Interviewed for article on investing for growth and income.
Bradley Roulston
Interviewed for an article on team training.
Toronto Star
Bradley Roulston
Interviewed for an article in a special report on insurance.
Roger's Television
Tina Tehranchian
Appeared on "Careers in York" discussing financial planning as a career.
Vancouver Sun
Erika Penner
Interviewed for an article on financial planning issues for newlyweds. The feature was picked up by at least nine other papers across Canada.
Michael Thorne
Interviewed for an article on planning strategies for inheriting the cottage with siblings. The article has since run in at least 12 other papers across Canada.
Promote yourself and your community of CFP professionals using our "congratulatory page" to announce your CFP certification. Go to www.cfp-ca.org/congratulations.asp and enter the e-mail addresses of friends, family, clients, employers, colleagues and anyone else you think should know what your CFP credential says about you. FPSC will send this e-mail to them on your behalf:
Find out about the many steps (Your Name), CFP® Professional, has taken and will continue to take to serve you and your community with the highest standards of competence and ethics in financial planning.
Visit: http://www.cfp-ca.org/staging/congrats_splash/licensees_newcfp.htm.
When recipients of this announcement visit the above page, they will view a message from acting FPSC President Cary List explaining your achievement in and commitment to professionalism in financial planning through CFP certification.
