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IS THE RETIREMENT LANDSCAPE CHANGING?

CFP PROFESSIONALS AVAILABLE FOR COMMENT

Toronto, February 8, 2006 — With mandatory retirement being phased out in many provinces and a growing rank of entrepreneurs writing their own career ticket, an increasing number of Canadians are shunning traditional retirement. They are working longer, launching new careers or consulting part-time. In addition, a recent online survey conducted by Ispos Reid for BMO suggests a growing number of people are looking at their retirement savings strategies differently — considering monthly needs instead of annual lump sum requirements.

How does that impact their financial and retirement planning picture? What are CFP professionals experiencing in their practices, and what are they advising their clients?

GOT QUESTIONS? WE HAVE ANSWERS.

We can put you in touch with a community of experts from across the country who can answer these and other questions related to retirement - and other financial planning matters.

Nearly 17,000 individuals in Canada have earned CFP® certification. This expert community of financial planning professionals spans the country and all the financial services sectors. Qualified to provide financial planning advice, CFP professionals can answer questions on topics related to retirement, investment, insurance, tax and estate planning, education savings, budgeting and more. Many have specializations including financial planning for life transition, divorce settlements, gay unions, charitable giving, elder care, alternative investing, and others.

Financial Planners Standards Council (FPSC) is a not-for-profit organization established in 1995 to foster professionalism in personal financial planning. FPSC develops and enforces the highest standards in financial planning competency and ethics for individuals who hold the CFP® (CERTIFIED FINANCIAL PLANNER®) in Canada. There are currently almost 17,000 CFP professionals in Canada and more than 94,000 individuals who have earned CFP certification in 18 countries around the world. See www.cfp-ca.org for more information.

Please visit our media kit online to learn more about the CFP certification and financial planning at: www.cfp-ca.org/media/media_mediakit.asp or visit the FPSC website for further information: www.cfp-ca.org.

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Media Contacts:
Eileen Chadnick/Chadnick Communications for FPSC at 416.631.7437 or e-mail eileen@chadnick.com or Reed Hilton/FPSC at 416.593.8587 ext. 235 or e-mail rhilton@cfp-ca.org.