It is one of the initiatives laid out for this year's Financial Planning Week
The Financial Planning Standards Council (FPSC) will kick off its ninth annual Financial Planning Week across Canada on 19 November.
As part of the country's financial literacy month, the event is dedicated to raising awareness on the importance and benefits of financial planning with a qualified professional and to encourage Canadians to take control of their financial future.
FPSC president and CEO Cary List said this is particularly important since a research commissioned by the council revealed that Canadians do not feel secure about their financial future.
"During Financial Planning Week, we educate consumers on the benefits of receiving professional advice and encourage them to take control of their finances by enlisting the help of a Certified Financial Planner professional," List said.
FPSC created the week-long celebration in 2009. Since then, the initiative has grown steadily, with the Institut québécois de planification financière (IQPF) joining forces to create a Canada-wide initiative celebrated annually in the month of November.
One of the anticipated events this year is the Celebration of the Profession Reception and Dinner where Ontario Minister of Finance Charles Sousa will discuss the government’s response to the Final Report of the Ontario Expert Committee to Consider Financial Advisory and Financial Planning Policy Alternatives.
Other events that will take place during the course of the week include a panel discussion that will tackle difficult ethical decisions and challenges that often occur in practice, as well as a symposium that will talk about the different technologies planners can take advantage of.
For more of Wealth Professional's latest industry news, click here.
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As part of the country's financial literacy month, the event is dedicated to raising awareness on the importance and benefits of financial planning with a qualified professional and to encourage Canadians to take control of their financial future.
FPSC president and CEO Cary List said this is particularly important since a research commissioned by the council revealed that Canadians do not feel secure about their financial future.
"During Financial Planning Week, we educate consumers on the benefits of receiving professional advice and encourage them to take control of their finances by enlisting the help of a Certified Financial Planner professional," List said.
FPSC created the week-long celebration in 2009. Since then, the initiative has grown steadily, with the Institut québécois de planification financière (IQPF) joining forces to create a Canada-wide initiative celebrated annually in the month of November.
One of the anticipated events this year is the Celebration of the Profession Reception and Dinner where Ontario Minister of Finance Charles Sousa will discuss the government’s response to the Final Report of the Ontario Expert Committee to Consider Financial Advisory and Financial Planning Policy Alternatives.
Other events that will take place during the course of the week include a panel discussion that will tackle difficult ethical decisions and challenges that often occur in practice, as well as a symposium that will talk about the different technologies planners can take advantage of.
For more of Wealth Professional's latest industry news, click here.
Related stories:
Why it’s time for Canadians to ditch home biases
Are Canadian investors ready to hedge their bets?