Financial planning is more than budgeting, saving or having the perfect investment strategy. Financial planning is a process that sets you on a course toward achievement of your personal goals, needs and priorities through the proper management of your financial affairs.
Canadians who engage in comprehensive financial planning report significantly higher levels of financial and emotional well-being than those who do limited planning or no planning at all. People with comprehensive plans say they feel more on track with their financial goals and retirement plans, have improved their ability to save, are more confident that they can deal with financial challenges in life, and feel better able to indulge in their discretionary spending goals.
Sounds pretty good, right? Let’s get started! Use this website to help you find useful, actionable information.
In Life Happens, we deal with the often messy reality of our day-to-day lives. Whether you are trying to minimize stressors or your life has taken an unexpected turn in the form of a layoff, death of a loved one or the reality of divorce, you are not alone. Let others share their stories and advice to help guide you on a path to financial confidence.
In Here’s the Plan™, we’ll help you take positive planning action with information, infographics and videos that will help arm you with everything you need to take the next step. Your choice of financial planner matters because your financial planner has the potential to directly affect your financial well-being, today and in the future. Yet in most Canadian provinces, there is no legislated standard in place for those who offer financial planning services. With the exception of Quebec, people who call themselves financial planners are not required to obtain any credentials whatsoever.
Does that surprise you? In Make Your Voice Heard, you’ll have a chance to find out more about this important consumer protection issue. Canadians should be able to feel confident that they are getting financial planning advice from someone they can trust, and provincial governments are starting to listen. Watch our video to learn more about this issue and share with those you care about so that everyone’s voice can be heard.
Here’s the Plan NewsletterSubscribe to our free bi-monthly newsletter, Here’s the Plan. Every issue includes our selection of actionable tips to help you prepare for life events and bring you closer to your life goals. Here's a sample.
Video: lIFE'S better with a certified financial planner® professional
When it comes to managing their finances, consumers are struggling. They’re not highly confident, don’t stay on track, fail to achieve goals and most don’t have a financial plan. We know this because of global research that was commissioned by the Financial Planning Standards Board in partnership with FPSC, involving over 19,000 adults in 19 different countries, including over 1,000 in Canada.
Financial Planning Standards Council is a not-for-profit organization that develops, promotes and enforces professional standards in financial planning through CERTIFIED FINANCIAL PLANNER certification. FPSC is dedicated to driving value and instilling confidence in financial planning. As a standards-setting and certification body, FPSC ensures CFP® professionals and FPSC Level 1® Certificants in Financial Planning meet appropriate standards of competence and professionalism through rigorous requirements of education, examination, experience and ethics. There are approximately 17,000 CERTIFIED FINANCIAL PLANNER professionals across Canada, part of an international network of more than 160,000 CFP professionals in 26 territories around the world.