Financial Planning Standards Council

Financial Planning Standards Council

September 30, 2010 11:19 ET

Story Ideas for Financial Planning Week (October 4-10)

TORONTO, ONTARIO--(Marketwire - Sept. 30, 2010) - Financial Planning Standards Council (FPSC) has declared October 4-10 as Financial Planning Week as part of an ongoing campaign to make financial planning more a part of Canadians' lives. The goal of the Week is to raise awareness of the importance of financial planning and provoke a call to action to all stakeholders so that we can enhance financial planning throughout Canada, for the benefit of all Canadians.

Be part of the conversation. Here are some story ideas to consider. 

FPSC executives and Certified Financial Planner (CFP®) professionals available for interviews.

Happiness and financial planning – is there a connection? FPSC's Value of Financial Planning Study found compelling evidence that individuals with comprehensive financial plans report higher levels of emotional and financial wellbeing. They also report greater peace of mind and confidence in meeting more of their life goals. Learn more about the results and implications for Canadians seeking greater levels of financial and emotional wellbeing.

Canadians lose ground on the savings front – but one group stands out. What's their secret? Recent reports have revealed that, for the first time since the early 1970s, Canadians' savings habits are lagging those of our American counterparts. Yet, as debt levels soar, there is one group that stands out. Who are they, and what is their secret? On October 4 FPSC will share additional findings from its Value of Financial Planning Study. Learn more about what the Study means for Canadians and their financial wellbeing.

Top 10 questions to ask before hiring a financial planner: Financial literacy is increasingly important as Canadians continue to grapple with economic uncertainty and reports of financial scandals. More than ever, Canadians need trustworthy financial advice and guidance. But buyer beware: in most provinces anyone can call themselves a financial planner. How do you know who is qualified? Whom you can trust? Who has the required competence and ethical commitment? FPSC can provide guidance (see release here) and has identified the Top Ten Questions to ask before hiring a planner, and can provide further insight and comment on what to know and what to ask.

Myths and mistakes: One of the myths of financial planning is that it's all about tomorrow and involves making sacrifices today. Financial planning involves developing a myriad of strategies which help people accomplish life goals, and meet needs and wants throughout all life stages. Learn more from the front line of CFP professionals who can share the most common financial planning myths and the most frequent mistakes that Canadians make - what can they can do differently to achieve greater financial and emotional wellbeing?

Is financial planning ready to be a profession? And why should you care? On October 6, industry professionals from Canada, U.S, U.K and Australia will gather at Financial Planning Week Vision 2020 Symposium to discuss the most critical issues facing the financial planning profession today. What will it take for the industry to become a respected profession? What is the duty of care that financial planning professionals need to uphold? And why should Canadians care that this conversation is even happening? FPSC executives are available to share insights from the global conversation, and what it means for Canadians and their personal financial wellbeing.

Kids and money: Only two out of ten Canadian adults engage in comprehensive financial planning. The rest are lagging behind - more than half of those without a financial plan report to 'barely get by' each month. Teaching positive financial habits needs to start at a young age. What can parents and schools do, to start kids off on the right track?

HAVE ANOTHER IDEA? Get in touch and we'll do our best to put you in touch with the right people with expert insight to support your stories during Financial Planning Week and year-round.

Stay up-to-date with Financial Planning Week! Look for updates on Financial Planning Week 2010 at / Twitter @FPWeek, and join us on the LinkedIn and Facebook group pages for Financial Planning Week in Canada.

Contact Information

  • To Arrange Media Interviews or for Further Information,
    Chadnick Communications (for FPSC)
    Eileen Chadnick
    Heather Mills
    416.593.8587 x 235