The Financial Planning Standards Board (FPSB) is a globally recognized non-profit organization responsible for establishing and upholding professional standards for the financial planning profession. It serves as an authoritative body, ensuring adherence to ethical principles and competency requirements among financial planners worldwide.
At the heart of FPSB’s mission is the goal to benefit the global public through the promotion and enforcement of professional standards for financial planning. By setting consistent standards, FPSB aims to foster consumer confidence, safeguard the public interest, and uphold the highest levels of professionalism, integrity, and competence within the financial planning industry.
One of the core initiatives undertaken by FPSB is the development and maintenance of the prestigious Certified Financial Planner (CFP) certification program. The CFP certification is recognized globally as a symbol of excellence in financial planning. It signifies that a financial planner has successfully met rigorous criteria in education, examination, experience, and ethics.
In addition to the CFP certification, FPSB offers specialized professional designations and certifications tailored to specific regions or jurisdictions. These designations demonstrate a high level of expertise in areas such as retirement planning, investment management, or tax planning, further enhancing the professionalism and credibility of financial planners.
Collaboration with member organizations worldwide is a key aspect of FPSB’s work. Together, they promote the adoption and implementation of FPSB’s standards, fostering continuous professional development and encouraging financial planners to stay abreast of the latest knowledge and best practices in the field.
The appointment of Krishan Mishra as the CEO of FPSB India signifies a significant step towards strengthening the financial planning profession in the country. With his extensive leadership background and experience in the education and professional sectors, Mishra will lead FPSB India in driving strategic initiatives, fostering growth, and elevating the standards of financial planning within the Indian context.
FPSB India, as the subsidiary of FPSB, will work in close coordination with the parent organization to ensure alignment with global standards. This collaboration will contribute to the advancement of the financial planning profession in India and reinforce its importance in facilitating individuals’ financial well-being and achieving long-term financial goals.