AFA to launch its own CFP
 
 
                                     
                                                                                                                                                        
                            Richard Klipin
The Association of Financial Advisers (AFA) is preparing to launch its own version of the Financial Planning Association’s (FPA) Certified Financial Planner (CFP) designation.
The designation is called Fellow Chartered Financial Practitioner (FChFP) and is provided by the Asia Pacific Financial Services Association, of which AFA is affiliated.
AFA will provide the pathway for its members to access FChFP — a goal that the association has been discussing for more than a year.
AFA chief executive Richard Klipin describes the designation as the “highest recognition a member can get”.
He said it reflected the association’s approach to education, encompassing formal qualifications, peer to peer learning, and ongoing training and experience.
AFA will undergo a campaign of launching FChFP, firstly to members, then to the wider advising community and finally to consumers.
Recommended for you
The top five licensees are demonstrating a “strong recovery” from losses in the first half of the year, and the gap is narrowing between their respective adviser numbers.
With many advisers preparing to retire or sell up, business advisory firm Business Health believes advisers need to take a proactive approach to informing their clients of succession plans.
Retirement commentators have flagged that almost a third of Australians over 50 are unprepared for the longevity of retirement and are falling behind APAC peers in their preparations and advice engagement.
As private markets continue to garner investor interest, Netwealth’s series of private market reports have revealed how much advisers and wealth managers are allocating, as well as a growing attraction to evergreen funds.
 
							 
						 
							 
						 
							 
						 
							 
						

 
							