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900 gain certified financial planner qualification, says IFP

The Institute of Financial Planning has announced that 900 advisers have now obtained the certified financial planner licence, with that number expected to hit 1000 in Q1 2009.

The IFP says there are now 20 per cent more CFP professionals in the UK than there were a year ago and 50 per cent more than at the end of 2006.

It adds that the CFP certification is the only globally recognised mark of professionalism for financial planners.

Chief executive Nick Cann says: “Despite everything else happening at the moment, the growth in CFP professionals continues unabated and another significant landmark has been met. Whenever I speak to those planners who have reached this significant goal, they tell me that it is without doubt one of the most challenging tests that they have undertaken but definitely the most rewarding.

“For many this then forms the basis of how they start to enhance their client proposition and really start to add value to what they do. Congratulations to all that have passed during 2008.”

IFP president Barry Horner says: “It’s a fantastic achievement that the growth in the number of CFP professionals is still gaining momentum. CFP certification sets licensees apart from their peers and lets consumers know that they are dealing with an expert, objective, ethical and trusted financial planner. I can only see the numbers continue to rise from here.”

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