Credentialing Bodies Approved for Financial Planner and Financial Advisor Title Use in Ontario
On April 11, 2022, FSRA announced the approval of two Credentialing Bodies, FP Canada and the Institute for Advanced Financial Education (“IAFE”), the latter of which is a subsidiary of Advocis. Individuals using the Financial Planner or Financial Advisor title in Ontario and have the CFP, QAFP, CLU or PFA credential, are now compliant with the new the Financial Professionals Title Protection Framework and can use these titles. The annual cost for individuals using the titles has not been disclosed at this time. Also, FSRA will host a webinar on April 21, 2022, to provide details and answer questions on the FPTP Framework.