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UnCANNed – Nick’s Pick of the News
UnCANNed is a regular but light-hearted feature brought to you from Nick Cann, CEO, at the IFP. Well known for his forthright views and straight talking, UnCANNed is Nick’s new weekly update bringing you his thoughts on a topical Financial Planning issue in true Nick Cann style. Want to be notified when the next UnCANNed has been published? Simply fill in the subscription box below. Blog #40 - To be sure to be sure - 06/11/2009
I have spent the last week in Dublin at the International FPSB Council meeting and as usual in addition to some excellent business meetings; there has also been a tremendous amount of craic as they say over here. It seems that you can’t go anywhere in Dublin without a Guinness or a Jamesons and you just can’t avoid live music. The challenge therefore is to remember the following morning what you did the day before and whether in fact they played any songs other than “Wild Rover” or “Molly Malone”. There were approximately 30 countries gathered together and it is amusing to watch the behaviour of all. Most spend the first couple of days discussing the flight over and the last day or so discussing when they are going to leave. In between, we discuss the weather and the amount of rain in Ireland and, you will be pleased to know, the common language of Financial Planning and in particular the CFP certification programme and standards. There are some great characters at the meetings. One of the things that amazes me every time is the excellence with which all the delegates are able to take a full role in the meetings when English is for most at least their second language. The Irish hosts were superb as might be expected and we only had Riverdance twice and I only had to participate once. I only wish that I had brought my proper shoes. What is impressive about the FPSB is the calibre of individuals that represent their countries. There are 23 countries affiliated to the FPSB and at the meeting we signed off on all the global standards. The FPSB is 5 years old in December and the progress has been superb. When I reflect on the current RDR discussions in the UK the FSA and other groups could learn a lot from the structure and workings of the FPSB. It was great that the FSA was able to be at our meeting to share with the global community what is happening with RDR and the impact that it will have on the UK market. For some countries, regulation is only just starting so the thought of what the UK is going through is hard to think about. Missed bonfire night because they don’t have it over here but will be glad to get home later to see the family before another busy diary next week. I am looking forward to getting down to Southampton to participate in “big” Ben Rouse’s first meeting on Monday and then up to the Midlands on Tuesday night to speak at the Cellar Club. Plenty to report back on next week. My new PA Jenna starts on Monday so that will mean a change even though Amy still has a week left and a leaving do to have first. I am looking forward to Wales beating New Zealand tomorrow and a nice lie in on Sunday to recover from the extraordinary week in Dublin. I hope that you all have a good weekend too.
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are certification marks owned outside the U.S. by Financial Planning Standards Board Ltd. Institute of Financial Planning is the marks licensing authority for the CFP marks in the United Kingdom, through agreement with FPSB.