New Codes and Standards Redefine Certified Financial Planner

New Codes and Standards Redefine Certified Financial Planner

With the introduction of an updated code of conduct, holders of the Certified Financial Planner (CFP) designation will now have to adhere to stricter rules when offering financial advice. These new standards, agreed to by the CFP Board on March 29, 2018 and slated to go into effect on Oct. 1, 2019, redefine Certified Financial Planner and financial planning for CFPs under the paradigm that they must act in the …