The Institut québécois de planification financiére (IQPF) is now supporting the Financial Planning Foundation (FP Foundation), an organization dedicated to financial planning research.
Speaking at the Financial Planning Vision 2020 Symposium, Stefanie Linton, executive director, FP Foundation, said the IQPF’s participation will include participation on the board of directors and a financial contribution.
“IQPF has always believed in investing in financial planning research,” said Linton, “and have long been supporters of promoting the importance of financial planning,
As well, the foundation has been renamed the Financial Planning Foundation from the FPSC Foundation to better reflect its inclusiveness of all Canadians, said Linton.
The three main areas of research for the foundation include: studying the best practices in financial planning decision making; behavioural research measuring human behaviour on effective financial planning; and the societal benefits of financial planning.
Linton says the goal of the foundation is “to create a bank of unbiased research for the entire financial planning industry.”
The foundation was originally formed through the Financial Planning Standard Council’s (FPSC) board members in 2009. Although formed by the FPSC board, the organization is a separate entity from the FPSC.
Recent research conducted by the FP Foundation includes the FPSC’s Value of Financial Planning longitudinal study, results of which were first released in 2012.