Number of UK CFPs doubles since 2006

clock

The number of certified financial planners (CFPs) in the UK has doubled in less than three years, according to the Institute of Financial Planning (IFP).

The Institute says the UK is on track to pass 1,000 CFPs by the end of the year, with numbers climbing 20% during 2008 and 50% since the end of 2006. It adds the percentage growth of UK CFPs is higher than the percentage growth across the world, in which there are now almost 120,000 CFPs, double the figure since 2001. According to the Financial Planning Standards Board (FPSB), which owns the CFP, there were 118,506 certified individuals across the globe at the end of 2008. Statistics also show the majority of CFP professionals (59,676) are now doing business outside of the United Stat...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

PA360: Advisers urged to harness TikTok as attention spans decline

PA360: Advisers urged to harness TikTok as attention spans decline

'I can see attention spans massively decreasing in the next few years’

Sahar Nazir
clock 26 April 2024 • 1 min read
PA360: Firms must ditch shortcuts to 'organically build team culture'

PA360: Firms must ditch shortcuts to 'organically build team culture'

Firms urged to ‘take time and understand what matters to advisers’

Sahar Nazir
clock 26 April 2024 • 2 min read
Feel Good Friday: Belmayne donates hi-vis vests to primary school

Feel Good Friday: Belmayne donates hi-vis vests to primary school

To help improve the safety of Bradway Primary School’s youngest pupils

Professional Adviser
clock 26 April 2024 • 1 min read