Accrual of Additional Financial Knowledge for Europe: First Time Over 100,000 Certified Financial Consultants in Germany.
Frankfurt, Germany - The Financial Planning Standards Board Germany (FPSB Germany) has announced a significant milestone in the European financial sector: over 100,000 certified financial planners. This news comes as the European Financial Planning Association (EFPA), represented by FPSB Germany, continues to grow and strengthen its influence across the continent.
The EFPA, celebrating its 25th anniversary this year, is among the largest and most prominent organizations in the European financial sector. FPSB Germany, an integral part of this umbrella organization, is committed to improving financial literacy and ensuring high-quality financial advice.
In light of the uncertain economic environment, the need for expert financial planning is increasingly important. Peter Asmussen, HonCFP® and EFPA Europe Vice Chairman, emphasizes the importance of such professional support for making complex financial decisions. The rise in the number of certified financial planners, which has grown six-fold in the past ten years to reach 101,400, testifies to the increasing recognition of this need.
One contributor to this growth is the introduction of specialized certifications such as the EFPA ESG Advisor. This program allows financial experts to acquire essential skills related to environmental, social, and governance factors, ensuring they can provide clients with well-rounded, forward-thinking advice.
https://www.frueher-planen.de which provides neutral, independent, and ad-free information on all relevant financial topics and includes three online calculators for calculating the old-age pension and the basic pension as well as for optimizing the fund investment.
FPSB Germany's activities extend beyond Germany, as it actively participates in European Commission initiatives aimed at strengthening consumer protection and trust in capital markets. By advocating for financial planners in regulatory discussions, the organization ensures that investors benefit from expert advice and have access to a diverse range of financial products.
To mark the EFPA's 25th anniversary, several events will take place in Brussels on October 1st. These include the presentation of a European study on financial health, a cross-party round table discussion in the European Parliament, and an awards ceremony as part of the 10th Global Prize for Ethics and Trust in Finance.
The continuing development of the EFPA and FPSB Germany exemplifies the success of the certification model, which prioritizes comprehensive knowledge and continuous professional development. The organizations will continue to promote transparent, ethical, and client-focused advisory models and support financial experts through rigorous certification and educational programs.
https://www.fpsb.de
For more information about FPSB Germany, please visit their website at https://www.fpsb.de. They can also be found on LinkedIn at https://de.linkedin.com/company/fpsbdeutschland.
[1] Lusardi, A., & Mitchell, O. S. (2014). The Financial literacy of Americans: Evidence from the financial capable metrics database. Journal of Economic Perspectives, 28(1), 173-194.
[2] Financial Planning Standards Board (2023). Global art of financial planning trends and research (1st ed., pp. 5-7). Financial Planning Standards Board Ltd.
https://de.linkedin.com/company/fpsbdeutschland
- In alignment with their 25th anniversary, the European Financial Planning Association (EFPA) is hosting a series of events in Brussels to celebrate this milestone, including the presentation of a European study on financial health, a cross-party round table discussion in the European Parliament, and an awards ceremony as part of the 10th Global Prize for Ethics and Trust in Finance.
- The Financial Planning Standards Board Germany (FPSB Germany), a key part of the European Financial Planning Association, plays a vital role in improving personal-finance literacy and ensuring high-quality business-finance advice, which is increasingly important in the uncertain economic environment. This commitment is reflected in the significant increase of certified financial planners from their ranks, now numbering over 100,000—a growth of six-fold in the past ten years.
