TITLE

The Fiduciary Factor: Creating a Universal Standard of Care

AUTHOR(S)
Neill, Robert
PUB. DATE
November 2007
SOURCE
Journal of Financial Planning;Nov/Dec2007 Supplement, p24
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses proposed changes to the standards of conduct of the Certified Financial Planner Board of Standards, Inc. An initial draft of changes would have allowed those with a Certified Financial Planner (CFP) certification to "opt out" of a fiduciary standard when lawfully permissible. Responding to concerns of the Financial Planning Association (FPA), a revised draft tightens up the fiduciary requirement. The FPA itself actively works on developing a universal standard of fiduciary care for the profession.
ACCESSION #
27518330

 

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