 "Illustration: Binay Sinha")
US-based Financial Planning Standards Board (FPSB), the authority for providing financial planning education worldwide, has decided not to renew its licensing agreement with FPSB India, putting a question mark over the future of hundreds of certified financial planners (CFPs) in India.
FPSB has found evidence of financial impropriety with FPSB India and was not happy with the way the CFP certification was promoted in India over the years, sources in the know said.
The agreement between FPSB and FPSB India expires on March 31, 2020.
FPSB enters into licensing and affiliation agreements with non-profit organisations, or their equivalent around the world, authorising them
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