Financial Planning Standards Board India on Monday announced that it has signed a pact with the International Financial Services Centres Authority (IFSCA), GIFT City, Gandhinagar, to promote GIFT IFSC as a 'Global Finance Hub'. FPSB India and IFSCA aim to enhance the financial market ecosystem and nurture skilled professionals for GIFT City's expanding financial workforce, the company said in a statement. Both organisations will jointly organise international and domestic events to raise awareness and establish GIFT IFSC as a 'Global Finance Hub', the statement added. Some key highlights of the Memorandum of Understanding (MoU) include talent pipeline support, ecosystem development, promotional activities and research collaboration. FPSB India is the leading financial planning body in India and is dedicated to establishing, upholding, and promoting professional standards in financial planning across the country.
FPSB India will offer 5 scholarships to students, working professionals to become certified financial planner
In his new role, Krishan Mishra will lead the strategy and operations of FPSB India and champion the advancement of the financial planning profession in India
Besides banking correspondent services through tie-ups with banks, the shops will be allowed to sell other commodities and general store items
According to experts, renewal of certification through CPE points is a globally accepted norm
FPSB India is promoted by 44 financial services organisations and is the licensing authority for CFP marks