Is Financial Planning a growing field?
As the pace of economic reforms is being sustained in the country, enormous business opportunities are being created for banks, mutual funds, insurance companies and other financial service providers. Considering the fact that people’s incomes are on the rise, they are seeking guidance to invest their surplus money in the right avenues to reap the optimum benefits. As a result financial markets and investment opportunities have opened up in India. Hence, people are rapidly recognising the need for professional and well-regulated advisory services. Consequently, SEBI, IRDA, AMFI and other bodies have been certifying professionals to ensure investor protection. The future, therefore, promises well for this industry. TOP How is the Certified Financial PlannerCM professional education program going to help me? The Certified Financial Planner (CFPCM) Certification is the highest level of professional endorsement, offered by the FPSB India. Worldwide, in order to provide financial advisory s
Yes, the dramatic growth of this field internationally shows just how valuable and much needed this profession is. With improved health care allowing people to live longer and the post-liberalization boom and the attendant profusion of choice will lead many people to seek professional help to manage their finances. As India’s population ages, people are also becoming much more aware that their retirement security and comfort will depend more on them and their Financial Planning efforts, than on government welfare benefits. Financial Planning then is a dynamic growth profession in which strong careers can be established.
