A Letter of Guidance and Advice may be issued by the Conduct Review Panel where the Panel has concerns about a certificant’s conduct but determines that a remedial approach, is appropriate in the circumstances, through the issuance of guidance. Letters of Guidance and Advice do not reflect a finding of professional misconduct. All Letters of Guidance and Advice are anonymized and published on FP Canada’s website to provide notice to certificants and the public regarding the type of conduct that is a concern to the Conduct Review Panel.
In December 2018, the Conduct Review Panel published a notice on Taking Instructions from a Third Party, to remind FPSC certificants of their professional obligations and provide additional guidance on handling individual and joint client relationships.
In the Fall 2016 issue of the FP Standard, the Conduct Review Panel published this notice regarding a recent pattern of allegations and the corresponding guidance to certificants to meet their professional obligations.
The report details the Standards Council’s professional oversight role and ongoing work in the public interest by setting and enforcing professional standards for CFP® professionals and FPSC Level 1® Certificants in Financial Planning.
The Annual Report includes an overview of the Standards Council’s complaint intake and disciplinary activity during 2018. It also offers insights into current areas of focus and trends noted by the Enforcement
Department and by the Independent Panels that support the Standards Council.
2017 | 2016