The Certified Financial Planner designation, the global qualification for Financial Planners, has been extended to Financial Planners in Italy.

The global CFP standards-setting body the Financial Planning Standards Board announced the expansion at its Global Meeting in Singapore recently.

FPSB Italia has joined the global network of Financial Planning professional bodies as an Associate to bring CFP certification programme to the country.

There are more than 213,000 CFP professionals worldwide with about 1,000 in the UK under the aegis of the City-based Chartered Institute for Securities & Investment (CISI),

The first cohort of CFP professionals in Italy was announced this week at the Consultique Annual Conference in Verona, Italy on 25 October.

Financial Planning professionals interested in CFP certification in Italy can get more information on LinkedIn or on the website at fpsb.it when it launches in early 2024.

FPSB CEO Dante De Gori CFP said “With the shift of openness and transparency in the European financial market, the Financial Planning landscape in Italy is becoming more diversified with independent financial institutions and advisers. This presents an opportune time to partner with FPSB Italia to bring CFP certification to Italy, and welcome it as an Associate in our global network of organisations.”

"We are grateful to FPSB Italia for pioneering CFP certification in Italy and we look forward to our continued work with them.”

FPSB Italia President Antonio Soldi said: “Italy is one of the world’s largest economies, which means Financial Planning delivered by those who commit to rigorous standards of competency, ethics and practice and to putting clients’ interests first is becoming rapidly more important.”

“To this end, we are pleased to partner with FPSB to introduce the CFP certification program in Italy to help Financial Planning professionals in this country commit to excellence in Financial Planning and help consumers connect with those who have committed to putting their interests first.”

CFP Professionals work in about 30 territories around the world including China, Germany, India, South Africa, UK, US and Australia.