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lacible | Octobre 2015
C H A I R ' S M E S S A G E
After some 15 months chairing the IQPF's Board of Directors, I can
say that the role has been gratifying for me, as someone who has
been involved in the development of the practice for so long! For
these 15 months, I have been able to see how far ahead the Québec
model of financial planning is in comparison to what is going on
elsewhere. And over the years, the IQPF's expertise has received the
recognition it so justly deserves.
We are, as much as possible, taking advantage of the platforms
available to us to spread the word about that expertise. For example,
at the end of August, the IQPF took part in special consultations
and public hearings at the National Assembly about Bill 58, the Act
to group the Commission administrative des régimes de retraite et
d'assurances and the Régie des rentes du Québec. We felt it was
important to take part in this discussion on the future of retirement in
Québec, since retirement is such a critical part of financial planning.
The professionalization of financial planning
In the last edition of La Cible, I mentioned that in September we
would be submitting a brief about our position on the issues raised in
the Report on the Application of the Act Respecting the Distribution
of Financial Products and Services, which was released last June
by the Ministère des Finances du Québec. Our point of view, as
explained in the brief, is that the public can be best protected by
creating a professional order for financial planners.
Professionalizing financial planning is becoming an increasingly
urgent issue for the protection of people's financial assets, and not
only in Québec. The rest of Canada is not being left behind: in April
2015, Ontario set up an expert committee to review regulations
related to financial planning and financial advising. The committee
gathered comments on the topic from the public until the end of
August. Organizations such as the Financial Planning Coalition, which
FOR THE PROGRESS OF
OUR PROFESSION
