Latest news with #FPSBIndia
Business Standard
4 days ago
- Business
- Business Standard
FPSB India and NPS Trust Sign MoU to Boost Financial Education and Retirement Planning Awareness Across India
PNN Mumbai (Maharashtra) [India], May 30: FPSB India, the Indian subsidiary of Financial Planning Standards Board Ltd., and the NPS Trust (National Pension System Trust) have signed a Memorandum of Understanding (MoU) to jointly enable educational outreach, knowledge exchange, and research collaboration to amplify awareness around retirement planning and long-term financial well-being in India. "At FPSB India, we believe that financial education is not just a life skill - it is a life changer. This MoU with NPS Trust is a powerful opportunity to integrate retirement planning as a central theme of personal finance education and reach diverse segments of society with credible, action-oriented guidance," said Krishan Mishra, CEO, FPSB India. The initiative aligns with the larger vision of strengthening long-term financial security and empowering individuals to make informed financial decisions throughout their life stages. Key initiatives under this MoU include: -Joint Awareness Campaigns on NPS, NPS Vatsalya, APY, and other PFRDA-regulated schemes via seminars, digital outreach, and workshops. -Targeted Outreach to institutions, enterprises, government bodies, and the general public to promote retirement planning awareness. -Information Exchange & Research Collaboration to develop high-quality, relevant financial education content. The MoU reinforces the commitment of both organizations to the Government of India's vision of financial inclusion and Viksit Bharat by providing the tools, resources, and knowledge to plan and secure one's financial future. This strategic partnership aims to enhance the public's understanding of retirement planning and personal finance, especially among institutions, enterprises, government bodies, and the general public. About FPSB India: FPSB India is the leading financial planning body in India and is dedicated to establishing, upholding, and promoting professional standards in financial planning throughout India. FPSB India offers the globally recognized CFP® certification, which represents excellence in financial planning through rigorous competency and ethical standards. It is home to over 3,215 CFP professionals in India and part of a global network of organizations representing more than 230,648 CFP professionals worldwide. FPSB India is the Indian subsidiary of Financial Planning Standards Board Ltd. (FPSB Ltd.), the global standards-setting body for the financial planning profession and owner of the international CERTIFIED FINANCIAL PLANNER certification program. FPSB Ltd. owns the CFP, CERTIFIED FINANCIAL PLANNER and the CFP® outside the United States. FPSB Ltd. licenses these marks to FPSB Institute India Pvt. Ltd to administer CFP certification in India. For more information, visit
Business Standard
5 days ago
- Business
- Business Standard
FPSB India and NPS Trust Sign MoU to Boost Financial Literacy and Retirement Planning
PNN New Delhi [India], May 29: In a landmark step towards empowering Indians with crucial financial education andretirement planning awareness, FPSB India, the Indian subsidiary of Financial Planning Standards Board Ltd., and the NPS Trust (National Pension System Trust) have signed a Memorandum of Understanding (MoU) to collaborate on nationwide financial education and retirement planning outreach programs. The collaboration will include joint campaigns, co-branded learning resources, webinars, and capacity-building efforts aimed to educate individuals, employers, and financial intermediaries on how to better plan one's retirement. The initiative aligns with the larger vision of strengthening long-term financial security and empowering individuals to make informed financial decisions throughout their life stages. This collaboration aims to emphasize the importance of planning one's second innings to ensure a fulfilling post-retirement lifestyle - one that is rich in exploration, purpose, and new experiences. Speaking about the MoU signing Krishan Mishra, CEO, FPSB India said, "At FPSB India, we believe that financial education is not just a life skill--it is a life changer. This MoU with NPS Trust is a powerful opportunity to integrate retirement planning as a central theme of personal finance education and reach diverse segments of society with credible, action-oriented guidance." This strategic partnership aims to enhance the public's understanding of retirement planning and personal finance, especially among institutions, enterprises, government bodies, and the general public. The MoU marks a crucial milestone in India's journey toward building a financially resilient and retirement-ready population. The MoU reinforces the commitment of both organizations to the Government of India's vision of financial inclusion and ViksitBharat by providing the tools, resources, and knowledge to plan and secure one's financial future. Key initiatives under this collaboration include: * Joint Awareness Campaigns on NPS, NPS Vatsalya, APY, and other PFRDA-regulated schemes via seminars, digital outreach, and workshops. * Targeted Outreach to institutions, enterprises, government bodies, and the general public to promote retirement planningawareness. * Information Exchange & Research Collaboration to develop high-quality, relevant financial education content. As the collaboration unfolds, both FPSB India and NPS Trust are committed to delivering impactful programs that not only raise awareness but also build confidence and actionable knowledge among citizens about financial planning, retirement solutions, and long-term wealth creation. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
Time of India
12-05-2025
- Business
- Time of India
Nearly half of financial planners worry about AI's data privacy, security risks: Report
Despite the benefits, financial planners expressed reservations regarding the use of artificial intelligence (AI), with 47 per cent citing data privacy and cybersecurity concerns, according to a report by FPSB India, the Indian subsidiary of the Financial Planning Standards report titled "How AI is Reshaping the Financial Planning Profession" further highlighted that about 42 per cent of financial companies' top executives are still concerned about the accuracy and reliability of AI outputs. On the positive side, the report highlights that over three-quarters of financial planners (78 per cent) believe AI will help them better serve clients, while 60 per cent believe it will enhance the quality of financial advice. Among the two-thirds of firms that currently use or plan to implement AI within the next year, adoption is most prevalent among small and very large companies. Meanwhile, half of the financial planners view AI positively, with only 8 per cent holding a negative opinion. "We are witnessing a pivotal moment in the financial planning profession as financial planners embrace AI to work smarter, allowing more time to engage in deeper human connection with clients such as navigating difficult conversations that impact financial decision-making and providing clarity and support to stay on track to achieve their life goals," added FPSB CEO Dante De Gori, CFP. The report further added that about 59 per cent of financial planners see AI as a tool to help reduce the cost of financial planning services and 60 per cent believe it will increase access to financial planning for underserved populations. The nonprofit standards-setting body for the global financial planning profession further observed that about 49 per cent of top executives of the financial planning firms expressed a need for professional development to improve their data analysis and interpretation skills. Over a third (36 per cent) believe both the public and the financial planning profession will greatly benefit from general education and training on AI, the report added. FPSB conducted the study by surveying over 6,200 financial planners across 24 territories worldwide, in collaboration with its global network of organizations.
Time of India
11-05-2025
- Business
- Time of India
Nearly half of financial planners worry about AI's data privacy, security risks: Report
Despite the benefits, financial planners expressed reservations regarding the use of artificial intelligence (AI), with 47% citing data privacy and cybersecurity concerns , according to a report by FPSB India , the Indian subsidiary of the Financial Planning Standards Board. #Operation Sindoor India responds to Pak's ceasefire violation; All that happened India-Pakistan ceasefire reactions: Who said what Punjab's hopes for normalcy dimmed by fresh violations The report titled "How AI is reshaping the financial planning profession" further highlighted that about 42% of financial companies' top executives are still concerned about the accuracy and reliability of AI outputs. On the positive side, the report highlights that over three-quarters of financial planners (78%) believe AI will help them better serve clients, while 60% believe it will enhance the quality of financial advice. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If you eat ginger every day for a month, your body will experience the following phenomena Tips and Tricks Undo Among the two-thirds of firms that currently use or plan to implement AI within the next year, adoption is most prevalent among small and very large companies. Meanwhile, half of the financial planners view AI positively, with only 8% holding a negative opinion. Live Events "We are witnessing a pivotal moment in the financial planning profession as financial planners embrace AI to work smarter, allowing more time to engage in deeper human connection with clients such as navigating difficult conversations that impact financial decision-making and providing clarity and support to stay on track to achieve their life goals," added FPSB CEO Dante De Gori, CFP. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories The report further added that about 59% of financial planners see AI as a tool to help reduce the cost of financial planning services and 60% believe it will increase access to financial planning for underserved populations. The nonprofit standards-setting body for the global financial planning profession further observed that about 49% of top executives of the financial planning firms expressed a need for professional development to improve their data analysis and interpretation skills. Over a third (36%) believe both the public and the financial planning profession will greatly benefit from general education and training on AI, the report added. FPSB conducted the study by surveying over 6,200 financial planners across 24 territories worldwide, in collaboration with its global network of organisations.
Economic Times
11-05-2025
- Business
- Economic Times
Nearly half of financial planners worry about AI's data privacy, security risks: Report
Live Events Despite the benefits, financial planners expressed reservations regarding the use of artificial intelligence (AI), with 47% citing data privacy and cybersecurity concerns , according to a report by FPSB India , the Indian subsidiary of the Financial Planning Standards report titled "How AI is reshaping the financial planning profession" further highlighted that about 42% of financial companies' top executives are still concerned about the accuracy and reliability of AI the positive side, the report highlights that over three-quarters of financial planners (78%) believe AI will help them better serve clients, while 60% believe it will enhance the quality of financial the two-thirds of firms that currently use or plan to implement AI within the next year, adoption is most prevalent among small and very large half of the financial planners view AI positively, with only 8% holding a negative opinion."We are witnessing a pivotal moment in the financial planning profession as financial planners embrace AI to work smarter, allowing more time to engage in deeper human connection with clients such as navigating difficult conversations that impact financial decision-making and providing clarity and support to stay on track to achieve their life goals," added FPSB CEO Dante De Gori, report further added that about 59% of financial planners see AI as a tool to help reduce the cost of financial planning services and 60% believe it will increase access to financial planning for underserved nonprofit standards-setting body for the global financial planning profession further observed that about 49% of top executives of the financial planning firms expressed a need for professional development to improve their data analysis and interpretation a third (36%) believe both the public and the financial planning profession will greatly benefit from general education and training on AI, the report conducted the study by surveying over 6,200 financial planners across 24 territories worldwide, in collaboration with its global network of organisations.
