{"id":5101,"date":"2026-01-14T11:04:24","date_gmt":"2026-01-14T19:04:24","guid":{"rendered":"https:\/\/www.iafp.ca\/planners\/?page_id=5101"},"modified":"2026-01-14T13:16:49","modified_gmt":"2026-01-14T21:16:49","slug":"fiduciary-standards","status":"publish","type":"page","link":"https:\/\/www.iafp.ca\/planners\/about-us\/fiduciary-standards\/","title":{"rendered":"Fiduciary Standards"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"5101\" class=\"elementor elementor-5101\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-463b5ce elementor-section-full_width elementor-section-height-default elementor-section-height-default parallax_section_no qode_elementor_container_no\" data-id=\"463b5ce\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-794f54f\" data-id=\"794f54f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b92b63a elementor-section-boxed elementor-section-height-default elementor-section-height-default parallax_section_no qode_elementor_container_no\" data-id=\"b92b63a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-445d826\" data-id=\"445d826\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-acf85fd elementor-widget elementor-widget-heading\" data-id=\"acf85fd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">A New Fiduciary Standard for Financial Planning<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c064a04 elementor-reverse-tablet elementor-section-boxed elementor-section-height-default elementor-section-height-default parallax_section_no qode_elementor_container_no\" data-id=\"c064a04\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ba4b48a\" data-id=\"ba4b48a\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-144d9ab elementor-widget elementor-widget-heading\" data-id=\"144d9ab\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Strengthening the R.F.P.<sup>\u00ae<\/sup> Commitment to Clients<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69b07e2 elementor-widget elementor-widget-text-editor\" data-id=\"69b07e2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As the Institute of Advanced Financial Planners\u2122 (IAFP<sup>\u00ae<\/sup>) enters the 40th anniversary year of the Registered Financial Planner (R.F.P.<sup>\u00ae<\/sup>) designation, we are proud to announce an important advancement in professional standards. <b>Beginning with the 2026 membership renewal, all R.F.P.<sup>\u00ae<\/sup> members will be required to complete a mandatory fiduciary attestation, formally affirming their obligation to act solely in their clients\u2019 best interests.<\/b><\/p>\n<p>This milestone reinforces what has defined the R.F.P.<sup>\u00ae<\/sup> designation for four decades: advanced competence, experience, integrity, and accountability. By introducing a formal fiduciary commitment, the IAFP<sup>\u00ae<\/sup> is honouring the principles on which the designation was founded while aligning it with the future of financial planning. It is a meaningful evolution that reflects the Institute\u2019s ongoing role as a steward of high standards and professional excellence.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0375fe6 elementor-widget elementor-widget-image\" data-id=\"0375fe6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" loading=\"lazy\" width=\"300\" height=\"109\" src=\"https:\/\/www.iafp.ca\/planners\/wp-content\/uploads\/sites\/3\/RFP-40Years-White-300x109.png\" class=\"attachment-medium size-medium wp-image-5134\" alt=\"R.F.P. - 40 Years of Trust\" srcset=\"https:\/\/www.iafp.ca\/planners\/wp-content\/uploads\/sites\/3\/RFP-40Years-White-300x109.png 300w, https:\/\/www.iafp.ca\/planners\/wp-content\/uploads\/sites\/3\/RFP-40Years-White.png 600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7d7add4 elementor-section-full_width elementor-section-height-default elementor-section-height-default parallax_section_no qode_elementor_container_no\" data-id=\"7d7add4\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-46ea77d\" data-id=\"46ea77d\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-915caca elementor-widget elementor-widget-heading\" data-id=\"915caca\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What This Means for Clients and Professionals<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0cc1ea6 elementor-widget elementor-widget-text-editor\" data-id=\"0cc1ea6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The fiduciary attestation is more than a statement. It is a formal, professional commitment. By completing the attestation, R.F.P.<sup>\u00ae<\/sup> members affirm that they will always act in their clients\u2019 best interests and provide full transparency, <b>including clear disclosure of<\/b> <b>both the type and amount of compensation received<\/b>, as well as any potential conflicts of interest.<\/p>\n<p>R.F.P.<sup>\u00ae<\/sup> members formally commit to:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f1fa2e3 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"f1fa2e3\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"19.707\" height=\"14.753\" viewBox=\"0 0 19.707 14.753\"><g id=\"np_arrow-right_888647_000000\" transform=\"translate(-12.5 -22.082)\"><path id=\"Path_1\" data-name=\"Path 1\" d=\"M12.5,45.832H29.564v2.2H12.5Z\" transform=\"translate(0 -17.474)\" fill=\"#083861\"><\/path><path id=\"Path_2\" data-name=\"Path 2\" d=\"M54.874,36.836l-1.542-1.542,5.836-5.835-5.836-5.835,1.542-1.542,7.376,7.377Z\" transform=\"translate(-30.043)\" fill=\"#083861\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Acting in the best interests of their clients at all times<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"19.707\" height=\"14.753\" viewBox=\"0 0 19.707 14.753\"><g id=\"np_arrow-right_888647_000000\" transform=\"translate(-12.5 -22.082)\"><path id=\"Path_1\" data-name=\"Path 1\" d=\"M12.5,45.832H29.564v2.2H12.5Z\" transform=\"translate(0 -17.474)\" fill=\"#083861\"><\/path><path id=\"Path_2\" data-name=\"Path 2\" d=\"M54.874,36.836l-1.542-1.542,5.836-5.835-5.836-5.835,1.542-1.542,7.376,7.377Z\" transform=\"translate(-30.043)\" fill=\"#083861\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Providing clear disclosure of compensation structure and amounts, and any conflicts of interest<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"19.707\" height=\"14.753\" viewBox=\"0 0 19.707 14.753\"><g id=\"np_arrow-right_888647_000000\" transform=\"translate(-12.5 -22.082)\"><path id=\"Path_1\" data-name=\"Path 1\" d=\"M12.5,45.832H29.564v2.2H12.5Z\" transform=\"translate(0 -17.474)\" fill=\"#083861\"><\/path><path id=\"Path_2\" data-name=\"Path 2\" d=\"M54.874,36.836l-1.542-1.542,5.836-5.835-5.836-5.835,1.542-1.542,7.376,7.377Z\" transform=\"translate(-30.043)\" fill=\"#083861\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Upholding the highest standards of professional ethics and accountability<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"19.707\" height=\"14.753\" viewBox=\"0 0 19.707 14.753\"><g id=\"np_arrow-right_888647_000000\" transform=\"translate(-12.5 -22.082)\"><path id=\"Path_1\" data-name=\"Path 1\" d=\"M12.5,45.832H29.564v2.2H12.5Z\" transform=\"translate(0 -17.474)\" fill=\"#083861\"><\/path><path id=\"Path_2\" data-name=\"Path 2\" d=\"M54.874,36.836l-1.542-1.542,5.836-5.835-5.836-5.835,1.542-1.542,7.376,7.377Z\" transform=\"translate(-30.043)\" fill=\"#083861\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Delivering comprehensive, holistic financial planning grounded in trust and integrity<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d72e3d6 elementor-widget elementor-widget-text-editor\" data-id=\"d72e3d6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>This requirement sets the R.F.P.<sup>\u00ae<\/sup> designation apart. <b>No other financial planning designation in Canada requires its members to formally attest to a fiduciary obligation.<\/b> For clients, this provides greater clarity and confidence when choosing a financial planner. For professionals, it reinforces accountability and elevates standards across the profession.<\/p>\n<p>When you work with a Registered Financial Planner, you are working with a professional who has formally committed, both ethically and operationally, to client-first, comprehensive financial planning.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d0a5419\" data-id=\"d0a5419\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5bdbbfc elementor-widget elementor-widget-image\" data-id=\"5bdbbfc\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" loading=\"lazy\" width=\"816\" height=\"1174\" src=\"https:\/\/www.iafp.ca\/planners\/wp-content\/uploads\/sites\/3\/2-women-smiling-with-laptop.jpg\" class=\"attachment-full size-full wp-image-5106\" alt=\"\" srcset=\"https:\/\/www.iafp.ca\/planners\/wp-content\/uploads\/sites\/3\/2-women-smiling-with-laptop.jpg 816w, https:\/\/www.iafp.ca\/planners\/wp-content\/uploads\/sites\/3\/2-women-smiling-with-laptop-209x300.jpg 209w, https:\/\/www.iafp.ca\/planners\/wp-content\/uploads\/sites\/3\/2-women-smiling-with-laptop-768x1105.jpg 768w, https:\/\/www.iafp.ca\/planners\/wp-content\/uploads\/sites\/3\/2-women-smiling-with-laptop-700x1007.jpg 700w\" sizes=\"(max-width: 816px) 100vw, 816px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9531234 elementor-section-full_width elementor-section-height-default elementor-section-height-default parallax_section_no qode_elementor_container_no\" data-id=\"9531234\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a46a212\" data-id=\"a46a212\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-d2d2754 elementor-section-boxed elementor-section-height-default elementor-section-height-default parallax_section_no qode_elementor_container_no\" data-id=\"d2d2754\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-3422f3e\" data-id=\"3422f3e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c74f235 elementor-widget elementor-widget-heading\" data-id=\"c74f235\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why the Fiduciary Standard Matters<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a76a14 elementor-widget elementor-widget-text-editor\" data-id=\"0a76a14\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As Canadians navigate increasingly complex financial decisions, from retirement and estate planning to intergenerational wealth transfer and evolving economic realities, trust in financial advice has never been more important. The fiduciary standard establishes a clear, enforceable expectation that<b> Registered Financial Planners<sup>\u00ae<\/sup> act in their clients\u2019 best interests. Always.<\/b> This requirement strengthens public confidence in the R.F.P.<sup>\u00ae<\/sup> designation and clearly communicates its value to Canadians seeking advice, while providing accountability for professionals and leadership for the financial planning profession as a whole.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2bd84a0 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"2bd84a0\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.iafp.ca\/planners\/wp-content\/uploads\/sites\/3\/Dec-2025-IAFP-Fiduciary-Press-Release.pdf\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Read Media Release<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A New Fiduciary Standard for Financial Planning Strengthening the R.F.P.\u00ae Commitment to Clients As the Institute of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1082,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"full_width.php","meta":{"footnotes":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.iafp.ca\/planners\/wp-json\/wp\/v2\/pages\/5101"}],"collection":[{"href":"https:\/\/www.iafp.ca\/planners\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.iafp.ca\/planners\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.iafp.ca\/planners\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iafp.ca\/planners\/wp-json\/wp\/v2\/comments?post=5101"}],"version-history":[{"count":34,"href":"https:\/\/www.iafp.ca\/planners\/wp-json\/wp\/v2\/pages\/5101\/revisions"}],"predecessor-version":[{"id":5143,"href":"https:\/\/www.iafp.ca\/planners\/wp-json\/wp\/v2\/pages\/5101\/revisions\/5143"}],"up":[{"embeddable":true,"href":"https:\/\/www.iafp.ca\/planners\/wp-json\/wp\/v2\/pages\/1082"}],"wp:attachment":[{"href":"https:\/\/www.iafp.ca\/planners\/wp-json\/wp\/v2\/media?parent=5101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}