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Horner returns as board member of global FPSB

Horner returns as board member of global FPSB

The former chairman elect of the international Financial Planning Standards Board has been re-elected onto the board after a two-year absence.

Barry Horner, chief executive of Bristol-based Paradigm Norton Financial Planning, was forced to step down at the end of 2013 after suffering a pulmonary embolism.

He said: “I had been skiing at the end of 2013 and flying to and fro and ended up in hospital in Geneva for 14 days with a pulmonary embolism.

“Obviously I had to step back from the FPSB and was grounded for a while. I am now on a blood thinner, but a year ago I was given the all-clear to start flying again, so I reapplied to the FPSB and it was approved.

“I am so pleased to be able to play a part again on the international financial stage.”

He said his first duties, which will start in April 2016, would be “catching up with what has been going on over the past 24 months”, and getting up to speed with the strategy.

Mr Horner added: “The FPSB is about corralling the international expertise of all its members and building out the global profession and reaching other countries.”

It is understood that Mr Horner, a former president of the Institute of Financial Planning, was also on the working party that helped the merger earlier this year between the IFP and Cisi. One cannot be on both the IFP and the FPSB at the same time due to potential conflict of interest.

The FPSB is the owner of the international certified financial planner certification programme, across 24 affiliate countries. As at the end of 2014, there were 157,586 CFP professionals worldwide

The stated aim of the FPSB’s is to engage regulators and legislators globally and achieve a goal of 250,000 CFP professionals in 40 territories by 2025.

At its semi-annual meeting in Tokyo in October, the FPSB also named Gerhardt Meyer, CFP, legal executive and head of governance at Old Mutual in Cape Town, South Africa, and Malcolm Rodgers, former executive director of the Australian Securities and Investments Commission, alongside Mr Horner. All three will serve four-year terms on the board, starting 1 April 2016.

Mr Rodgers, Mr Meyer and Mr Horner join seven other volunteers on the FPSB board of directors from Brazil, Canada, China, India and the US.

Background

FPSB manages, develops and operates certification, education and related programmes for financial planning organisations.

It owns the CFP distinction and has a non-profit member organisation in 26 territories, including: Australia, Brazil, Canada, Chinese Taipei, Colombia, Germany, Hong Kong, Ireland, the Netherlands, the Republic of Korea, Singapore, South Africa, Switzerland, Thailand, the UK and the US.

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