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The Planner News Briefs

February 2009

Welcome to this edition of Financial Planning Association of Southern Nevada’s monthly news brief.  In it you will find useful information about our chapter and its programs promoting the financial planning profession.

Programs
Judy Moore

Last month’s first quarterly meeting was a huge success. Everyone liked the new venue at UNLV Alumni Center. The speakers were of the highest quality. We heard from Frederick Imperial on Reality in the Economy, Kerry Johnson on Reading your Client’s Mind, and Bonnie Moore brought us up to date on State security audit issues.

Mark your calendars for April 29. Our next quarterly program will take place at UNLV Alumni Center from 8:00-1PM. We will give you a heads-up on our next three speakers in next month’s Planner News Briefs. In the meantime, keep an eye on our website for news and announcement on special programs: www.fpanv.org.

Membership
Eleesa Aimaq

The FPA would like to honor those who have loyally participated as members over the years. Our chapter would not be here without you, who year after year, continue to support the FPA. We would like to thank the following members for their constancy.

Lydia A Salo, 25 years; William J Wilson, 5 years. Congratulations.

Government Relations
Gregory Crawford

With Congress passing the “American Recovery and Reinvestment Act of 2009,” also known as the “Stimulus Bill,” FPA National has summarized the highlights of the legislation in an attached six-page document. Members can read or download the highlights from the members section of our website. The bullet points below are addressed in greater detail in the larger attached document (.pdf) – there are likely provisions which impact your practice and/or your clients.

Bullet Point Summary of “American Recovery and Reinvestment Act of 2009” include:

v      Individual and Family Tax Relief…

v      Business Tax Incentives…

v      Families and Unemployed Assistance…

Click here for bullet point: http://fpanv.org/nl/09/02/ARRA09_sum.htm.

ATTENTION ALL MEMBERS! WE NEED YOU!
Carolyn Waters

The FPA is proud to announce a revamped Pro-Bono Program for 2009. It is called FP4C which stands for Financial Planning for the Community.

The goal of FP4C is to provide educational opportunities on financial literacy to the community and to those individuals who may not otherwise have access to financial education and/or individual financial planning. And we really need you! Volunteers are the backbone of this program.

There are many advantages to your giving just a few hours of your time. Such as:… Click here for more information.

News Briefs

State Farm Insurance Opposes CFP® Board Code of Ethics

More than 270 of the more than 400 CFP® Certificant State Farm Insurance agents were asked to relinquish their CFP® marks by State Farm Insurance. Both the FPA and CFP® Board are petitioning State Farm to rescind its order. The issue seems to be the CFP® Board’s revised Code of Ethics. This seems a particularly inappropriate move in these financial times.

Please let us know if your professional affiliates express concern over our high ethical standards.

Featured Article
Hurricanes & Financial Storms

… in September, the credit crisis that began over a year ago came to a head. In a series of transactions that would have been unthinkable just a year ago, the federal government placed…

Other News & Announcements

SSA Provides Free Webinar for Financial Professionals to Use with Their Clients.—by Rita Meier, NV Public Affairs Specialist

The Social Security Administration has a retirement planning webinar available for financial planners, human resource employees and other organizations. Go to: http://www.socialsecurity.gov/webinars/webinar1.htm.

The webinar addresses the retirement application process through our website.  It’s a great tool for financial planners to use with their clients, and this could tie in with their clients’ financial planning.

It’s about 20 minutes in length wiht a Q&A at the end.  Members who have any questions can contact Rita Meier at 1-866-931-2867 X 13449.

Refer a Colleague: Member Get A Member
by Jaleen W Edwards

Where are you in the Member-Get-A-Member rankings? Time to catch up on the back 9!

The FPA Tour is still on course and it is still anyone’s game - refer a colleague for membership to the Financial Planning Association® (FPA®)!

Take 5

In this month’s Take 5:

v      FPA Board Approves Plan to Reduce Operating Costs

v      FPA Stimulus Plan Provides Relief to Members

v      FPA Seeks Volunteers for E-mail Hotline

v      Senate and House Differ on AMT Patch

Click here for complete article: http://www.fpanet.org/docs/assets/Take5February.pdf

Financial Frontiers Awards Deadline March 3, 2009

Each year, the Financial Frontiers Awards, co-sponsored by Janus and the Financial Planning Association, encourages practitioners and academics alike to share their latest research and showcase new ideas in financial services. Award-winning papers extend current theory or practice, identify new areas of inquiry, or highlight original insights on the science of financial planning and wealth management.

Click here for more information: http://www.financialfrontiersawards.org/

 

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If you have an item you would like posted in The Planner News Briefs, email it to editor@fpanv.org.

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