Choose a financial planner who asks the right questions, says Noel Maye

Look for someone who has the CFP certification. Talk to more than one planner, suggests Maye

In many countries, certified financial planners (CFPs) can renew their certification by participating in continuous education programmes. In India, they need to take an exam every three years. NOEL MAYE, chief executive officer, Financial Planning Standards Board, the body that offers the CFP certification, tells Sanjay Kumar Singh they are engaging with the Indian regulator to bring about parity on this count. Edited excerpts:

While awareness about the need for expert professional advice is growing, people are often reluctant to pay a financial planner’s fee. Why should they take a CFP professional’s advice?

People are often not fully aware of what financial