Section Content  
Education Providers

The institution(s) listed below have registered a financial planning curriculum that satisfies the FPAS education requirement. The FPAS does not endorse one program over another. All programs cover the same core curriculum, yet vary in style, length and delivery method. Programs can also differ in their delivery methods with some having traditional classroom-based instruction and others offering self-study or on-line courses. All institutions are accredited after satisfying FPAS Minimum Criterion for Potential Education Providers. Because the educational offerings are so varied, consider asking the following questions of the provider:

  • How will your program make me a better financial planner?
  • How much does your program cost? Does that amount include books, test and other fees? What are the dates of availability; cost of updates, if any?
  • How do you schedule your courses? How often are courses offered?
  • What are the credentials of the faculty?
  • How do candidates sign up, receive materials, ask questions or access faculty? Does the provider have a written complaint policy/procedures?
  • Are there policies of exclusions or exceptions of eligibility?

FPAS do not exercise control over the administration and charging policies by the varied institutions. However if you feel strongly on certain issues, please feel free to let us know. You can reach us at:

Financial Planning Association of Singapore
53 Tras Street #02-01
Singapore 078992
Tel: 6372 1030
Fax: 6372 0121
Email: fpas@fpas.org.sg

The following is the approved education provider for programs leading to the certification of CERTIFIED FINANCIAL PLANNERCM (CFPCM) and Associate Financial Planner (AFPCM):

School FP School of Finance (A Division of Financial Perspectives Pte Ltd) / The College for Financial Planning
Contact
New Address:
38B Circular Road, FP House
Singapore 049394
Tel (65) 6533 6121
Fax (65) 6533 6802
Email enquiries@fp-edu.com website: http://www.fp-edu.com/
Course structure Self-study, Classroom Based & Full Time

School
Contact

51 Cuppage Road #02-01
Star Hub Centre
Singapore 229469

Tel (65) 6733 1877
Fax (65)  6733 2977
Email info@kaplan.com.sg Website : http://www.kaplan.com.sg/
Course structure Self-study, Classroom Based

 


Course Modules

AFPCM  Module 1: Foundations in Financial Planning
AWPCM  Module 1: Foundations in Financial Planning
Module 4: Investment Planning
Module 5: Retirement Planning
CFPCM Module 1: Foundations in Financial Planning
Module 2: Risk Management and Insurance Planning
Module 3: Tax Planning & Estate Planning
Module 4: Investment Planning
Module 5: Retirement Planning
Module 6: Financial Plan Construction and Professional Responsibilities

Details of each educational provider's programs are available from the respective education provider. Before registering for the course, candidates must ensure that they have at least 'A' levels or three years working experience.

 


Sample Examination Questions

The below exam questions are all in PDF Format
Module 1: Foundations in Financial Planning
Module 2: Risk Management and Insurance Planning
Module 3: Tax Planning & Estate Planning
Module 4: Investment Planning
Module 5: Retirement Planning
Module 6: Financial Plan Construction and Professional Responsibilities (Part 2) with sample answer

Certification Examinations

The AFPCM, AWPCM and CFPCM certification examinations are held three times per year, in the month of April, July and October/November. The Certification Examination registration fees payable to FPAS is $100.00 each for Module 1, 2, 3, 4 and 5 and $230.00 for Module 6.

Eligibility

Applicant must be a current FPAS individual member and a course participant with an approved Education Provider.

Rules of Progression

a. New entrants into the CFPCM Certification Program are allowed to attempt at most three new modules, where Module 1 is compulsory and any other, made up from Module 2 to Module 5, at the first examination sitting.
b. Thereafter, candidates are allowed to attempt any or all Module 2, 3 4 and 5 at each examination sitting if they have passed Module 1. Otherwise, they are only allowed to attempt at most two new modules per examination seating, to be accompanied by Module 1.
c. Module 6 can only be attempted on the successful completion of Module 1, 2, 3 4 and 5.

Examination Duration and Format

All examinations are conducted using the pencil-and-paper format. Examinations for Modules 1 to 5 are each three-hour paper, consisting of multiple-choice questions. Module 6 is a six-hour paper, divided into two parts, with the first part in multiple-choice questions format held in the morning and the other part held in the afternoon in the essay-type format.

Details of each educational provider's programs are available from the respective education provider. Before registering for the course, candidates must ensure that they have at least 'A' levels or three years working experience.

 


Code of Ethics

With immediate effect, for re-certification, AFPCM, AWPCM and CFPCM practitioners need only attend ONCE, the Code of Ethics and Professional Standards Seminar/Workshop. Attendance of Code of Ethics and Professional Standards Seminar/Workshop will only be applicable for members who have not attended it before and are renewing his/her certification for the first time. For subsequently renewal, FPAS members will be given a set of FPAS Code of Ethics and Professional Standards materials and sign on a declaration form to abide by these rules and regulations.

For example, if you successfully applied to be a CFPCM on 1 July 2002, within a 2-year reporting period ending 31 July 2004, you are required fulfill 30 CPD hours (inclusive of the attendance of the 3-hours FPAS Code of Ethics and Professional Standards Seminar/Workshop). At the next 2-year CPD reporting period ending 31 July 2006, you will still need to only fulfill the 30 CPD hours but NEED NOT attend the 3-hours FPAS Code of Ethics and Professional Standards Seminar/Workshop.

 

 

CFPCM, CERTIFIED FINANCIAL PLANNERCM, and are certification marks owned outside the U.S. by Financial Planning Standards Board Ltd. Financial Planning Association of Singapore is the marks licensing authority for the CFP marks in Singapore, through agreement with FPSB.

  Copyright 2001 Financial Planning Association of Singapore