Financial Planner (FP)

$2000 PER COURSE

More Canadians see the value of a trusted professional financial planner. Certification gives you the knowledge and experience for a successful career and proves you have:

• the skills and experience to give financial advice

• professional responsibility and strong ethics

• a recognized professional brand for clients and employers

Certification also keeps you up to date with changing legal and regulatory rules.

Our recommended Pathway to FP designation:

Registered Retirement Consultant (RRC/CR) - Consists of 3 parts and a Retirement plan Course (4 Courses in total) → FP Certification

1. RRC/CR Course Part I

   • Unit 1: Introduction to Retirement Planning

   • Unit 2: Government Sponsored Retirement Income Programs

   • Unit 3: Employer Sponsored Pension Plans

   • Unit 4: DPSPs, RRSPs and TFSAs

   • Unit 5: RRIFs, LIFs, and Locked-In RIFs

   • Unit 6: Education Planning

   • Unit 7: Retirement Savings Plans

   • Final Examination

   Estimated self-study time to complete: 3-6 months

   RRC/CR Course Part II

   • Unit 1: Taxation During Retirement

   • Unit 2: Post-Retirement Planning

   • Unit 3: Retirement Decisions

   • Unit 4: Family Relationships and Support Obligations

   • Unit 5: Family Property and Other Issues

   • Unit 6: Wills and Powers of Attorney for Property

   • Unit 7: Living Wills, Forms of Property Interests, Intestacy and Probate

   • Unit 8: Personal Trusts

   • Unit 9: Other Estate Planning Considerations

   • Unit 10: Death and Taxes

   • Final Examination

   Estimated self-study time to complete: 3-6 months

   RRC/CR Course Part III

   • Unit 1: Financial Services Marketplace

   • Unit 2: Economics

   • Unit 3: Ethical Practices and Professional Conduct

   • Unit 4: Strategic Investment Planning

   • Unit 5: Financial Management

   • Unit 6: Fixed Income

   • Unit 7: Mutual Funds

   • Unit 8: Equities, Derivatives and Alternative Investments

   • Unit 9: Foundations of Risk and Insurance

   • Unit 10: Disability Insurance and Health Care Insurance

   • Unit 11: Foundations of Tax

   • Unit 12: Basic Income for Tax Purposes

   • Unit 13: Taxation for Investors

   • Final Examination

   Estimated self-study time to complete: 3-6 months

   RRC/CR Retirement Plan Course

   Each student must submit a retirement plan to CIFP, based on a sample case study, within the specified timelines. The plan must represent the original and independent work of the student. As in real life and unique to each client, the length of the retirement plan, its content, its format and its degree of complexity are judgment calls each student must make as part of assessing the circumstances of the client in the mock case study.

   Students will submit their Retirement Plan to the CIFP Retirement Institute for grading and may be required to defend their conclusions, recommendations and strategies by way of a telephone interview. If required, the telephone interview will range from 45 to 60 minutes in duration. As part of the interview, the student will be asked to provide an oral summary of the plan and will be called upon by a member(s) of the CIFP Retirement Institute to explain, justify and/or defend various aspects of the plan. This oral defense of the retirement plan will factor in to the grading of the plan as a whole.

To enrol into the Registered Retirement Consultant (RRC) Program, you can either call the CIFP Education Services Department at 1-866-635-5526 or enrol directly through the CIFP.ca website by creating an account.