Majority of the candidates took the exam to enhance their skills and serve their clients better.
Toronto, November 30, 2022 /CNW/ – FP Canada has announced the results of the October sitting of the Qualified Associate Financial Planner™ exam.
According to a survey, the vast majority of candidates (85%) chose to pursue QAFP certification to enhance their skills and better serve their clients. Many (52%) also cited title protection legislation Financial Professionals Title Protection Act Inn Ontario, those using the Financial Planner title are required to hold a credential recognized by the Financial Standards Regulatory Authority (FSRA). Requirements set by employers are another important reason for many test-takers (33%), highlighting how much organizations value FP Canada certifications.
“QAFP certification equips financial planners with the knowledge, skills and experience to help Canadians achieve financial wellness,” says Tashia Batstone, President and CEO of FP Canada. “Congratulations to those who have dedicated themselves to obtaining their certification – we wish you success in your financial planning career.”
A total of 69 writers appeared for the exam. Candidates had the option to write the QAFP exam remotely through online proctoring, and 34 writers chose to do so. The remaining 35 attempted the exam at one of the 15 testing centers across the country. The pass percentage for first timers was 82.5%.
To obtain QAFP certification, candidates must complete a series of educational requirements, including a two-year college diploma (minimum), an FP Canada-accredited core curriculum program, and the FP Canada Institute™ Introduction to Professional Ethics course. They must pass a national exam and have at least one year of qualifying work experience. To maintain their certification, QAFP professionals must complete the QAFP Professional Education Program, which focuses on the pillars of comprehensive financial planning, human behavior, integrity, and ethics, within one year of certification. Canada Standards Council™.
The Qualified Associate Financial Planner certification, launched in January 2020, is designed for professional financial planners who have the demonstrated knowledge, skills, experience and ethics to understand their clients’ day-to-day financial planning needs and provide comprehensive advice that fits their lifestyles. Supporting their goals. There are approximately 2,000 QAFP professionals Canada like September 30, 2022.
About FP Canada
A national certification and professional oversight body working in the public interest, FP Canada is dedicated to better financial well-being for all Canadians by leading the advancement of professional financial planning in Canada. There are approximately 17,000 certified financial planners® professionals and nearly 2,000 qualified Associate Financial Planner™ professionals (as per September 30, 2022) who adhere to FP Canada’s strict professional and ethical standards. Learn more at FPCanada.ca.
Source FP Canada
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