About the CFP Mark

FPAM is the exclusive licensee of the CFPCERT TM mark in Malaysia. CFP is a professional certification programme which revolves around the 4Es – “Education, Examination, Experience and Ethics”, forming the cornerstones of the profession. CFP Professionals are valued as financial planners, quality trainers, lecturers and financial intermediaries.

The CFP Mark in Financial Planning

The CERTIFIED FINANCIAL PLANNER® and CFPCERT TM, marks identify what a financial planner is, establish a standard of professional practice and create a ‘mark of quality’ that consumers can recognize and which practitioners aspire to attain. Financial Planning Standards Board (FPSB) is the global certification body in Financial Planning.

Benefits of the Qualification

  1. Holders of the CFP credential are eligible for exemption from the Computerized Unit Trust Examination (CUTE) and Private Retirement Scheme Examination conducted by the Federation of Investment Managers Malaysia (FIMM).
  2. Fees for the programme are eligible for withdrawals for education purposes under the Employees Provident Fund (EPF) and for training grant under the Human Resources Development Fund (HRDF).
  3. Individual modules of the certification programme are eligible for CPD points under FIMM’s Continuing Professional Development programme.
  4. The preferred qualification for employment and promotion by financial institutions dealing in personal financial
  5. The CFP mark stands out for its adherence to global standards for cross-border recognition.
  6. Enhance employment and career opportunities especially in the financial services industry as in banks, insurance companies, unit trust companies, asset management companies and others.
  7. Recognition by peers and fellow professionals as having met the global benchmark for competency, ethics and professional practice standards in financial planning services.
  8. Recognition by the public of having a professional qualification that inspires trust among financial consumers.
  9. Qualification recognized and granted exemption in 24 countries and growing.
  10. Opportunity to increase revenue stream by offering more financial products and services to your clients.
  11. Client satisfaction by providing comprehensive approach to financial planning.
  12. Recognition and exemption by a wide number of bodies including regulators. (Click here for List of Recognition)
  13. Practitioners’ Workshop – Guidance and workshops to enhance professional practice.

Recognition of CFP Certification in Malaysia

CFP
Prerequisite for CMSL SC
Module 1 holders able to recommend full range of financial products SC
Eligible for internship Program for licensed financial planners SC
Prerequisite for FA License BNM
Module 1 & 2 required to renew life insurance license BNM & LIAM
Module 3 holders exempted from CUTE FIMM
Eligible for CPD Points under FIMM’s Continuing Professional Development Programme FIMM
Eligible for withdrawal education purposes EPF
Eligible for training grant under Humand Resource Development Fund HRDF
Exempted from Pre-Contract Examination for Insurance Agents (PCEIA) Part A, B, C MII