Originally developed to meet regulatory 'appropriate
qualification' requirements for financial advisers, the Certificate
has been superseded by the RDR requirements to hold a Level 4
qualification. In turn, demand for the Certificate has fallen
Reflecting this drop in demand, Certificate units CF2, CF4 are
last being examined in August 2015 and CF5 in July 2015. Prior to
their withdrawal, units CF2 and CF4 will be available to sit
year-round, typically weekly, and unit CF5 will be available to sit
in October 2014 and April and July 2015.
Any enrolments for these three units will expire once last
examined, at which point you will no longer be able to complete the
Certificate in Financial Planning.
Prior to its withdrawal, the Certificate in Financial Planning
remains a relevant learning pathway for those employed in support
or ancillary (non-advisory) functions in the financial advice
market. It provides a solid grounding in the financial services
market in general and financial planning advice in particular.
The Certificate develops knowledge and understanding of:
- regulatory issues;
- the mechanics and purpose of the main investment products;
- the process of giving advice to clients.
Upon completion PFS members are entitled to use the designation
'CertPFS' (Continuing Professional Development requirements
Is the Certificate in Financial Planning right for me?
The Certificate is appropriate for a wide range of people,
- Financial services administrative and technical support
- Staff employed in support functions such as training,
compliance, human resources, marketing, IT and finance who wish to
improve their understanding of the business.
New Certificate in Financial Services
To ensure the CII qualifications framework aligns to industry
needs, a new QCF Level 3 qualification, the Certificate in Financial
Services, has been developed. This provides targeted learning
pathways for those seeking a solid grounding in financial