CFP® Certification

Financial Planning Association of Singapore | TMC Academy Academic Partners

The CERTIFIED FINANCIAL PLANNER™ credential is the most desired and respected global certification for those seeking to demonstrate their commitment to competent and ethical financial planning practice.

CERTIFIED FINANCIAL PLANNER™ professionals meet initial and ongoing education, experience and professional development requirements, pass a rigorous exam that assesses competency, and adhere to a code of ethics, pledging to provide financial planning in the interests of clients and with the highest ethical and professional standards.

 

The Financial Planning Association of Singapore (FPAS) is a non-profit professional association dedicated to developing and promoting the financial planning industry, providing unbiased financial advice to the Singaporean public.   FPAS also seeks to provide the certification framework for the financial planning industry in Singapore.

 

TMC Academy is an Education Partner for Financial Planning Association of Singapore (FPAS)

 

Certifications Overview

Students who complete the specified modules are eligible for FPAS awards.

Preparatory Course for Associate Financial Planner Certification (AFPCM) Preparatory Course for Associate Wealth Planner Certification (AWPCM) Preparatory Course for Certified Financial Planner Certification (CFP®)
Modules Module 1

  •  Foundations in Financial Planning
Module 1

  • Foundations in Financial Planning
  • Module 4
  • Investment Planning
  • Module 5
  • Retirement Planning
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 & Professional Responsibilities
Duration*  

24 Hr(s)
Full-time : 4 Full Day(s) over 5 Week(s)

Part-time : 3 hrs per week over 7 weeks + 3 hrs revision

Per Module

24 Hr(s)
Full-time : 4 Full Day(s) over 4 Week(s)

Part-time : 3 hrs per week over 7 weeks + 3 hrs revision

Per Module

24 Hr(s)
Full-time : 4 Full Day(s) over 4 Week(s)

Part-time : 3 hrs per week over 7 weeks + 3 hrs revision

 

About IBF Certification

IBF Certification is an industry endorsed mark of quality for finance professionals in Singapore. Individuals who successfully complete an eligible IBF-Standards Training Scheme (“IBF-STS”) accredited training and assessment programme and meet the relevant criteria may apply for IBF Certification. More information on IBF Certification can be found in here.

 

IBF Certification Levels

About IBF Certification for courses eligible for IBF Advanced (Level 2/3)

Participants who successfully complete this course with at least 3 years of relevant financial services
industry experience and fulfill the required number of Technical Skills and Competencies (TSCs) for the
selected job role can apply to be conferred the IBF Advanced (Level 2/3) certification status.

Find out more about IBF certification and the application process on
https://www.ibf.org.sg/certification/Pages/Why-be-Certified.aspx

Technical Skills and Competencies (TSCs) and Proficiency Level

 

Module 1 – Foundation in Financial Planning

Skills Category Skills and Competencies Proficiency Level
A. Business Development and Strategy Management A13. Ethical Culture 3
B. Customer Relationship and Stakeholder Management B1. Account Management 3
B. Customer Relationship and Stakeholder Management B3. Customer Acquisition Management 3
B. Customer Relationship and Stakeholder Management B10. Personal Finance Advisory 3
E. Investment and Financial Management E10. Client Investment Suitability 3
G. Product, Sales and Market Management G15. Product Advisory 3
H. Risk Management, Governance and Regulatory Compliance H8. Customer Acceptance Checking and Onboarding 3
E. Investment and Financial Management E16. Financial Analysis 3

 

Module 2 – Risk Management & Insurance Planning

Skills Category Skills and Competencies Proficiency Level
B. Customer Relationship and Stakeholder Management B10. Personal Finance Advisory 4
G. Product, Sales and Market Management G15. Product Advisory 4

 

Module 3 – Tax & Estate Planning

Skills Category Skills and Competencies Proficiency Level
E. Investment and Financial Management E10. Client Investment Suitability 4

 

Module 4 – Investment Planning

Skills Category Skills and Competencies Proficiency Level
A. Business Development and Strategy Management A13. Ethical Culture 4
B. Customer Relationship and Stakeholder Management B1. Account Management 4
B. Customer Relationship and Stakeholder Management B3. Customer Acquisition Management 4
B. Customer Relationship and Stakeholder Management B10. Personal Finance Advisory 4
E. Investment and Financial Management E10. Client Investment Suitability 4
E. Investment and Financial Management E16. Financial Analysis 4
G. Product, Sales and Market Management G15. Product Advisory 4

 

Module 5 – Retirement Planning

Skills Category Skills and Competencies Proficiency Level
B. Customer Relationship and Stakeholder Management B10. Personal Finance Advisory 4
G. Product, Sales and Market Management G15. Product Advisory 4
H. Risk Management, Governance and Regulatory Compliance H8. Customer Acceptance Checking and Onboarding 4

 

Module 6 – Plan Construction & Professional Responsibilities

Skills Category Skills and Competencies Proficiency Level
A. Business Development and Strategy Management A13. Ethical Culture 4
B. Customer Relationship and Stakeholder Management B10. Personal Finance Advisory 4
E. Investment and Financial Management E10. Client Investment Suitability 4

dreamstimemaximum_23219117

Funding Available

1) SkillsFuture Credits (SFC)

Opening SkillsFuture Credit of $500

SkillsFuture Credit aims to encourage individuals to take ownership of their skills development and lifelong learning.  Introduced in 2015, all Singaporeans aged 25 and above will receive an opening credit of S$500.

One-Off SkillsFuture Credit Top-Up
To further encourage Singaporeans to take timely action to reskill and upskill to seize opportunities in the future economy, a one-off SkillsFuture Credit top-up of $500 will be provided to every Singapore Citizen aged 25 years and above as at 31 December 2020.
From 1 October 2020, this top-up can be used on all SkillsFuture Credit-eligible courses, and will expire on 31 Dec 2025.

Additional SkillsFuture Credit (Mid-Career Support)
To improve individuals’ access to career transition programmes, a one-off SkillsFuture Credit of $500 will be provided to every Singapore Citizen (SC) aged 40 to 60 (inclusive) as at 31 December 2020. This will be over and above the $500 SkillsFuture Credit top-up for SCs aged 25 and above as at 31 December 2020.

 

2) IBF Standards Training Scheme (IBF-STS)

The IBF Standards Training Scheme (“IBF-STS”) provides funding for training and assessment programmes accredited under the Skills Framework for Financial Services.
Enhanced support for FIs and Individuals
In light of the economic challenges arising from COVID-19, MAS announced support of up to S$90 million, to encourage financial institutions and individuals to make use of the downtime for training and deepening of skills.

These include:
(1) Enhancements of course fee subsidies for IBF-STS accredited courses
AND
(2) Training Allowance Grant for locals who participate in IBF-STS accredited courses

Pease refer to IBF website for more details on IBF-STS scheme.

 

Start a live chat with our course consultant to enquire further.

Student Testimonials