Why study

Financial Planning

with the CISI?

Consumers worldwide are challenged by their finances. Despite the challenges, consumers don’t know who to trust for professional financial advice. We're always working to raise the standards of the financial planning profession so consumers receive quality advice that meets their needs from financial professionals whom they can trust.

With our defined financial planning study pathway, you can lead the way and achieve the highest global certification available to financial planners in the UK - the CERTIFIED FINANCIAL PLANNER™ certification.

Why Financial Planning is important

Even the most money-savvy consumers can find managing their finances stressful. Global research by the Financial Planning Standards Board (FPSB) has found that most consumers feel challenged by their finances as they become more responsible for their long-term financial well-being.

Consumers find themselves relying on friends, family and websites more than financial professionals for information on financial matters. That's why it is so important for consumers to find someone who they can trust with their finances.

Only 19% of consumers feel very successful at sticking to their financial strategies1

Only 22% of consumers are very confident they will achieve their financial goals1

Only 1/3 of consumers have a written financial plan1

If you're looking for a career in financial planning or looking to elevate your skills to meet the increasingly complex and demanding nature of today's financial advice, then start your journey towards becoming a CFP professional with us.

Our Financial Planning qualifications

Our financial planning qualifications, which lead to achieving the CFP certification are recognised worldwide as the Gold Standard for financial planning professionals. The CFP certification will give you the necessary skills to build trust and help consumers in an increasingly complex advice world. We offer the only route to the CFP certification in the UK, which includes the highest-level financial planning qualification available, the level 7 Diploma in Advanced Financial Planning.

Level 4 Investment Advice Diploma (IAD)

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Level 4 Certificate in Paraplanning

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Level 6 Certificate in Pension Transfers & Planning Advice

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CERTIFIED FINANCIAL PLANNER certification

Level 7 Diploma in Advanced Financial Planning
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Please note: The previous level 6 Diploma in Financial Planning is only open for new entrants until 30 November 2019.

How to become a CFP professional

To earn the CFP certification, you must meet the following requirements.

Entry requirements

To begin the process of becoming a CFP professional, you must first hold an RDR-compliant qualification for FCA Activities 4 and 6. This can be either:

Investment Advice Diploma (IAD)
Must include the Financial Planning & Advice module
Or An RDR-compliant qualification for FCA Activities 4 and 6 (with gap-fill if required)

Education & Examinations

Candidates for CFP certification must master theoretical and practical financial planning knowledge by completing a comprehensive course of study that meets standards set by FPSB.

Candidates for CFP certification must achieve the CISI’s level 7 Diploma in Advanced Financial Planning, which assesses their ability to apply integrated financial planning knowledge to real-world client situations.

Ethics

Candidates for CFP certification must agree to abide by the CISI’s Code of Conduct which defines their ethical responsibilities to the public, clients and employers.2

CISI membership at MCSI level or above Complete the CISI IntegrityMatters test

Experience

Candidates for CFP certification must meet relevant work experience standards (one-year supervised experience or a minimum of three years of unsupervised practice experience) in the financial planning process prior to being awarded CFP certification to ensure they possess financial counseling skills in addition to financial planning knowledge.

1-3 years experience

 

Exam Details

Exam Availability

Pass Mark / Pass Rate

The current pass rate for this exam is and the pass mark is . The exam grades are as follows:

Regulated Qualifications Framework

credits on the Regulated Qualifications Framework are awarded upon successfully passing this exam

Feedback and Appeals

For further details on how to give us your feedback and / or Appeal your result, please refer to our Exam Policies.



Getting started

I already meet the entry requirements

If you already hold an RDR-compliant qualification for FCA Activities 4 and 6 (with gap-fill if required), such as our Investment Advice Diploma (Financial Planning & Advice), then you can start your journey to becoming a CFP professional.

We’ve broken down how much it will cost you to become a CFP professional.

Total price for CFP certification £1,339 3
View price breakdown

Level 6 Certificate in Advanced Financial Planning £482
Level 7 Financial Plan Case Study £482
CISI Membership Annual Fee (MCSI) £257
QRF Fee £58
CFP Licence Annual Fee £60
Total £1,339

Step 1 - Complete the entry form to confirm your eligibility
Step 2 - A member of our team will contact you and help you start your journey to CFP certification

Register now (Eligibility Form)

I need to meet the entry requirements

If you currently don’t hold an RDR-compliant qualification for FCA Activities 4 and 6 (with gap-fill if required), our Investment Advice Diploma (Financial Planning & Advice) qualification will allow you to meet the entry requirements to becoming a CFP professional.

We’ve broken down how much it will cost you to become a CFP professional.

Total price for CFP certification £2,423 3
View price breakdown

IAD - UK Regulation & Professional Integrity £348
IAD - Investment, Risk & Taxation £348
IAD - Financial Planning & Advice £388
Level 6 Certificate in Advanced Financial Planning £482
Level 7 Financial Plan Case Study £482
CISI Membership Annual Fee (MCSI) £257
QRF Fee £58
CFP Licence Annual Fee £60
Total £2,423

Step 1 - Achieve our Investment Advice Diploma (Financial Planning & Advice)
Step 2 - Complete the entry form to confirm your eligibility
Step 3 - A member of our team will contact you and help you start your journey to CFP certification
Book the CISI Investment Advice Diploma now


Our learning materials and resources

We’ve included a preview of the content and resources that will be available to you if you choose to study financial planning with us.

Workbook and ebook

Control your learning experience with a printed workbook or ebook

Elearning videos

Enhance your study with a different way of learning

Revision Express

Reaffirm your knowledge with sample questions

Optional training courses

Two or five day training courses with one of our Accredited Training Partners



Frequently asked questions

We have created a set of FAQs to help answer some of your most pressing questions, as well as to provide further information about any transitional arrangements or exemptions for the new qualification.

I want to study to become a CFP professional I am already studying to become a CFP professional I am an existing CFP professional

If you have any questions that were not answered in our FAQs please email Financial.Planning@cisi.org.



Apply to become a CFP professional

Once you have met the above requirements, to apply for the CERTIFIED FINANCIAL PLANNER certification, please complete the application form and return it to cfp@cisi.org.

The annual CFP licence fee is £60. Once your application is approved by us, you will be sent a certificate. 4

CFPTM Application form
CFPTM policy
Financial Planning Practice Standards



Renew my CFP certification

CFP professionals are required to maintain technical competence and fulfil ethical obligations. This includes completing at least 35 hours of continuing professional development education each year to stay current with developments in the financial planning profession. In addition, CFP professionals must disclose any public, civil, criminal or disciplinary actions that may have been taken against them during the certification period.5

The annual CFP licence fee is £60 and is payable with your CISI membership renewal from March.

CFP™ Renewal form

The home of Financial Planning

Our financial planning community (known as the Financial Planning Forum) is home to over 4,500 professionals working or interested in financial planning. Once you start your financial planning journey, we’ll welcome you with open arms to where the leading financial planning professionals are, with us – the home of pure financial planning.

Join over 4,500 members who form our financial planning community

Regular conferences and events for financial planners across the UK

Our Financial Planning Forum Committee, comprised of practicing planners, provide us guidance to drive the profession forward

Meet other like-minded financial planners and share ideas

Development & CPD

Our work to raise the standards of the financial profession does not just stop once a qualification is achieved - it's all about Continuing Professional Development (CPD). In addition to our qualification pathway, we offer various first-class resources to help you build on your knowledge.

Professional Refresher

Elearning modules designed to help you tackle topics to build on or refresh your knowledge of various topics.

Find out more about Professional Refresher

The Review

Our quarterly members' magazine is available digitally, with exclusive articles on the latest trends and changes affecting the profession.

View the Review

Conferences & Events

Dedicated conferences and events where you can network with like-minded individuals and earn CPD.

Find out more about all the events we offer

CFPTM, CERTIFIED FINANCIAL PLANNERTM and are certification marks owned outside the U.S. by Financial Planning Standards Board Ltd.
The Chartered Institute for Securities & Investment is the marks licensing authority for the CFP marks in the United Kingdom, through agreement with FPSB.

1. FPSB partnered with GfK, a global research firm, to survey more than 19,000 people in 19 territories.
2. CERTIFIED FINANCIAL PLANNER professionals must disclose any investigations or legal proceedings related to their professional or business conduct and agree to place the interest of clients first, act fairly, diligently and with integrity, and offer clients professional services that are objective and based on clients’ needs. CFP professionals must disclose in writing to clients information about their sources of compensation and conflicts of interest.
3. Total price assumes no exam resits required
4. The standard processing timescale for all applications is up to 15 working days, including three to five days required to post any confirmations or certificates. If you have sent your form to the CISI and you have not received an email confirmation of receipt within 28 days please contact us.
5. It is necessary for every CFP certificant, once certified, to renew their certification every year. Those seeking to maintain their certification must attain a minimum of 35 hours of continuing professional development (CPD) in order to keep up to date with changes and better serve their clients. To continue using the designation you must renew your membership on an annual basis and adhere to all the CISI’s requirements for membership. If you wish to lapse the designation you can do this for a period of up to five years (see below).

Application to rejoin or reinstate CFP professional designation within five years: No reassessment will be required as long as the individual can provide suitable CPD records. If CPD records are not available and there is no valid reason then the process for rejoining after five years will apply.