What it involves
The Fellowship examination consists of two papers: Personal Financial Planning and Planning for business owners. Each paper has two parts, one taken in the morning and one in the afternoon and the same case study will be used in both.
Personal Financial Planning paper
- concentrates on the analysis required to prepare a plan
- based around one case study to which solutions to problems should be provided
Planning for business owners paper
- concentrates on preparing solutions to the problems posed by the client
- based on a series of questions, some which may relate to the Personal Financial Planning paper case study, and others which will be generic.
The examination is not intended to test technical knowledge alone. Holistic Financial Planning requires that the planner can stand back and see the inter-relationship of different parts of the case study. Analysis should lead to reflection on the options available; reflection on these options should then lead to recommendations.
Study routes
It is recommended that before attempting the examinations, all candidates attend the Fellowship Preparation days which are offered by IFP. During these two days, you will spend time familiarising yourself with a past paper and work through the Fellowship syllabus.
Resources
Find out about what it takes to be achieve Fellowship
CFPCM, CERTIFIED FINANCIAL PLANNERCM and CFP logo are certification marks owned outside the U.S. by Financial Planning Standards Board Ltd. Institute of Financial Planning is the marks licensing authority for the CFP marks in the United Kingdom, through agreement with FPSB.