FPI professional designations
The Financial Planning Institute (FPI) offers three SAQA registered designations, namely RFP™, FSA™, and CFP® professional. The RFP™ and FSA™ professional designations are specifically for professional financial advisers and the internationally recognised CFP® professional designation is for Financial Planners.
WHAT ARE THE DIFFERENCES BETWEEN THE DESIGNATIONS?
REGISTERED FINANCIAL PRACTITIONER™
A REGISTERED FINANCIAL PRACTITIONER has completed a FPI accredited level NQF5 (old) or level NQF6 (new) qualification; has one (1) year relevant financial services experience or more; has completed the professional competency examination (written or exempt); and has agreed to abide by the FPI Code of Ethics and Professional Standards.
FINANCIAL SERVICES ADVISOR™
A Financial Advisors have completed a l FPI accredited level NQF6 (old) or NQF7 (new) qualification; has two or more years financial services experience; has completed the professional competency examination (written or exempt); and has agreed to abide by the FPI Code of Ethics and Professional Standards.
CERTIFIED FINANCIAL PLANNER®
A CERTIFIED FINANCIAL PLANNER professional completed a FPI accredited level NQF8 qualification; has three (3) years financial services experience or more or completed FPI mentorship programme; has completed the professional competency examination; and has agreed to abide by the FPI Code of Ethics and Professional Standards.
