CE Requirements for CFP Professionals and QAFP Certificants
Professional Responsibility
Effective January 1, 2020, FPSC requires all CFP® professionals to obtain 2 CE credit in the category of Professional Responsibility, while QAFP certificants require 1 CE credit in this category.
Our courses Dealing with Diminished Capacity and Professional Responsibility 2019 were both designed to meet this requirement. Each course has been approved by FP Canada as providing 2 CE credits in this category.
Overview of CE Requirements
If you are a CFP professional, you need to obtain 25 verifiable CE credits annually, while QAFP must complete 12 hours each year.
All of Learning Partner’s CE courses provide verifiable CE credits, and all of our courses have been reviewed and approved under FP Canada's CE Approval Program.
For CFP professionals, at least 10 of your CE credits must be in the Financial Planning category, 2 must fall in the Professional Responsibility category and a maximum of 5 of your CE credits can come from the other categories. All of our courses provide credits the Financial Planning category and several provide Professional Responsibility credits as well, as discussed earlier on this page.
If you exceed your annual CE requirement, you can carry-over a maximum of 25 CE credits to the next calendar year, in the Financial Planning category only. A summary is provided below.
Annual CE Credit Requirements for CFP Professionals
|
Verifiable Credits Required (January 1 to December 31) |
25 |
|
|
Breakdown by Category: |
Annual Credits |
Carry-Over Permitted to Next Calendar Year |
|
Financial Planning |
10 minimum |
25 maximum |
|
Professional Responsibility |
2 minimum |
Any excess considered to be in the Financial Planning category |
|
Practice Management |
5 maximum |
No |
|
Product Knowledge |
5 maximum |
No |
|
Giving Back |
5 maximum |
No |
|
In 2012, FPSC (now FP Canada) introduced a new CE Approval Program, designed to take the guesswork out of finding qualifying CE Courses. We're proud to be one of the first CE providers to have Courses approved by FP Canada under this program! As a result, you can be assured that any of our courses that carry the FP Canada CE Credit Logo have substantive content relevant to financial planning and meet FP Canada CE requirements. By choosing our courses, you will no longer need to evaluate on your own the fit of activities to the CFP® Professional Competency Profile or how many credits they qualify for. Our CE courses for CFP professionals have been evaluated by FP Canada on your behalf, and you can find the number of accredited hours in the each course description. FP Canada and FP Canada CE Credit logo are registered trademarks of the FP Canada. |