QAFP professionals have demonstrated the knowledge, skills, experience, and ethics to understand their clients’ everyday financial planning needs and to provide holistic financial advice for Canadians that fits their diverse lives and supports their goals. This certification can also be a stepping stone to CFP certification.
MY-CPE LLC offers Continuing Education (CE) for Qualified Associate Financial Planner (QAFP) (QAFP Canada) (Approval No. – CE17386). We are focused on providing quality continuing education to QAFP Professionals that incorporates the qualified subject areas. Our CE courses are authored/reviewed by industry specialists and subject matter experts. All our courses are designed in a way to ensure that courses meet your continuing education requirements.
FP PROFESSIONALS CONTINUING EDUCATION REQUIREMENT OVERVIEW
| CE Requirements | 12 hours of CE annually |
| License Renewal Period | Renew by July 31st annually |
| CE Reporting Cycle | The reporting period is from January 1 to December 31 annually. |
| Ethics Requirement | Minimum 1 Hour of professional responsibility. |
| Carryover Credits | Excess CE credits may not be carried over for more than one calendar year. |
QAFP professionals are required to complete 12 hours annually. Many of our programs in Live and Self-Study are approved for continuing education for QAFP professionals.
There is at least one hour of professional responsibility requirement for QAFP Professionals.
QAFP certification is valid from August 1 to July 31 each year. All QAFP professionals must renew their certification annually by July 31.
The CE reporting cycle is from January 1 to December 31.
Save $20 on Auto Renewal
Here is a link to the FP Canada website to access FAQs on CE hours Requirements and Regulations for QAFP professionals.
There are 5 CE credit categories:
Please CLICK HERE to have a detailed review of 5 CE credit categories.
You can visit this link for more detailed information on qualifying learning activities.
The recertification fee is $ 239.
CLICK HERE for more detailed information on renewal fees.
Excess CE credits may not be carried over for more than one calendar year. Carrying forward credits can be done up to a maximum of 12 CE in the case of “Financial Planning” categories.
Click here on Page 18 for more details.
"Failure to renew by the renewal date will result in a forfeiture of rights to use the QAFP marks and removal from FP Canada’s "Find a Planner" or Certificant online directory until all requirements are met. The digital badge and printable certificate will reflect that the individual is no longer certified, based on the certification end date.
The official status will be listed as being under “Renewal Outstanding” for sixty (60) days following the expiration of the certification. QAFP professionals who have not renewed within ninety (90) days of the annual renewal date will have their certification canceled. FP Canada shall send written confirmation of the cancellation. Individuals who wish to reinstate their QAFP certification in the future will be subject to reinstatement policies and fees.
QAFP professionals are required to attest to the completion of their CE requirements for the calendar year specified on the annual renewal application. You are not required to submit CE supporting documentation at the time of certification renewal, but you must have supporting documentation available in the event of an FP Canada audit. Any excess credits carried over from the previous year may also be subject to audit. It is recommended that you keep all supporting documentation for at least three years.
Fee reductions of 50% of the current year’s recertification fee may be granted for one of the following reasons:
All other fee reduction requests will be considered on a case-by-case basis.
myCPE provides courses that are approved for continuing education credits by FP Canada. Based on the guidelines issued by these boards regarding Recertification credit hours requirements, we recommend the programs/ webinars to be suitable for QAFP professionals specified in each webinar. However, it will be the responsibility of each attendee to ensure that they are eligible for the Continuing Education Credits based on their occupation/ job profile, knowledge requirements as well as guidelines laid down by their regulatory board before registering for the webinars.
CLICK HERE to view the FP Canada website for credit requirements for QAFP professionals.
