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This section is for CFP^CM certificants looking to renew their certification. What are the Certification Renewal and Ongoing Certification requirements? When is the Renewal Period? What if I miss the Annual Renewal deadline? How do I reinstate my certification within one year of my certification expiration? How do I reinstate my certification after one year of its expiration? Will there be reminders? How do I do a voluntary withdrawal? How do I reinstate a voluntarily withdrawn certification ? How do I get an exemption from certification Renewal Requirements?



What are the Certification Renewal and Ongoing Certification requirements? CFP^CM certificants are required to renew their certification annually in order to continue using the CFP^CM marks. To renew their certification, they must maintain technical competence and fulfil ethical obligations. They must complete a minimum of 15 hours of continuing education every year, to stay current with developments in the financial planning profession and better serve clients. In addition to the annual continuing education requirement, all CFP^CM certificants agree to voluntarily disclose any public, civil, criminal or disciplinary actions that may have been taken against them during the previous year as part of the renewal process.





When is the Renewal Period? The one year certification period is by calendar year, from January 1 to December 31. Under special circumstances, there is a two-month grace period for renewal of certification. All current CFP^CM certificants must submit their completed and signed certification renewal application forms with appropriate fees to the IFPHK before December 31 each year.





What if I miss the Annual Renewal deadline? If a completed application is not received before the renewal deadline, the CFP^CM certificant will be considered as not having satisfied the renewal requirements and the certification will automatically be suspended. The list of "temporarily suspended CFP^CM certificants" will be posted on IFPHK's website and published in its official publication as public information. IFPHK may take any other actions it deems appropriate.





How do I reinstate my certification within one year of my certification expiration? For CFP^CM certificants who want to reinstate their certification after the renewal deadline and before December 31 of the next year, they must: Submit a completed CFP^CM Certification Reinstatement Form together with a completed CFP^CM Certification Renewal Application Form Pay appropriate certification fees Pay prevailing reinstatement fee Fulfil the continuing education requirement Continue to adhere to the Code of Ethics and Professional Responsibilities





How do I reinstate my certification after one year of its expiration? The former certificant must submit a new certification application and is required to fulfil all 4Es requirements again, including completing the education requirements, if applicable, and successfully writing the CFP^CM certification exam, and any other necessary requirements. The list of "relinquished CFP^CM certificants" will be posted on IFHPK's website and published in its official publication as public information. IFPHK may take any other actions it deems appropriate.





Will there be reminders? Several reminders will be sent to certificants reminding them of renewal and continuing education requirements prior to December 31. After the renewal deadline on December 31, a deficiency notice will be sent to certificants whose renewal applications are outstanding, alerting them that their certification have been temporarily suspended, and will be subject to relinquishment. Before the certifications are lapsed for renewal for more than one year, a relinquishment reminder will be sent again to prompt the certificants whose certifications are temporarily suspended that failure to renew before the next deadline will lead to relinquishment of their certifications. If the certifications remain lapsed for more than one year, a notice will be sent to these former certificants that their certifications have been relinquished. They will need to submit a new application should they want to reinstate their certifications in the future.





How do I do a voluntary withdrawal? A CFP^CM certificant may declare voluntary withdrawal by submitting a written request to IFPHK any time before the current certification expires. If such a request is not received before the certification renewal application deadline, it will be considered as "certification suspension" or "certification relinquishment" unless the reinstatement application is received with all renewal deficiencies being made up beforehand.





How do I reinstate a voluntarily withdrawn certification? Reinstatement of voluntarily withdrawn certifications can be granted by IFPHK if the former certificant chooses to do so within the first year that they withdraw their certification; and they must: Submit a completed CFP^CM Certification Reinstatement Form together with a completed CFP^CM Certification Renewal Application Form Pay appropriate certification fee Pay prevailing reinstatement fee Fulfil the continuing education requirement Continue to adhere to the Code of Ethics and Professional Responsibility Reinstatement of certifications is only allowed within the first year of withdrawal of certifications. After that, the former certificant must submit a new certification application. Reinstatement of certifications is only allowed within the first year of withdrawal of certifications. After that, the former certificant must submit a new certification application.





How do I get an exemption from Certification Renewal Requirements? A certificant who cannot comply with the renewal requirements for health reasons or other circumstances beyond his/her control can submit a written request to IFPHK for consideration. Such a request must include an explanatory letter and all applicable supporting documentation. All requests will be considered by the Executive Committee of the IFPHK on a case-by-case basis. Also, concessionary fees in the event of hardship will also be considered upon requests by certificants.

CFP^CM , CERTIFIED FINANCIAL PLANNER^CM and

are certification marks owned outside the U.S. by Financial Planning Standards Board Ltd.(FPSB).
The Institute of Financial Planners of Hong Kong Limited (IFPHK), is the marks licensing authority for the CFP marks in Hong Kong and Macau, through agreement with FPSB.