|What is the Financial Advisers' International Qualification (FAIQ)?
The Financial Advisers' International Qualification (FAIQ) is an internationally-recognised certificate for professionals looking to gain worldwide recognition and a solid foundation for a career in financial services. It is a one-stop certificate that gives you a head start in financial advice and financial planning while addressing the demand for strong professional ethics. The entry-level qualification is also designed to be relevant for Hong Kong by including materials for the application of knowledge and practices in Hong Kong and having 25% of the exam addressing a variety of local issues.
|Who developed FAIQ?
FAIQ is developed for financial services professionals and candidates by the prestigious U.K.-based Chartered Insurance Institute (CII) and is brought to you in partnership by the Institute of Financial Planners of Hong Kong (IFPHK).
|Who is CII?
The CII of the United Kingdom is the premier professional organisation for those working in the global insurance and financial services industry. The 90,000 members strong organisation is dedicated to promoting higher standards of competence and integrity through the provision of relevant qualifications for employees at all levels and across all sectors of the industry. Success in CII qualifications is universally recognized as a sign of committment and professionalism.
Further information on the CII and its wide range of products and services can be found at www.cii.co.uk.
|What makes FAIQ different from other entry-level exams?
FAIQ is an international exam with local elements. 25% of the exam is adapted specifically to the Hong Kong market, making it relevant internationally and locally at the same time. FAIQ also raises the bar in professional standards by being conducted at the same time around the world. In addition, its strong focus on ethics and professional behavior makes FAIQ much sought-after by the financial services industry worldwide.
|What is FAIQ's international appeal?
Countries from which candidates have applied for FAIQ include, but are not limited to, Argentina, Bahrain, Barbados, Brazil, Japan, Malaysia, Macau, Pakistan, Russia, Saudi Arabia, Singapore, Slovakia, South Africa, Thailand and Vietnam.
|What are the key benefits of FAIQ?
The FAIQ provides the following benefits:
The exam and coursebook are now conveniently available in both English and Chinese.
Improves career prospects by demonstrating commitment to self-improvement.
Holders can apply to use the designation FAIQ (CII) providing a means of demonstrating educational achievement to the public and to peers (membership and Continuing Professional Development requirements apply).
|What do I gain for immediate recognition when I pass the exam?
Success in passing the exam opens up several opportunities for immediate recognition by your peers, customers and the financial services industry as a whole.
|What are the benefits of the CII/IFPHK joint membership?
You also automatically gain all the benefits of both institutions that are designed to enhance your career internationally and locally.
Benefits of IFPHK Associate Membership include:
|How do I contact IFPHK for further information?
Tel: +852 2982 7888
Fax: +852 2982 7777