Charter Membership
Charter Membership Fees
Sponsorship sum
RM30,000 one off
Annual Fee
RM 2,000
Examination Fees for CFP Certification Program
Examination Fees for CFP Certification Program | Employee of Charter Member |
Non-Member | Savings for Employee of Charter Member |
Fees per Module | RM250 | RM350 | RM100 |
Fees for all 4 Modules(2 Examinations) | RM1,250 | RM1,750 | RM500 |
Selected Benefits for Charter Members
- Nomination of representative to the Board of FPAM which is elected biennially.
- Use of FPAM logo on Charter member’s official documents.
- Participation in working committees to promote financial planning to the public and assist the authorities in drafting regulations pertaining to the industry and the profession.
- Employees and agency force of Charter members enjoy discount per module of the CFP certification examination.
- Discount for delegates of Charter members to conferences and seminars organized by FPAM.
- Participation as host for networking functions of the Association (e.g. Awards and Networking event).
- Write-up on organization in 4E Journal, FPAM’s in-house journal.
- Complimentary copies of each issue of 4E Journal, published quarterly.
- Listing on FPAM’s website.
RECOGNITION OF CFP / IFP DESIGNATION BY REGULATORY BODIES IN MALAYSIA
Regulatory Bodies |
CFP | |
Prerequisite for CMSL | SC | √ |
Module 4 holders able to recommend full range of financial products |
SC | √ |
Eligible for Internship Programme for licensed financial planner |
SC | √ |
Prerequisite for FAR Licence | BNM | √ |
Module 1 & 2 required to renew life insurance licence | BNM & LIAM |
√ |
Module 1,2,3 holders exempted from CUTE | FiMM | √ |
Eligible for CPD points under FiMM Continuing Professional Development Programme |
FiMM | √ |
Eligible for withdrawal for education purposes | EPF | √ |
Eligible for training grant under the Human Resources Development Fund | HRDF |
√ |
Exempted from Pre-Contract Examination for Insurance Agents (PCEIA) Part A, B & C |
MII | √ |
Module 1,2,3 exempted from PRS examinations | FiMM |
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