You are here:Your Financial Planning 26 August 2016
Visibility:     Module:   

About Financial Planning

Financial planning is the process of structuring and arranging your financial resources to meet your life goals. These can be as short term as saving for a car, to long term planning for retirement. Financial Planning aims to provide financial certainty and clarity on your current and future Financial Wellbeing.

Benefits of Financial Planning

Having a detailed financial plan provides a robust framework through which prudent financial decisions in all spheres of your financial life can be made. Like with most things in life, having and sticking to a plan allows you the best possible chance of success. In this instance it means achieving your life goals and long term financial security. 

The CFP® designation is internationally recognised as the benchmark for professional advice. Holders of this designation have met stringent qualification and competency requirements as well as abide by unequivocal ethical standards. This means that not only will you have peace of mind regarding the technical accuracy of the advice but also the integrity that underpins it.

Certification Requirements: 
  • Examination
    • CERTIFIED FINANCIAL PLANNER®Professionals must successfully complete a comprehensive certification examination, at a Postgraduate level, which tests an individual's knowledge on various key aspects of financial planning.
  • Experience
    • CERTIFIED FINANCIAL PLANNER® Professionals must gain at least three years of financial planning-related experience before receiving the right to use the CFP® certification mark.
  • Ethics
    • CERTIFIED FINANCIAL PLANNER® Professionals must voluntarily ascribe to FPI's Code of Ethics and Professional Responsibility and additional requirements as mandated. CFP® practitioners who violate the code can be disciplined, including permanent loss of the right to use the CFP® designation.
  • Education
    • CERTIFIED FINANCIAL PLANNER® Professionals must have obtained a B-Com Honours in Financial Planning or a Post Graduate Diploma in Financial Planning at one of the approved higher education institutions. 

      All designated financial planning professionals must complete 35 hours of continuous professional development every year to stay current in financial planning knowledge, including ethics.
  • Compliance in these four areas ensures you that an individual who holds the CFP® designation is well prepared and qualified to give sound, professional advice.
Why work with a CFP® professional.
There are many brokers/advisors/consultants in the industry of financial services that purport to offer advice. Out of nearly 100 000 registered representatives licensed with the Financial Services Board, only around 4600 of these are CFP® professionals. With regulatory landscape surrounding financial matters constantly shifting and at a time of global financial turmoil, seeking out an expert to navigate you through these uncertain times is vital.  

Find a CFP® professional.
Go to and click “Find a CERTIFIED FINANCIAL PLANNER® professional


CFP®, CERTIFIED FINANCIAL PLANNER® and   are trademarks owned outside the U.S. by Financial Planning Standards Board Ltd. The Financial Planning Institute of Southern Africa is the marks licensing authority for the CFP Marks in South Africa through agreement with FPSB.
Please visit to learn more about the FPSB and the affiliate countries.

    Follow Us on

Please use the buttons below to follow us on these selected social networks for news, information and events

FPI on Twitter 
FPI Facebook Page
FPI on LinkedIn

Copyright © 2012 The Financial Planning Institute of Southern Africa NPC
Contact Us Site Map Terms of Use Privacy Policy Security Policy Access to Information