The FAQs aim to answer the most frequently asked questions.
Q1. What does an individual have to do to be eligible
for the title?
For an individual to be awarded the Chartered Financial Planner
title they must:
hold a professional level CII qualification: Advanced Diploma in
Financial Planning (CII qualifications equivalent to first degree
Have five years' relevant industry experience (not necessarily
Be a member of the Personal Finance Society
Adhere to the CII's/PFS's Code of Ethics
Be able to demonstrate that their continuing professional
development (CPD) is up to date and commit to an ongoing programme
Q2. Which CII approved qualifications are
An individual will need to hold the Advanced Diploma in
Financial Planning (or equivalent).
Q3. What, if any, other qualifications/exams will the
CII recognise as part of an individual's qualifying
The CII recognises, through the award of credits, an extensive
array of qualifications from other awarding bodies through its
of prior learning service. Note: to be awarded a CII
qualification, you must obtain, by CII examination or coursework
assessment, a pass in a unit from the qualification that you are
looking to complete, and meet the qualification completion
Q4. Can someone who meets the qualifying criteria just
start using the title?
No, they must apply to the CII first so that the necessary
checks can be undertaken and approval given.
Q5. What rules govern the use of a Chartered
Holders of the title must comply with the CII's membership
requirements, including adhering to the CPD
scheme requirements, and abide by the Code of
Q6. Is there a CPD requirement prior to applying for the
An individual must be up to date with their CPD; new and
existing members must comply with the CII's CPD scheme
Q7. How much will it cost someone to apply for and
maintain the title?
The annual membership fee for UK Chartered Financial Planner
status is £219 and replaces any existing membership fee paid. The
new fee will be effective from the next renewal for existing
members. This fee applies until 31 December 2012. More on pricing »
Q8. Can someone who qualifies for two Chartered titles
No. CII members will be able to apply for one title only. This
title applied for should reflect the majority of the work they
Q9. Will the CII charge a fee to existing Chartered
title holders wishing to transfer to a different title e.g. from
Chartered Insurer to Chartered Insurance Broker, due to a change in
No. You simply need to contact CII
Customer Service. Please note that, in the case of
switching from an insurance Chartered title to Chartered Financial
Planner, or vice-versa, you will need to satisfy the different
qualification eligibility criteria that apply.
Q10. Consumers just want a good deal from their
financial products. How is Chartered status going to
The establishment of Chartered status introduces a new,
internationally recognisable benchmark of quality and ethical
practice for general insurance and financial advice professionals.
This will reassure consumers as, for the first time, general
insurance will be elevated in the public eye to the same standing
as other Chartered professions. All holders abide by a Code of
Ethics and the CII has the sanction of a disciplinary process
against members should this be necessary. This represents the first
step in an evolving process. The CII will work with practitioners
to ensure the standards and practices associated with a
professional body are established and maintained within general
Q11. How can I show to the public I hold the
You can the Chartered title (in writing a descriptor or the
marque) on personal communications such as business cards,
stationery, e-mail sign-offs, etc.
Chartered marquee and usage rules »
The CII has produced an online searchable database for members
of the CII and the public www.cii.co.uk/membersearch. The
database includes an option to display only members who hold a CII
Chartered title and is available here.