EFPA is a professional body defining standards for financial advisors’ education. Main activity of EFPA is preparation of examinations which allow to obtain EFPA certificates as well as accreditation of learning providers who provide preparatory courses and CPD activities.
EFPA Europe is an umbrella association which sets minimum quality standards mandatory to respect for all local EFPA organizations. EFPA Europe comprises of representatives of each local EFPA Association and therefore benefits from wide range of expertise. EFPA Europe defines minimum curriculum requirements for all certificates offered by local entities.
Organizations which represent the best fit for establishing a local EFPA are banking associations, tied agent associations, independent advisor associations, insurance agent associations.
Thank you for your interest, EFPA welcomes new contacts from countries where there is currently no legal representative. Please contact EFPA Europe at info@efpa-eu.org and we will be happy to initiate discussion.
No, our members enjoy full exclusivity on the whole national territory.
We – as EFPA Europe – are an umbrella association creating frameworks and guidance for all single national EFPA associations. However, due to heterogeneous nature of European financial market, rules and regulations of single EFPA associations may vary. National EFPAs organize exams on the respective country territory in line with internal market requirements. Therefore, we kindly invite you to contact directly national EFPA of your interest for more details on examination procedures, including costs.
If you are not sure which local EFPA would be in the best position to satisfy your needs, please, contact us and we will gladly advise.
EFPA is a European organization with Members in most European countries. In each country the local EFPA organizes examinations which are always locally tailored to include such topics as for example local taxation, applicable local laws as well as local pension schemes. It is also local EFPA that gives accreditation to learning providers who offer EFPA preparatory courses on the whole national territory. Therefore, the respective local EFPA organization will be able to advise you on available online preparatory courses as well as examination procedures.
EFPA is a European organization with Members in most European countries. In each country the local EFPA organizes examinations which are always locally tailored to include such topics as for example local taxation, applicable local laws as well as local pension schemes. It is also local EFPA that gives accreditation to learning providers who offer EFPA preparatory courses on the whole national territory. Therefore, the respective local EFPA organization will be able to advise you on available online preparatory courses in English as well as the examination procedures.
EFPA is a European organization with Members in most European countries. In each country the local EFPA organizes examinations which are always locally tailored to include such topics as for example local taxation, applicable local laws as well as local pension schemes. This means that for example obtaining an EFPA Certificate in Germany would mean studying along with the general financial concepts also German market specific information. Therefore, it is important to understand in which market you would like to get certified and to contact the corresponding local EFPA organization which will be able to advise you on available preparatory courses as well as the examination procedures.
Please first confirm in which country the applicant obtained an EFPA Certificate. On the corresponding website of the local EFPA organisation you can find a search engine which provides public data on all EFPA certificate holders.
In general, when the EFPA member is offered a job in the UK, their employer has a regulatory responsibility to certify them as being competent in their role.
This assessment will include confirming that they have the relevant qualification. The CII version of this qualification consists of five (examined) modules and a practical examination.
The first module they are likely to take is one on UK regulation. Once they pass this module, their employer can choose to allow them to give advice under supervision from a fully qualified professional. This supervisory period can last up to 48 months and is at the employer’s discretion.
Once the first module is passed, the EFPA member will automatically be awarded the second module by the CII, on investment principles and risk.
They will still have to pass three modules on protection, pensions, and taxation, since these have a large UK-specific focus.
If they are EFA, they will also have to do a practical examination. If they are an EFP, the CII will exempt them from the practical exam thanks to EFPA membership.