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FOR IMMEDIATE RELEASE

FPSC ANNOUNCES NOVEMBER 2005 CFP EXAMINATION RESULTS

Toronto, January 10, 2006 — Nine hundred and eighteen (918) individuals wrote the Financial Planners Standards Council (FPSC) Certified Financial Planner® (CFP®) Examination on November 19, 2005, and 52.39 per cent (481) passed. Of those writing the exam for the first time, 60.65 per cent passed.

The list of the 481 successful CFP candidates will be published in The Globe and Mail on Thursday, January 12, 2006.

"This is the 10th year of CFP certification in Canada. Once again, it is a great pleasure to acknowledge those who have voluntarily stepped up to prove themselves against a rigorous measure of professional competence, knowledge, judgment and analytical skills," said Cary List, Executive Vice President & COO, FPSC. "Congratulations to the successful candidates who are now one step closer to earning the CFP credential and joining the ranks of the more than 16,000 CFP professionals in Canada."

The six-hour CFP Examination is administered in both official languages twice a year. The November examination was held in 55 centres across Canada. Topics covered reflect the knowledge, skills and professional competence required in the current practice of financial planning as established by CFP professionals and academics from across the country.

Only candidates who have completed the educational requirements set by FPSC are eligible to write the CFP Examination. There are 29 programs directly accredited by FPSC that are delivered by 23 institutions (including colleges and universities). However, some program providers have entered into academic partnerships bringing the number of institutions that offer courses of study leading to the CFP designation to over 70.

Individuals who hold one of the following credentials and have three years of relevant industry experience are also eligible to write the CFP Examination through FPSC's Approved Prior Credentials Policy:

• Professional accountants (CA, CGA, CMA)
• Chartered Financial Analyst (CFA)
• Chartered Life Underwriter (CLU)
• Members of provincial law societies
• PhD in finance, business or economics

The next scheduled CFP Examination is on Saturday, June 10, 2006. Registration closes on May 10, 2006. Examination information and applications are available at www.cfp-ca.org.

Financial Planners Standards Council (FPSC) is a not-for-profit organization established in 1995 to foster professionalism in personal financial planning. FPSC develops and enforces the highest standards in financial planning competency and ethics for individuals who hold the CFP® (CERTIFIED FINANCIAL PLANNER®) in Canada. There are currently about 16,000 CFP professionals in Canada and more than 94,000 individuals who have earned CFP certification in 18 countries around the world. See www.cfp-ca.org for more information.

NOTE TO EDITORS: For further information on FPSC and CFP certification, please visit our online media kit at www.cfp-ca.org/media/media_mediakit.asp.

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Media Contacts:
Reed Hilton at 416.593.8587 ext. 235 or rhilton@cfp-ca.org
Eileen Chadnick/Chadnick Communications at 416.631.7437 or eileen@chadnick.com