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| The CFP certificant should renew his/her CFP certification every 2 years by fulfilling FPSB Korea’s continuous education requirements and observing the financial planning practice standards. The requirements for renewing one’s CFP certification include obtaining a specified continuing education credite and taking the Declaration and Agreement for CFP Certification. |
| Obtaining a specified continuing education credite plays an important role of continuously maintaining the certification of a CFP certificant as a professional. Since maintaining professional ability in financial planning areas that change continuously is of the utmost importance, FPSB Korea regards continuing education as one of the CFP certification renewal requirements. By obtaining the latest information in a financial planning area -- which changes rapidly -- through a continuing education requirement, the CFP certificant benefits greatly. |
| Another requirement for renewal -- the Declaration and Agreement for CFP Certification -- clarifies whether the CFP certificant has fallen under an unacceptable level of candidate fitness standards and makes him/her agree to observe the high professional standards in the area of financial planning area. Through this, he/she can maintain a high level of CFP certification, which regards the consumer’s profit as of top-most importance. |
| The CFP certification period is 2 years; it should be renewed every 2 years from the maturity of the effective period of certification, and you need to complete a renewal inquiry 1 month before the maturity of the effective period. If you inquire about a renewal after the effective period, you need to obtain a specified continuous education score as calculated based on the period that elapsed from the maturity of the effective period. In cases in which the elapsed period is less than 1 year, the garnering of an additional score is deferred. |
| The renewal notification is given twice: 6 months and 3 months before the expiration date. For CFP certificants who have not applied for renewal within 1 month before the expiration date, a final renewal notice is given. You can check the maturity date of the effective period at FPSB Korea’s website after logging in. |
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| The following are required when inquiring about a CFP certification renewal (applying via the Internet and by mail are both possible; when applying via the Internet, fill out the form and pay the license fee at the same time): |
| Apply via the Internet |
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- Guide to submission of photo for issuance of certification card:
When applying via the Internet, only JPG files can be uploaded.
The size of the file should be less than 500KB; otherwise, you need to reduce the file size if it exceeds 500KB (JPG file size: 115*150 pixels).
- Guide to payment of license fee:
The license fee is 200,000 won, and a real-time money transfer or payment by credit card is possible. In the case of a real-time money transfer, you need to apply for Internet banking to have a licensed certification issued. For payment by credit card, a safe payment service should be registered with the credit card company.
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| Apply by mail |
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| After paying the license fee to the account indicated in the application form, you are expected to send a payment confirmation copy for the license fee and the completed application form to the address below via registered mail. FPSB Korea is not responsible for mail lost during delivery. |
- Guide to submission of photo for issuance of certification card:
You are required to submit a 3cm * 4cm photo (the name and Citizen Registration Number should be written on the back of the photo; submitting an image file of a photo is allowed; have the filename as your name followed by the first 6 digits of your Citizen Registration Number; send the photo to info@fpsbkorea.org).
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- Address for submission:
17th floor, Seongji Building, Dohwa 2-dong 538, Mapo-gu,
Seoul, Korea (121-743)
ATTN: Person in charge of CFP certification, FPSB Korea
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CFP Certification Renewal : Definition and Inquiry Method
CFP Certification Renewal : Continuing Education
CFP Certification Renewal : Expiration and Recovery
CFP Certification Renewal : Code of Ethics
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