FP Canada announces CFP exam results for February

The results are in for FP Canada’s February sitting of the certified financial planner (CFP) exam.

The exam was written by 283 candidates, and the pass rate for first-time writers was 72%, a release said on Wednesday.

The previous exam in October had 456 candidates and a pass rate of 66% for first timers.

At the February sitting, 76% of surveyed exam writers said they wrote the exam to enhance their skills and better serve clients, 42% said they wrote it to fulfil employer requirements, and 38% cited use of the “financial planner” title under title protection as a motivating factor.

There were about 17,500 CFP professionals in Canada as of March 31, FP Canada’s website says.

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