Each exam offered by the Chartered Insurance Institute carries a certain number of "credits" in their qualification scheme.
In addition to examinations, advisers are required to be members of the Personal Finance Society,[9] maintain ongoing learning through a required amount of Continuing Professional Development (CPD)[10] each year, and have a minimum of five years of relevant industry experience.
Firms that can demonstrate the highest commitment to professional standards, development and ethics can apply for Corporate Chartered Financial Planners status.
[13] In the United States, the Certified Financial Planner (CFP)[16] qualification is more broadly comparable to the CFA's Chartered status.
The MFP is a federal trademarked designation in the United States which requires accredited exams and degrees.