Are CFP holders required to undergo additional training prior to renewing their permit?

Are CFP holders required to undergo additional training prior to renewing their permit?

• A. Yes, a refresher course is necessary
• B. No, additional training is not required
• C. Yes, but only if their permit has lapsed
• D. Yes, but only every other renewal period

Answer: (B)

CFP holders are not required to undergo additional training prior to renewing their permit. This is because the Certified Financial Planner Board of Standards, which issues the CFP credential, does not have ongoing training or continuing education requirements for renewing the permit. Options A, C, and D are incorrect because they suggest that additional training is required, which is not the case according to the CFP Board's policies. It is important for CFP holders to stay updated on industry knowledge and best practices on their own accord, but this is not a requirement for permit renewal.

CFP holders are not required to undergo additional training prior to renewing their permit. This is because the Certified Financial Planner Board of Standards, which issues the CFP credential, does not have ongoing training or continuing education requirements for renewing the permit. Options A, C, and D are incorrect because they suggest that additional training is required, which is not the case according to the CFP Board's policies. It is important for CFP holders to stay updated on industry knowledge and best practices on their own accord, but this is not a requirement for permit renewal.