EFP/EFA/EIP/EIA

The Standards and Qualifications Committee (SQC) is a self-organizing committee under the supervision of the Board of Directors and its role will be comprised of, among other things: performing due diligence of the application from a prospective Member in relation to educational and examinations issues; setting and maintaining the standards of competence for the EFPA qualifications; establishing and maintaining of examination standards; establishing and maintaining continuing education standards for National Affiliate Continuing Education Programs; making recommendations respecting the accreditation of National Affiliates qualification standards and continuing education standards; accrediting any non-EFPA qualifications which are the subject of agreements made between EFPA and third parties; conducting research in the financial advice sector on matters of interest to the EFPA Board of Directors; and undertaking periodic review and update of the EFPA Code of Ethics as required by the Board of Directors.

EFPA Certifications

European Financial Planner (EQF 6)

Highest standard.  Integrated practice of financial planning including investments at portfolio level, estate planning, international taxation, retirement and insurance needs not only for private clients but also for business owners. The educational programs should be covered in a minimum of 40 classroom days or 320 tuition hours (or equivalent).

European Financial Advisor (EQF 5)

Full (comprehensive) practice of financial advice.  Refers to professionals who offer a rigorous service of assessing clients needs and developing financial solutions, particularly concerning investments at portfolio level, but also including basic insurance/retirement /credit/financing solutions. The educational programs should be covered in a minimum of 20 classroom days or 160 tuition hours (or equivalent).

European Investment Practitioner (EQF 4)

Certification designed to meet the requirements set by art. 18 of the Esma Guidelines on knowledge and competences for staff giving investment advice. The training programs should be covered in a minimum of 10 classroom days or 80 tuition hours (or equivalent).

European Investment Assistant (EQF 3)

Certification designed to meet the requirements set by art. 17 of the Esma Guidelines on kwoledge and competences for staff giving information about investment products, investment services or ancillary services. The training program should be covered in a minimum of 5 classroom days or 40 tuition hours (or equivalent).

European Financial Advisor & European Financial Planner

EFA & EFP  Core competence framework.

Version 2016

European Investment Assistant

EIA Core competence framework.

Version 2016

European Investment Practitioner

EIP Core competence framework.

Version 2016