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FPSC Level 1® Examination in Financial Planning


FPSC Level 1  Examination

The FPSC Level 1 examination is a four-hour exam consisting of approximately 95 multiple-choice questions. Every question on the exam focuses on specific elements of the CFP Professional Competency Profile and may also require integration across several financial planning areas. 

The FPSC Level 1 examination is offered twice a year in both official languages. It’s administered electronically at computer-based testing centres located across Canada.


Important Dates



September 27  Exam preparation webinars 
October 3  Early bird registration closes 
Last day to request an alternate exam location or testing accomodation 
November 1 Exam registration closes 
Last day to provide educational transcripts
Last day to request a withdrawal, postponement or change of exam location
December 1 FPSC Level 1 Examination in Financial Planning
December 15  Last day to notify FPSC of any change of address prior to release of exam results 
January 9 Results released for the December 1, 2017 sitting of the FPSC Level 1 examination 



Early Bird


Exam Only
Exam + Practice Exam

All prices are exclusive of taxes.

Are you Eligible to Write the FPSC Level 1 Examination? 

Standard Route to CFP® Certification:

  • Timing: You must have successfully completed an FPSC-approved Core Curriculum program within the past four years.
  • Documentation: You’ll need an official transcript from your educational institution indicating your successful completion of all courses, but there's no need to submit your transcript until after you’ve registered for the exam. Please upload your transcript to your FPSC Portal no later than one month before the exam.
  • Rewrites: If you’re rewriting the exam, you don’t need to submit supporting documentation. 
  • Exemptions: If you hold relevant financial planning qualifications or other relevant professional qualifications that qualify for exemption under Routes to CFP Certification, you may qualify for exemption from an FPSC-approved Core Curriculum program.

Fast Track with Relevant Qualification

  • Documentation: You’ll need a letter from your governing professional body confirming your qualifications and good standing, but there is no need to submit this until after you’ve registered for the exam. Please upload your letter to your FPSC Portal no later than one month before the exam. 

Exam Locations

You’ll be asked to select your preferred exam location city on the FPSC Level 1 examination application. FPSC will strive to accommodate your first selection of exam location, but in the event that seats are no longer available due to capacity limitations, your backup location will be assigned. In the rare event that your first and second choice locations are full, an alternate exam location will be proposed to you. For a list of cities where the exam will take place, please refer to the Guide to FPSC Examinations

Preparing for Success in the Exam

The FPSC Level 1 Examination in Financial Planning Practice Exam is the ideal study tool to help ensure success in the exam. It lets you experience how the exam looks and feels as it provides feedback on your performance. 90% of respondents from the June FPSC Level 1 exam indicated that they felt better prepared to write the FPSC Level 1 exam as a result of purchasing the Practice Exam. Visit our FPSC Study Toolkit page for more tips and tools to get ready for the FPSC Level 1 examination.