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The FAIQ provides the following benefits:

Internationally-recognized certificate to be jointly awarded on successful completion by the CII and IFPHK.

Provides a good starting point for anyone serious about financial services by providing an easy-going introduction to professional fundamentals of financial services products and professional conduct, even for those who are not from the same industry.

Provides sound international knowledge since it concentrates upon the core principles of financial services products and professional conduct accepted worldwide.

Relevant to local needs as the syllabus also covers Hong Kong market practices, products and legislation with 25% of the exam specifically testing on local knowledge.

A one-stop learning service that covers the coursebook, examination guide, sample questions and one sitting of the exam for a single fee.

The exam and coursebook are now conveniently available in both English and Chinese.

Each exam is conducted in the same manner, around the world, maintaining the certification standards internationally.

Open to everyone - from graduates to professionals--looking to gain an advantage in a highly competitive financial services industry.

Improves career prospects by demonstrating commitment to self-improvement.

Holders can apply to use the designation FAIQ (CII) providing a means of demonstrating educational achievement to the public and to peers (membership and Continuing Professional Development requirements apply).

Success in passing the exam opens up several opportunities for immediate recognition by your peers, customers and the financial services industry as a whole.

Successful candidates will be awarded a Certificate.

They will be invited to apply for membership with the CII and IFPHK. FAIQ graduates who successfully apply for CII/IFPHK joint membership will be eligible to use their designation FAIQ (CII) and IFPHK Associate Member on their professional identifications, such as name cards.

You also automatically gain all the benefits of both institutions that are designed to enhance your career internationally and locally.

Benefits of IFPHK Associate Membership include:

Member's can indicate their membership status on their professional documents, including their name cards, gaining recognition from peers and customers, and becoming part of a prestigious group of financial services dedicated to providing excellent services with high standard of ethics.

Free subscription to Advisors Today, Hong Kong's leading financial planning publication, with news, analysis and comments on current issues.

Member newsletter.

Special member rates to attend seminars, forums and conferences organised by IFPHK.

Invitation to attend social events organised by IFPHK.

Discounts for books in selected bookshops.

Benefits of CII Membership include:

Member's of the CII benefit by being one of 90,000 people who belong to the largest professional body dedicated to the insurance, savings and financial services sector in the world.

Being a member of the CII is not only a universal recognition of professionalism but also means that, when qualified, you are entitled to use designatory letters after your name (CII membership and Continuing Professional Development requirements apply).

Discounts for exams and learning materials, including the CII's online training system ed. LEARN^®

Free subscription to The Journal, the UK market's leading insurance publication to keep you up-to-date on the latest news and information.

Free access to CII Information Services - a comprehensive resource on insurance, risk and related financial services. You can also get discounts on books and other publications.

You can support your ongoing regulatory competence and compliance needs through a Continuing Professional Development (CPD)* scheme and receive discounted access to ed.ASSESS^®  the CII's online competence system.

All FAIQ graduates are required to commit to an annual CPD programme to maintain relevancy and safeguard professionalism.