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  • Education NISM-Series-XVII: Retirement Adviser Certification Examination

    NISM-Series-XVII: Retirement Adviser Certification Examination

    Team Cafemutual Aug 5, 2016

    This test is mandatory for IFAs who wish to sell NPS.

    In a bid to make NPS popular, PFRDA has allowed IFAs to sell NPS with immediate effect. The pension fund regulator has issued a circular which has asked financial advisers to pass NISM-Series-XVII: Retirement Adviser Certification Examination to become a retirement adviser (RA).

    So here are some details about this test.

    Who should appear for this examination?

    Individual financial advisers or any individual who wish to sell NPS or wish to give retirement advice have to appear for this examination.

    How can you register for this examination?

    You can register with National Institute of Securities Markets (NISM) at https://certifications.nism.ac.in/nismaol/. After successful registration, you have to select a test center, date and time slot as per your convenience.

    What will the candidates be tested on?   

     

    ·         Fundamental concepts in retirement planning and various investment products

    ·         Retirement planning process

    ·         Features and benefits of NPS

    ·         Evaluation tools and fund selection

    ·         Implications of specific situations of retirement planning and how to manage them

    ·         Regulations governing the activities of retirement adviser

     

    Click here to see the full curriculum.

     

    Some key facts about the exam

    No. of Questions

    100

    Duration

    2 hours

    Certificate Validity

    3 years

    Passing Score

    60%

    Test Fees

    1500+

    Website URL

    http://www.nism.ac.in/

    Difficulty Level

    Medium

    Negative Marking

    25% of the marks assigned to the question

     

     

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

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    5 Comments
    RAJESH KUMAR · 7 years ago `
    Is it important to take a test for selling a Scheme (NPS) ? Without knowing its benefits to a Financial Advisor.
    Hrushikesh Swain · 7 years ago `
    If someone has cleared IA Level 2, does he or she has to still appear for Retirement Adviser certification ?
    Ravi · 7 years ago `
    Clearing Investment Adviser exam doesn't mean that you are exempted. Only, SEBI registered RIAs and CFP certificate holders are eligible to become RAs without this certification.
    Sandeep ghosh · 7 years ago `
    How to get RA registration and from where can anyone guide
    Rajendra Jhala · 6 years ago `
    I just want to know, how much commission is paid to the agents who passes the NISM - Series XVII : Retirement Advisor Certification Exams and where to register for getting NPS selling agency. There are many banks , selling NPS. so Do we have to empanneled with all of them seperatly like mutual funds ?
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