NISM-Series-XVII: Retirement Adviser Certification Examination

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.