FPSB USA has terminated the contract of FPSB India on March 31, 2019. Sources privy to the development told Cafemutual FPSB USA has not renewed FPSB India contract due for renewal on April 1, 2019.
That means, FPSB USA takes charge of the CFP certification programme in India. The company will recognise all AFP/CFP certifications awarded by FPSB India up to March 31, 2019.
Also, only FPSB US is authorised to conduct the examinations for the students/AFP certificants in India.
To ensure seamless handover, FPSB India has listed the handover process for different categories of candidates.
Payments permissible to be made to FPSB Ltd. under the Indian Laws
|
S. No. |
Candidate Category % / Link |
Year [Applicable/ Collected] |
Status |
^ Numbers |
Updated Status |
|
1 |
Certificants for 2018-19 (Fee for 2018-19) |
|
|
|
|
|
List of Eligible Candidates who have paid Certification Fees for 2018-19 https://drive.google.com/file/d/1i1ghiIW832SBqysJsU-08ZIHVR378Hak/view |
2018-19 |
Eligible |
1834 |
Affiliate Fees in process to be paid as per Affiliate Agreement Awaiting documents from FPSB Ltd., US |
|
|
2 |
Certificants for 2020-21 (Advance Fee Paid) |
|
|
|
|
|
List of Eligible Candidates who have paid Certification Fees in advance for three (3) years @ INR 5,000/- per certification per year up to 2019-20 https://drive.google.com/file/d/1m6yUuZ1mI6suyAa39PYb395s4-UTbicu/view |
2020-21 |
Eligible |
54 |
FPSB India may like to refund the full advance paid and candidates could directly liaison with FPSB Ltd., US |
|
|
3 |
Certificants for 2019-20 (Advance Fee) |
|
|
|
|
|
List of Eligible Candidates who have paid Certification Fees in advance for three (3) years @ INR 5,000/- per certification per year up to 2019-20 https://drive.google.com/file/d/16YDTMr7b1UT4IrdixJB3NM6rf6bTDmSQ/view |
2019-20 |
Eligible |
226 |
FPSB India may like to refund the full advance paid and candidates could directly liaison with FPSB Ltd., US |
|
|
4 |
Candidates (FPSB India's Commitment for US $39.5 each) |
|
|
|
|
|
List of Candidates for whom FPSB India has committed to bear the first year’s Certification Cost in its own books of accounts towards the annual payment to FPSB Ltd., US as Affiliation Fee of US $39.5 https://drive.google.com/file/d/16yT1uW5DkZpEhiJKLqt-rS7b7i-MKUwg/view |
2017-18 & 2018-19 |
Eligible |
1388 |
FPSB India has requested FPSB Ltd,.US to honour and continue the commitment made. |
|
|
5 |
2012-2019 |
Not Eligible |
13211 |
FPSB Ltd.,US will service the students with no liability to FPSB India .The students may pay the renewal registration fee directly to the FPSB Ltd., US. |
|
|
List of Candidates who have enrolled for the AFP/ CFP Certification Program. https://drive.google.com/file/d/1kzaVoveZvwAmz1FrMs_NFqiCmJ4h_1Gv/view |
201X-Y] : Indicates amount collected in 201X and payable to FPSB Ltd., US in 201Y [Valid for the respective candidates certification for 201X]
- Please be advised that the number refers to the number of certifications and not necessarily the number of CFP certificants
- #: The award of certification is awaited subject to passing of examination, etc.
- $: Eligibility confirms having cleared the CFP certification education program in order. Kindly refer FPSB India’s special notification dated July 21, 2017, Ref: FPSB/KM&MD 09-03/2017 wherein FPSB India has committed in 2018 to bear the
- !: First year’s certification Cost in its own books of accounts towards the annual payment to FPSB Ltd., US as affiliation fee
- ^: The said numbers are updated till February 28, 2019 and the link is updated till January 28, 2019
