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FP2 PDF Practice Q&A's
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- Total Questions: 62
- Updated on: Oct 14, 2026
- Price: $69.00
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- Total Questions: 62
- Updated on: Oct 14, 2026
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- Total Questions: 62
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Finding time to prepare for the CSI Financial Planning II (FPII) exam is hard when work already fills your week. PremiumVCEDump packs 62 focused practice questions for the FP2 exam into formats you can study in short bursts, so every spare half hour moves you closer to a pass.
CSI FP2 Exam Overview:
| Certification Vendor: | Canadian Securities Institute (CSI) |
|---|---|
| Exam Name: | Financial Planning II (FPII) |
| Exam Number: | FP2 |
| Certificate Validity Period: | Course enrollment period: 1 year |
| Related Certifications: | Associate Financial Planner (AFP) Personal Financial Planner (PFP®) |
| Available Languages: | French, English |
| Real Exam Qty: | 60 |
| Exam Format: | Proctored exam (remote or test centre), Multiple-choice |
| Passing Score: | 60% |
| Exam Duration: | 180 minutes |
| Exam Price: | Varies by enrollment package and region (CAD pricing applies) |
| Recommended Training: | CSI Financial Planning II (FPII) Course |
| Exam Registration: | CSI Financial Planning II (FPII) Exam Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored exam or in-person test centre delivery. |
| Pre Condition: | Recommended completion of Financial Planning I (FPI) or equivalent financial planning knowledge before taking FP2. |
| Official Syllabus URL: | https://www.csi.ca/en/learning/courses/fp2/exam-credits |
CSI FP2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Family Law | 15% | - Legal implications in financial planning - Family property and financial considerations |
| Financial Planning Practice | 10% | - Professional standards and ethical practices - Financial planning process and client relationship management |
| Savings Planning & Debt Management | 10% | - Savings strategies and cash flow management - Debt management techniques |
| Insurance Planning | 10% | - Insurance needs analysis - Risk management and insurance products |
| Investment and Tax Planning | 10% | - Tax planning concepts - Investment strategies and portfolio considerations |
| Retirement Planning | 20% | - Government benefits and retirement plans - Retirement income sources and strategies |
| Financial Planning for Small Business | 15% | - Business ownership structures and planning - Small business financial strategies |
| Estate Planning | 10% | - Wills, trusts and succession planning - Estate transfer strategies |
CSI FP2 Exam — Your Questions, Answered
The FP2 exam, officially titled Financial Planning II (FPII), is the CSI exam you pass to earn the Financial Planning II (FPII) certification, a credential at the Professional level. Passing it confirms the skills defined in the official exam outline, and it is associated with related credentials such as Personal Financial Planner (PFP®), Associate Financial Planner (AFP).
The FP2 exam includes 60 questions and gives you 180 minutes to finish them. That is a tight pace per question, so get used to reading each stem once, flagging anything uncertain, and moving on rather than getting stuck. Running timed practice tests in the PremiumVCEDump desktop or online test engine is the most reliable way to build that rhythm before exam day.
The passing score for the FP2 exam is 60%, and the official registration fee is Varies by enrollment package and region (CAD pricing applies). Keep in mind that a failed attempt means paying Varies by enrollment package and region (CAD pricing applies) again in full to retake it, so book your slot only when your scores on PremiumVCEDump practice tests sit consistently above the passing line.
CSI lists the following prerequisites or eligibility notes for the FP2 exam: Recommended completion of Financial Planning I (FPI) or equivalent financial planning knowledge before taking FP2.. Requirements can change over time, so confirm the details on the official exam page at CSI's official site before you register.
You can register for the FP2 exam through the official channels below:
The exam is delivered in the following format: Online proctored exam or in-person test centre delivery.. Choose a date that leaves you enough time to work through the full 62-question practice set first.
CSI recommends the following training resources for FP2 candidates:
Official courses build the theory, and the 62 practice questions from PremiumVCEDump help you turn that theory into exam-ready speed and accuracy.
Yes. PremiumVCEDump offers a free PDF demo of the FP2 material, so you can check the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates, and if your product expires you can extend the update service at a 50% discount from your member zone.
Your purchase is protected by a 100% Money Back Guarantee with clear conditions: if you take the corresponding FP2 exam within 60 days of purchase and do not pass, you can apply for a full refund. The candidate name must match the payer name, and you need to submit a scanned exam enrollment slip together with the official Score Report PDF within 2 days of taking the exam; claims are processed within 7 days. Sitting the exam within 3 days of purchase, downloading without taking the exam, free materials, and expired orders are not covered. If you would rather not take a refund, you can exchange your order for two free exam products of equal value and keep the update service on your original purchase.
Delivery is instant: your download links are emailed within one minute of payment, and you can also download directly from the website. If nothing arrives within 2 hours, contact customer service and check your spam folder. There is no limit on how many computers you can install the material on.
The FP2 exam blueprint is divided into 8 domains, starting with Retirement Planning (20%); Savings Planning & Debt Management (10%); Family Law (15%). For the complete domain-by-domain breakdown, see the Exam Topics section above — it lists every topic the current outline covers.
CSI Financial Planning II (FPII) Sample Questions:
Evelyn spends a great deal of her money on vacations. Consequently, her net cash flow is not as much as she would like. What is the best strategy to help Evelyn improve her cash flow?
- A. Increase liquidity of her savings.
- B. Reduce non-discretionary expenses.
- C. Prioritize and control her spending.
- D. Set up a separate account to save for her next vacation.
Correct Answer: C 🗳️
Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).
By when must a personal trust file its income tax return?
- A. By April 30th of the following year.
- B. By February 15th of the following year.
- C. Within 90 days of December 31st.
- D. Within 90 days of the trust's tax year-end.
Correct Answer: D 🗳️
Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).
What tax consideration should employers take into account when setting up a supplemental executive retirement plan (SERP)?
- A. A SERP is eligible to be registered with the CRA provided that the employer makes a minimum contribution on behalf of the employee based on a percentage of the company's profits.
- B. A SERP permits higher tax-deductible contributions by the employer than those allowed under a registered retirement savings plan.
- C. When a SERP is registered with the Canada Revenue Agency (CRA) under the Income Tax Act, it provides for the employers contributions to be tax-deductible.
- D. The employer does not receive a tax deduction for the SERP contribution until the employee receives the benefits.
Correct Answer: D 🗳️
Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).
What factors are used for calculating contributions to an individual pension plan?
- A. Annual contributions required to fund the plan must be calculated based on the age of the employee, the benefit formula and amount of business profits available.
- B. Annual contributions required to fund the plan must be calculated based on the age of the employee, their earnings history and the benefit formula.
- C. Annual contributions are based on the lesser of 18% of the employee's salary paid by the employer or half the limit for money purchase plans.
- D. Annual contributions are based on the employee's unused registered retirement savings plan deduction room plus 18% of their earned income from the previous year.
Correct Answer: B 🗳️
Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).
Kimberly, age 24, has few assets, and is single with no children. Kimberly has a 10-year-old niece Tanya who she would like her entire estate to be distributed to at death. She consults with her lawyer Jackie to write a will. What is the most important clause Jackie should add in Kimberly's will?
- A. Discretionary powers to divest assets, borrow from estate and to make investment decisions.
- B. Discretionary encroachment.
- C. Appointment of a guardian for a minor.
- D. Funeral instructions and requirement to pay all debts and obligations.
Correct Answer: B 🗳️
Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).
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