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Career achievements start with proof of ability. The CSI Financial Planning II (FPII) certification provides it in 2026; PremiumVCEDump provides 62 practice questions for the FP2 exam.

CSI FP2 Exam Overview:

Certification Vendor:Canadian Securities Institute (CSI)
Exam Name:Financial Planning II (FPII)
Exam Number:FP2
Real Exam Qty:60
Passing Score:60%
Related Certifications:Certificate in Advanced Financial Advice
Personal Financial Planner (PFP)
Financial Planning I (FP I)
Personal Financial Services Advice (PFSA)
Certificate Validity Period:Not applicable as a standalone certification; successful completion provides a Notice of Course Completion. Course enrolment period: 1 year.
Exam Format:Up to 3 attempts, Proctored examination, One examination, Remote online or in-person at a test centre, Multiple-choice
Exam Duration:180 minutes
Available Languages:English
Exam Price:Not separately specified; course enrolment options are CAD 800 (online with PDF textbook) and CAD 875 (online with hard-copy textbook)
Sample Questions: DOWNLOAD DEMO
Exam Way:Proctored examination, available remotely or in person at a test centre. The official exam page specifies a 3-hour duration, 60 multiple-choice questions, a passing grade of 60%, and up to 3 attempts.
Pre Condition:The course builds on Personal Financial Services Advice (PFSA) and Financial Planning I (FP I). Confirm current enrolment eligibility and any formal prerequisites directly with CSI.
Official Syllabus URL:https://www.csi.ca/en/learning/courses/fp2/exam-credits

CSI FP2 Exam Syllabus Topics:

SectionWeightObjectives
Family Law15%- Fundamental Aspects of Family Law
  • 1. Spousal Support and Child Support
    • 2. Custody and Access
      • 3. Marriage, Cohabitation, Separation and Divorce
        - Financial and Property Issues
        • 1. Impact of Divorce on Financial Planning
          • 2. Domestic Contracts
            • 3. Property Division on Relationship Breakdown
              • 4. Disclosure Requirements and Financial Obligations
                Investment and Tax Planning10%- Tax Planning Strategies
                • 1. RESPs, RDSPs, TFSAs and In-Trust Accounts
                  • 2. Tax Shelters and Tax-Efficient Strategies
                    • 3. Income Deferral and Income Splitting
                      • 4. Taxation of Business Structures
                        - Investment Management
                        • 1. Investment Selection and Risk Management
                          • 2. Modern Portfolio Theory and Asset Allocation
                            • 3. Portfolio Performance Measurement and Benchmarking
                              Retirement Planning20%- Retirement Income Needs Analysis
                              • 1. Managing Retirement Income Shortfalls
                                • 2. Old Age Security and Guaranteed Income Supplement
                                  • 3. Canada Pension Plan and Quebec Pension Plan
                                    • 4. Estimating Retirement Income Requirements
                                      - Registered Pension and Retirement Income Plans
                                      • 1. Annuities and Retirement Income Products
                                        • 2. Registered Retirement Income Funds and Life Income Funds
                                          • 3. Registered Pension Plans and Deferred Profit Sharing Plans
                                            • 4. Registered Retirement Savings Plans
                                              • 5. Individual Pension Plans and Executive Retirement Arrangements
                                                Financial Planning for Small Business15%- Business Law and Agency Relationships
                                                • 1. Agency Relationships
                                                  • 2. Contract Termination and Discharge
                                                    • 3. Contract Formation and Types of Contracts
                                                      - Small Business Financial Planning
                                                      • 1. Business Succession and Estate Freezes
                                                        • 2. Business Taxation
                                                          • 3. Business Structures and Entity Selection
                                                            • 4. Business Valuation and Employment Law
                                                              Estate Planning10%- Trusts and Powers of Attorney
                                                              • 1. Powers of Attorney for Personal Care and Property
                                                                • 2. Types of Trusts and Trust Establishment
                                                                  • 3. Incapacity Planning and Substitute Decision-Making
                                                                    • 4. Taxation of Trusts
                                                                      - Estate Distribution and Tax Planning
                                                                      • 1. Estate Planning for Individuals, Families and Business Owners
                                                                        • 2. Probate Fee and Estate Administration Cost Reduction
                                                                          • 3. Will Preparation and Probate
                                                                            • 4. Minimizing or Deferring Taxes at Death
                                                                              Insurance Planning10%- General Insurance
                                                                              • 1. Homeowners and Automobile Insurance
                                                                                • 2. Liability and Professional Liability Insurance
                                                                                  - Life Insurance
                                                                                  • 1. Life Insurance Needs Analysis
                                                                                    • 2. Personal and Business Applications of Life Insurance
                                                                                      • 3. Insurance Contract Provisions, Riders and Taxation
                                                                                        - Disability and Health Insurance
                                                                                        • 1. Disability Income Insurance
                                                                                          • 2. Government Disability Benefits and Workers' Compensation
                                                                                            • 3. Extended Health, Travel and Group Insurance
                                                                                              • 4. Critical Illness and Long-Term Care Insurance
                                                                                                Financial Planning Practice10%- The Personal Financial Planning Process in Canada
                                                                                                • 1. The Financial Planning Business Today
                                                                                                  • 2. Identifying Client Goals and Risk Profiles
                                                                                                    • 3. The Six Steps of the Financial Planning Process
                                                                                                      • 4. Client Responsibilities and Professional Standards
                                                                                                        • 5. Ethics and Financial Advisors
                                                                                                          Savings Planning and Debt Management10%- Net Worth and Cash Management Planning
                                                                                                          • 1. Emergency Funding
                                                                                                            • 2. Budgeting and Savings Strategies
                                                                                                              • 3. Net Worth and Cash Flow Analysis
                                                                                                                - Debt Planning and Mortgages
                                                                                                                • 1. Lease-versus-Buy Decisions and Borrowing to Invest
                                                                                                                  • 2. Debt Refinancing and Debt Service Ratios
                                                                                                                    • 3. Consumer Credit and Debt Management
                                                                                                                      • 4. Mortgage Planning and Real Estate Ownership

                                                                                                                        CSI Financial Planning II (FPII) Exam FAQ — Half the Effort

                                                                                                                        Yes — download the free trial of the CSI Financial Planning II (FPII) material before you buy. Members then enjoy free updating for 365 days, with new versions emailed promptly; renew afterward at 50% off.

                                                                                                                        The CSI Financial Planning II (FPII) is CSI's certification exam for Canadian Securities Course, at the Advanced level. As a major exam recognized by most companies, it proves your IT ability to employers — including the big international ones. Related credentials include Personal Financial Planner (PFP), Certificate in Advanced Financial Advice, Personal Financial Services Advice (PFSA), Financial Planning I (FP I).

                                                                                                                        The CSI Financial Planning II (FPII) blueprint covers 8 domains — including Insurance Planning (10%), Savings Planning and Debt Management (10%), Financial Planning for Small Business (15%). Pay attention to the key points where weightings concentrate; the full outline above lists every subtopic.

                                                                                                                        Not separately specified; course enrolment options are CAD 800 (online with PDF textbook) and CAD 875 (online with hard-copy textbook) per attempt, 60% to pass. Half the effort works only with the right focus — rehearse with the 62 practice questions for the FP2 exam at PremiumVCEDump before booking.

                                                                                                                        The course builds on Personal Financial Services Advice (PFSA) and Financial Planning I (FP I). Confirm current enrolment eligibility and any formal prerequisites directly with CSI. Eligibility rules are updated periodically, so verify the current requirements on the official page (official FP2 exam page) before registering.

                                                                                                                        Files arrive by automatic email within a minute of payment — unlimited devices, and 24/7 customer assisting for any downloading or purchasing problem if nothing shows up within 2 hours. If you get a bad result on the corresponding FP2 exam within 60 days of purchase, the money is fully refunded: send a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam, processed within 7 days. Excluded: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. You may instead exchange for two equal-value products free.

                                                                                                                        180 minutes for 60 questions. The online engine simulates the formal test atmosphere — practice anywhere, so the clock feels familiar on the day.

                                                                                                                        CSI Financial Planning II (FPII) Sample Questions:

                                                                                                                        Genki is reviewing the following portfolios:
                                                                                                                        * Portfolio W earns 18% with a standard deviation of 25%.
                                                                                                                        * Portfolio X earns 19% with a standard deviation of 30%.
                                                                                                                        * Portfolio Y earns 21% with a standard deviation of 20%.
                                                                                                                        * Portfolio Z earns 23% with a standard deviation of 22%.
                                                                                                                        The risk-free rate is 6%. Which portfolio performs the best on a risk-adjusted basis?

                                                                                                                        • A. Portfolio Y.
                                                                                                                        • B. Portfolio Z.
                                                                                                                        • C. Portfolio X.
                                                                                                                        • D. Portfolio W.
                                                                                                                        Reveal Solution  Discussion  0

                                                                                                                        Correct Answer: B  🗳️

                                                                                                                        Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

                                                                                                                        What is the tax treatment on disability assistance payments for Registered Disability Savings Plans?

                                                                                                                        • A. Disability assistance payments are not taxable income.
                                                                                                                        • B. Disability assistance payments are fully taxable based in the hands of the recipient.
                                                                                                                        • C. Disability assistance payments reduce government-funded disability benefits and tax credits.
                                                                                                                        • D. Disability assistance payments are taxed on the grant and income earned portions.
                                                                                                                        Reveal Solution  Discussion  0

                                                                                                                        Correct Answer: D  🗳️

                                                                                                                        Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

                                                                                                                        Hannah would like to replace her current vehicle and is considering leasing instead of financing. Hannah commutes a considerable distance from outside the city each day for her work. She thinks leasing would allow her to always have a newer and more reliable vehicle. What is an important factor for Hannah to consider before making her decision?

                                                                                                                        • A. She would require a larger down payment than if financing.
                                                                                                                        • B. The payments would be higher relative to financing.
                                                                                                                        • C. Mileage limits may add extra costs for her at the end of the lease.
                                                                                                                        • D. The lease company covers all scheduled maintenance reducing her costs.
                                                                                                                        Reveal Solution  Discussion  0

                                                                                                                        Correct Answer: C  🗳️

                                                                                                                        Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

                                                                                                                        The following table outlines details for a life insurance policy issued in 1995:
                                                                                                                        Details
                                                                                                                        Amounts
                                                                                                                        Cash surrender value
                                                                                                                        $8,000
                                                                                                                        Premiums paid
                                                                                                                        $6,000
                                                                                                                        Dividends declared
                                                                                                                        $1,500
                                                                                                                        Net cost of pure insurance
                                                                                                                        $750
                                                                                                                        Marginal tax rate
                                                                                                                        30%
                                                                                                                        Assuming the policy is completely surrendered, what are the taxes payable?

                                                                                                                        • A. $1,275.
                                                                                                                        • B. $2,750.
                                                                                                                        • C. $825.
                                                                                                                        • D. $4,250.
                                                                                                                        Reveal Solution  Discussion  0

                                                                                                                        Correct Answer: A  🗳️

                                                                                                                        Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

                                                                                                                        Tara bought an insurance policy on Wednesday, June 6. What date would her rescission right end?

                                                                                                                        • A. Friday, July 6.
                                                                                                                        • B. Saturday, June 16.
                                                                                                                        • C. Wednesday, June 20.
                                                                                                                        • D. Friday, June 8.
                                                                                                                        Reveal Solution  Discussion  0

                                                                                                                        Correct Answer: B  🗳️

                                                                                                                        Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

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