CFP® Ethics Course Update: The Most Up-to-Date CFP® CE Courses

by Anne Shropshire, CLU | Apr 13, 2021
CFP ethics course update: the most up-to-date CFP CE courses

For more than three decades, the CERTIFIED FINANCIAL PLANNER certification has been the standard of excellence for financial professionals. As part of CFP® certification, all CFP® professionals commit to the high standards outlined in the Code of Ethics and Standards of Conduct. This, along with the steps CFP Board has taken to enforce the Code and Standards, distinguishes the CFP® certification from other credentials in the financial services industry.

WebCE is excited to announce another new version of our CFP® ethics CE course, Ethics CE: CFP Board's Revised Code and Standards. The CFP® ethics CE course has been periodically updated since the CFP Board’s revised Code of Ethics and Standards of Conduct became effective on October 1, 2019. They formally began enforcing the new Code and Standards on June 30, 2020.

Revised CFP® CE Ethics Course

The content of the updated CFP® ethics course, Ethics CE: CFP Board's Revised Code and Standards, is based on CFP Board’s revised Code of Ethics and Standards of Conduct—simplified as Code and Standards—which became effective on October 1, 2019. The content of the course was written by CFP Board and covers the revised Code and Standards to deliver the two hours of CE ethics study required for all CFP® professionals.

The ethics course consists of six modules, and each module addresses a key course learning objective. Included throughout the presentation are numerous case studies, exercises, and informative videos, all intended to emphasize or clarify core learning points. At the end of the course, students must complete a short final assessment with a passing score of 70% or better. Students have three chances to achieve a passing score. If a student doesn’t pass the course exam after three attempts, they must re-review the course content.

Changes to the Revised Code and Standards

The revised Code and Standards has a new structure and organization, which identifies and defines the duties of a CFP® professional. It also contains substantial changes from the previous Code, including:

  • The requirement to act as a fiduciary when providing financial advice to Clients, which is an expansion of the scope and reach of the duty from its prior application
  • Appropriate ways CFP® professionals should disclose and handle conflicts of interest, which have also been enhanced
  • The duty to report and cooperate with CFP Board to ensure that the high standards of ethics and competency set forth in the Code and Standards are met. This duty has been greatly expanded.

You can read the full Code of Ethics and Standards of Conduct online at the CFP Board website.

CFP® Continuing Education with WebCE

With our course, you’ll get a full explanation of the new rules and practices for CERTIFIED FINANCIAL PLANNER™ certificants, all while completing your required ethics CE for your certification renewal. With WebCE’s convenient, easy-to-use online platform, learning the new CFP® certification standards and completing your CE will be easy and stress-free.

To order courses, visit our course catalog or call 877-488-9308 to speak to a member of our support services team.

CFP® Certification Ethics Course   CFP® Certification CE Catalog