This sample question set consists of 25 sample questions on the CFP Certification Examination (Foundation Level).

Q 1 – Q 6      Financial Management
Q 7 – Q10     Financial Planning Principles
Q11 – Q13    Retirement Planning
Q14 – Q19    Investment Planning and Asset Management (Introduction to Investments)
Q20 – Q25    Insurance Planning and Risk Management (Fundamentals of Insurance)

The sample questions are provided to help readers familiarise themselves with the form and style of questions which they may see in the examination.  They may NOT fully reflect the cognitive level of questions of the examination.    For reference purpose, the sample questions are also supplemented by the corresponding suggested answers and explanations, which, if necessary, should be read in conjunction with the relevant textbooks and reference materials published and/or recommended by the IFPHK. The sample questions have been drafted to reflect current law and practice as of September 2013.  

This Sample Question Set does NOT constitute past examination papers, NOR does it represent the number of questions or topic coverage in actual examinations.  It should also be noted that this Sample Question Set is by no means intended to be a practice examination paper for readers. Readers should not equate success in answering the sample questions to success in the CFP Certification Examination (Foundation Level).

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of the Institute of Financial Planners of Hong Kong (IFPHK).

Subject to the IFPHK’s written permission, any publication of this Sample Question Set or any part of it, must be accompanied by an acknowledgement given to the IFPHK. The IFPHK shall retain the right to withdraw any permission granted to any third party to use this Sample Question Set if there is found to be any misuse of information.



This Sample Question Set is published solely to help candidates of the CFP Certification Examination (Foundation Level) familiarize themselves with the form and style of questions which they may see in the examination and does not provide academic, legal or expert advice.  Every effort has been made to ensure the accuracy of the information contained in this booklet; however, no responsibility for loss occasioned to any person acting or refraining from action as a result of any materials in this publication will be accepted by the publisher and/or individual contributors.  If professional advice or other expert assistance on any of the issues raised is required, the services of a competent professional person should be sought.