Worried about spending more money after a failed attempt? TorrentExam keeps things affordable for the CSI Financial Planning II (FPII) exam: a clearly listed price on our website, discounts during special activities, and 62 verified practice questions that you can preview in a free demo first.
CSI FP2 Exam Overview:
| Certification Vendor: | Canadian Securities Institute (CSI) |
|---|---|
| Exam Name: | Financial Planning II (FPII) Examination |
| Exam Number: | FP2 |
| Passing Score: | 60% |
| Related Certifications: | Qualified Associate Financial Planner (QAFP™) Personal Financial Planner (PFP®) CFP® Certification (via CSI pathway) Financial Planning I (FPI / FP1) |
| Certificate Validity Period: | 12 months (enrolment period) |
| Exam Format: | Proctored delivery: remote or in-person test centre, Multiple-choice questions |
| Available Languages: | English, French |
| Real Exam Qty: | 60 |
| Exam Duration: | 180 minutes |
| Exam Price: | CAD 800 – CAD 875 (course + exam access, varies by format) |
| Recommended Training: | FP2 Curriculum & Study Materials Official FP2 Full Course FP2 Check – Official Practice Exams |
| Exam Registration: | CSI FP2 Enrolment & Registration Exam Booking & Scheduling Guide |
| Sample Questions: |  |
| Exam Way: | Proctored online (remote proctoring) or in-person at authorized CSI test centre |
| Pre Condition: | Recommended prerequisite: Financial Planning I (FP1 / FPI) or equivalent knowledge; no mandatory exam requirement to register |
| Official Syllabus URL: | https://www.csi.ca/en/learning/courses/fp2/ |
CSI FP2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Planning for Small Business | 15% | - Business structure and financial considerations - Succession planning and exit strategies |
| Topic 2: Estate Planning | 10% | - Wills, trusts, and powers of attorney - Estate taxation and wealth transfer |
| Topic 3: Family Law | 15% | - Marriage, cohabitation, and separation agreements - Support obligations and asset division |
| Topic 4: Savings Planning & Debt Management | 10% | - Debt management and repayment plans - Savings vehicles and strategies |
| Topic 5: Investment and Tax Planning | 10% | - Investment portfolio construction - Tax-efficient investing and income planning |
| Topic 6: Retirement Planning | 20% | - Retirement income needs analysis - Government and private retirement programs - Retirement savings and withdrawal strategies |
| Topic 7: Financial Planning Practice | 10% | - Financial plan development process - Client engagement and data gathering |
| Topic 8: Insurance Planning | 10% | - Life, disability, and critical illness insurance - Property and liability risk management |
Common Questions from Retake Candidates
Recommended prerequisite: Financial Planning I (FP1 / FPI) or equivalent knowledge; no mandatory exam requirement to register
You can confirm the current eligibility requirements on the official FP2 exam page before you register.
The CSI Financial Planning II (FPII) exam contains 60 questions, and you will have 180 minutes minutes to complete them. Practicing under the same time pressure is one of the most effective ways to prepare for a retake.
Each of the three versions — PDF, PC test engine, and online test engine — has its own strengths, and the fastest way to find your fit is to try them. Free demos are available for every version, so download each one and compare how the questions, layout, and testing modes feel before you commit.
Our prices are listed openly on the website, and we run discount promotions during special activities throughout the year. Because promotion dates are not fixed, contact our staff to ask about the current activity schedule — they will tell you exactly when the next discount window opens.
The CSI Financial Planning II (FPII) practice questions are organized around the official exam objectives. Key topics include:
- Financial Planning Practice (10%)
- Estate Planning (10%)
- Retirement Planning (20%)
Studying topic by topic helps you find the weak areas that cost you points last time.
Many candidates combine practice questions with official training. Recommended options include:
This package includes 62 practice questions for the CSI Financial Planning II (FPII) exam, with verified answers reviewed by an experienced team of IT experts and certified professionals.
You can register for the CSI Financial Planning II (FPII) exam through the official channels:
The CSI Financial Planning II (FPII) exam requires a score of 60% to pass, and the official registration fee is CAD 800 – CAD 875 (course + exam access, varies by format). Retake candidates should budget for both the exam fee and a preparation tool that is actually worth the money.
CSI Financial Planning II (FPII) Sample Questions:
For spousal claims relating to joint family ventures, what does a proprietary award grant?
- A. An equal split of future income generated by an asset.
- B. A lump-sum monetary payment.
- C. The right of first refusal for purchasing an asset.
- D. Ownership interest in an asset.
Correct Answer: D 🗳️
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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. Appointment of a guardian for a minor.
- B. Discretionary powers to divest assets, borrow from estate and to make investment decisions.
- C. Discretionary encroachment.
- D. Funeral instructions and requirement to pay all debts and obligations.
Correct Answer: C 🗳️
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Which statement describes the doctrine of non est factum as it applies to contracts?
- A. When a mistaken assumption is made by both parties on a fundamental aspect of the subject matter.
- B. When the goods, which are subject of the contract, do not exist.
- C. When a false statement of fact induces another to enter into a contract.
- D. When one party is mistaken by the nature of the document.
Correct Answer: D 🗳️
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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, their earnings history and the benefit formula.
- B. 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.
- C. 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.
- D. 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.
Correct Answer: A 🗳️
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William and Sage entered into a contract for Sage to purchase a building from William in three months' time, but the building had a fire and burned down after two months. What defense would best support the termination of this contractual relationship?
- A. Performance.
- B. Frustration.
- C. Breach of term.
- D. Operation of law.
Correct Answer: B 🗳️
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