FPSC Welcomes The Jacks Institute as the Newest Education Provider Leading to the CFP® Designation

January 24, 2001, Toronto - This fall there will be at least one more choice among education programs for students wishing to qualify for the Certified Financial Planner (CFP) Examination. Financial Planners Standards Council (FPSC), awarder of the CFP designation, recently approved The JacksInstitute'sTax and Financial Planning Diploma Program as a registered education program.

The new program offered by the Winnipeg-based private career college will be available nationally with a choice of delivery methods. Students from across Canada can choose to complete the 10-course program by self-study in the convenience of their home or office, using paper and CD-ROM based materials or via the Internet.

"We are looking forward to welcoming participants to our new series of leading-edge certificate and continuing education courses, which will feature both conceptual and technical learning applications specifically geared to the needs of the financial planning community," said Evelyn Jacks, President.

There are currently 82 programs offered at 62 institutions across Canada that are registered directly with FPSC or have entered into academic partnerships with The Canadian Association of Insurance and Financial Advisors (CAIFA) or The Canadian Institute of Financial Planning (CIFP). Additionally, eight university and two college programs have recently applied for FPSC recognition. While each individual program may vary somewhat in delivery method and content, they all cover topic areas as outlined in the CFP Examination Syllabus.

"We are delighted with the addition of The Jacks Institute," said FPSC Director of Certification, Lisa Feil. "Adding to the already impressive list of CFP education providers who offer courses nationally will help the ever-growing demand for programs leading to the CFP designation."

The general requirements for registering a program are:

* The program must be a certificate/degree or professional designation program.
* FPSC requires a statement of objectives for the program.
* The curriculum must contain courses that cover the current CFP examination syllabus.
* FPSC requires documentation about the qualifications of the educators responsible for developing and/or teaching each course and other components of the program.
* FPSC requires an outline of other resources available to students.

Programs are approved for a three-year term.

Financial Planners Standards Council is a not-for-profit organization dedicated to benefiting and protecting the Canadian consumer by establishing and enforcing education, examination, experience and ethics requirements for financial planners who choose to earn the CFP designation. FPSC is the Canadian licensor of the internationally recognized CFP certification marks used by 57,000 planners in 14 countries around the world. There are currently more than 12,000 planners licensed to use these marks in Canada.

For more information on the Jacks Institute Program, contact:
Evelyn Jacks, President
1-800-219-8889
ejacks@jackstax.com