FIMM (Federation of Investment Managers) Apprenticeship Programme for CUTA and CPRAs
The objectives:
- Enhance the attractiveness and competitiveness of financial planning firms who are CUTAs and CPRAs by encouraging individuals such as UTS Consultants and PRS Consultants to gain practical experience in the financial planning industry;
- Encourage the professional development of UTS Consultants and PRS Consultants by creating a pipeline for them to transition into financial planners; and
- Allow aspiring Apprentice to earn income from their efforts in marketing and distributing unit trusts/Private Retirement Schemes (PRS) during their time as an Apprentice.
Apprentices attached to CUTAs and / or CPRAs must fulfil the requirements as stipulated below prior to submitting application to FIMM for registration as UTS Consultants/PRS Consultants with FIMM:
- Must complete module 1 of CFP/ IFP or RFP/ Shariah RFP
- Must be Associate Financial Planner Malaysia registered with FPAM or must be Affiliate RFP registered with MFPC
- Passed Computerized Unit Trust Examination (CUTE) and/or Private Retirement Scheme Examination (PRE)