NISM-Series-XVII: Retirement Adviser Certification 

Mode of Delivery: Online Live Interactive + Online Self-paced*

Duration: 24 Hours 

Study Materials: 

• Recording available of online live sessions
• PPTs (600+ Slides)
• 700+ MCQs
• Quick revision summary notes.
• Career Guidance/Counseling

The NISM-Series-XVII: Retirement Adviser Certification Examination establishes a standardized knowledge benchmark for individuals, proprietors, partners, and representatives of retirement advisers registered under PFRDA (Retirement Adviser) Regulations, 2016.

This certification enhances the quality of advisory services in retirement planning, empowering professionals to better serve clients in achieving their retirement goals.

Upon successful completion of the training, candidates will:

·  Understand Fundamental Concepts in Retirement Planning:
Grasp the importance of starting retirement savings early, associated risks, and emotional aspects.

·  Learn the Retirement Planning Process:
Evaluate client situations, set goals, and monitor retirement plans effectively.

·  Master the Features and Benefits of the National Pension System (NPS):
Understand the working, subscription process, and tax aspects of NPS.

·  Evaluate Fund Performance and Select Suitable Products:
Analyze returns, assess risks, and match products to investor needs.

·  Apply Retirement Planning Strategies:
Develop approaches like periodic investments, bucket strategies, and automated investments.

·  Navigate Special Retirement Situations:
Address issues such as debt obligations and create effective documentation.

·  Understand Regulatory Frameworks:
Learn about regulations governing retirement advisers, PFRDA's role, and ethical practices.

Assessment Details:

• 100 Multiple Choice Questions: 1 mark each
• Total Marks: 100
• Duration: 2 Hours
• Passing Score: 60%
• Negative Marking: 25% of marks assigned per incorrect answer

·    Certificate Validity: 3 years

* Online Self-paced contents access will be provided for 90 days to the user only.

Test Objectives:

Upon passing the examination, candidates will:

·  Understand Fundamental Concepts in Retirement Planning:
Grasp the importance of starting retirement savings early, associated risks, and emotional aspects.

·  Learn the Retirement Planning Process:
Evaluate client situations, set goals, and monitor retirement plans effectively.

·  Master the Features and Benefits of the National Pension System (NPS):
Understand the working, subscription process, and tax aspects of NPS.

·  Evaluate Fund Performance and Select Suitable Products:
Analyze returns, assess risks, and match products to investor needs.

·  Apply Retirement Planning Strategies:
Develop approaches like periodic investments, bucket strategies, and automated investments.

·  Navigate Special Retirement Situations:
Address issues such as debt obligations and create effective documentation.

·  Understand Regulatory Frameworks:
Learn about regulations governing retirement advisers, PFRDA's role, and ethical practices.

Course Details:

• NISM exam registration fees not included in the above mention Course Fee.
• PPTs (600+ Slides), 700+ MCQs and PDFs for practice (mock exams & mock paper shared for self-practice).
• Sessions would cover doubt solving from the Mock Exams.
• Online Interactive Session for the practice on software’s required in particular module

Eligibility:

The NISM-Series-XVII: Retirement Adviser Certification Examinationis suitable for:

·  Associated Professionals:

• Proprietors, partners, and representatives of retirement advisers registered under PFRDA (Retirement Adviser) Regulations, 2016.
• Employees involved in providing retirement advisory services in compliance with PFRDA regulations.
• Professionals handling retirement planning, fund selection, and client advisory roles.

·  Aspiring Individuals:

• Candidates pursuing 10th, 12th, undergraduate, or postgraduate studies with an interest in retirement planning and advisory services.
• Wealth managers, financial planners, and investment advisors seeking to specialize in retirement advisory.
• Individuals aiming to understand retirement planning strategies, NPS features, and regulatory requirements to enhance their professional skills.

Curriculum Overview: NISM-Series-XVII: Retirement Adviser Certification

Module I: Fundamental Concepts in Retirement Planning

Understand the need for retirement planning, financial concepts, emotional aspects, and the risks of underestimating retirement goals.

Module II: Financial Markets and Investment Products

Explore asset classes, their returns and risks, asset allocation, and how macroeconomic factors influence investments.

Module III: Retirement Planning

Learn to evaluate client situations, set goals, invest during accumulation and post-retirement stages, and manage risks in the distribution phase.

Module IV: National Pension System (NPS)

Understand NPS features, subscription process, investment, and tax benefits.

Module V: Fund Evaluation and Selection

Analyze returns, benchmarks, and risks to evaluate performance and select funds aligned with retirement needs.

Module VI: Other Investment Products

Learn about mandatory and voluntary retirement products to diversify income sources.

Module VII: Retirement Planning Strategies

Implement strategies such as bridging corpus shortfalls, using tax advantages, and automating investments for consistent results.

Module VIII: Special Retirement Situations

Address retirement debt obligations and prepare documents for effective planning.

Module IX: Regulations and Regulators

Understand the regulatory framework, the role of PFRDA, ethical considerations, and grievance redress mechanisms.