Chartered Retirement Advisor (CRA)

Chartered Retirement Advisor (CRA) is a specialized qualification program offered by Equalifi. CRA Designation demonstrates a professional’s commitment to advising on retirement-related topics. To qualify for the CRA designations, financial professionals must complete a course of study encompassing pre-and post-retirement needs, asset management, estate planning and the entire retirement planning process using models and techniques from real client situations and last but not the least the qualifying exam.

CRA qualification covers the essentials of financial planning, retirement planning, retirement methodologies, estate planning and retirement tools and calculators in an Indian context. This Certificate is designed to upskill financial advisors and wealth managers so that they can provide broader retirement planning advice, recognize and accommodate client complexity and meet evolving client needs.

CRA qualification will ensure that a candidate not only understands the range of retirement planning tools and products that are available in the market but also the right concepts while developing his behavior and conduct required to successfully navigate a complex regulatory landscape.

Topics Covered:

  • Introduction to Financial Planning
  • Retirement Planning
  • Government and Employer Retirement Plans
  • Retirement Planning Methodology
  • Tax issues for Retirees
  • General Retirement Principles
  • Investment Planning & Asset Allocation
  • Tools & Calculators
  • Estate Planning
  • Designing optimal retirement income streams
  • Fiduciary, ethical and regulatory issues for advisors

Reference Book/Study Material
The Suggested/Recommended reference book for this course are:

i. Retire Wealthy- Easy Strategies for All
Author- Ms.Madhu Sinha

ii. Financial Planning- A Ready Reckoner
Author- Ms. Madhu Sinha

iii. The Only Financial Planning Book
Author- Mr. Amar Pandit

iv. Let’s Talk Money
Author- Ms. Monika Halan

Exam Details

Equalifi is offering the CRA examination on an external, remote-proctored platform. Candidates can schedule an exam by paying the exam fee. Once the exam fee payment is done and exam registration is confirmed, the exam platform sends out the exam link by email to the candidates. Candidates can appear for the exam anytime any day within the next 1 year through this exam link from any place. Candidates need a good internet connection and a functional camera on their PC/ Laptop to appear for this exam.

CRA EXAM STRUCTURE

Sr. No. Name of Module Type of Questions Test Duration No. of Questions Maximum Marks Pass Marks (%) Negative Marking
1

Chartered Retirement Planner (CRA)

 MCQ 2 Hrs 100 100 50 20%

Candidate Audit:

Equalifi will randomly audit a percentage of applications on a regular basis. Candidates will be responsible for providing the requested supporting documentation to verify their education and professional background as mentioned in the registration form. Equalifi’s practice is not to contact employers or educational institutions to obtain verification documentation on the candidate’s behalf. Failure to comply with the audit, falsification or misrepresentation of requested information and/or any unprofessional conduct will result in denial/cancellation of the exam registration and/or revocation of the program certificate. Candidates subject to audit will be notified by e-mail and will have 10 business days to respond. Once selected for audit, candidates will be required to satisfy the audit requirements before being able to receive the final certificate. Failure to comply with the audit will result in forfeiting all fees. Additionally, a candidate who does not comply with the audit will be subject to audit if reapplying for a future testing window.

Fee Details:

Exam Fee: INR 3,540
*Fee mentioned is inclusive of GST. Exam fee is applicable for each attempt.

Exam Preparatory Material

You can access the course tutorial recordings and study material on the Equalifi Membership Portal. Set up your free Equalifi Virtual Membership account here

Register for Exam

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