D-9.2, r. 13 - Regulation of the Chambre de la sécurité financière respecting compulsory professional development

Section 3 Disposition versions

2012-09-01

3. As of 30 November 2006, a representative referred to in section 1 must, between that date and 30 November 2007, and for any 24-month period thereafter, take part in training activities recognized by the Chamber in accordance with Division III consisting of at least 10 PDUs from among the following general subjects:

(1)  management of a financial services firm;

(2)  Civil Code;

(3)  accounting;

(4)  economics;

(5)  finance;

(6)  business planning for clients;

(7)  business planning for representatives;

(8)  financial planning;

(9)  tax planning;

(10)  actuarial sciences;

(11)  legislative environment;

(12)  intestate and testamentary succession.

During that period, the representative must also take part in training activities recognized by the Chamber having the following additional PDUs:

(1)  10 PDUs in subjects pertaining to compliance with standards, ethics or business conduct; and

(2)  10 PDUs in subjects specific to each sector listed in the first paragraph of section 1, for each sector for which the representative is authorized to act under the certificate:

(a)  insurance of persons:

i.  client counselling;

ii.  underwriting or risk management;

iii.  disability insurance;

iv.  life insurance;

v.  trusts;

vi.  risk management in insurance of persons;

vii.  underwriting in insurance of persons;

viii.  accident or health insurance plans;

ix.  segregated funds;

x.  strategy of wealth accumulation and use;

xi.  financial needs analysis;

xii.  deferred income plans;

xiii.  mutual funds;

xiv.  investor profile and asset allocation;

xv.  investment strategy;

xvi.  retirement and estate planning;

xvii.  guaranteed investment certificates and linked notes;

(b)  group insurance of persons:

i.  client counselling;

ii.  underwriting or risk management;

iii.  disability insurance;

iv.  life insurance;

v.  group insurance and group pension plans;

vi.  benefits and underwriting in group insurance and group annuity plans;

vii.  setting up a group insurance and group annuity program;

viii.  preparing a rate schedule and analyzing group insurance and group annuity quotes;

ix.  preparing a group insurance and group annuity recommendation;

x.  public and private plans;

xi.  processing group insurance claims;

xii.  mutual funds;

xiii.  guaranteed investment certificates and linked notes;

(c)  group savings plan brokerage, investment contract brokerage and scholarship plan brokerage:

i.  client counselling;

ii.  underwriting or risk management;

iii.  retirement and estate planning;

iv.  trusts;

v.  segregated funds;

vi.  strategy of wealth accumulation and use;

vii.  scholarship plans;

viii.  concepts of investment contracts;

ix.  investment products;

x.  derivatives;

xi.  financial needs analysis;

xii.  deferred income plans;

xiii.  mutual funds;

xiv.  investor profile and asset allocation;

xv.  investment strategy;

xvi.  guaranteed investment certificates and linked notes.

O.C. 1010-2006, s. 3.