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Institute
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The Institute



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CFP® designation holders are exempt from the four pre-requisite courses, and are only required to successfully complete Advanced Concepts in Tax & Law for Personal Planning (course 255), Tax & Legal Principles for Business and their Owners (course 256), and Advanced Estate Planning (course 257) in order to obtain their CLU designation.

We offer a unique CLU advanced education program for accountants. Accountants with a CLU designation are able to serve a wider range of clients and respond better to changing client demands.

Pre-requisite Learning
  1. Financial Planning Foundations – FP241
  2. Taxation and Investment Planning – FP242
  3. Retirement Income Planning – FP243
  4. Insurance and Estate Planning – FP244
CLU Designation Program Core Courses
  1. Advanced Concepts in Tax & Law for Personal Planning – 255
  2. Tax & Legal Principles for Business and their Owners – 256
  3. Advanced Estate Planning – 257

Pre-requisite Learning:

Financial Planning Foundations – FP241 This course introduces the fundamentals of personal financial planning. Students will be expected to acquire an understanding of the concepts and applications associated with time value of money financial calculations and the analysis of personal financial statements. In addition, the course includes an analysis of government sponsored programs such as Registered Education Savings Plans and Tax Free Savings Accounts. This course concludes with a discussion of the fundamentals of economics and investing as they relate to key areas of financial planning.

Taxation and Investment Planning – FP242
This course begins with an introduction to basic income tax laws, followed by a more advanced study of tax planning in the context of both personal and business situations. Students will gain an in-depth knowledge of various business structures, and evaluate those structures from a legal, tax, and financial planning perspective. Additionally, the course includes a thorough discussion of investment products including investments in stocks, bonds, mutual funds, exchange traded funds, and segregated funds as well as the application of those products in various investment strategies.

Retirement Income Planning – FP243
This course is designed to provide students with a detailed understanding of the principles and applications related to retirement income planning. Students will develop an in-depth knowledge of government benefit programs such as the Canada Pension Plan and Old Age Security, as well as employer-sponsored registered plans such as defined benefit and defined contribution pension plans. Finally, the course provides a comprehensive analysis of Registered Retirement Savings Plans and Registered Retirement Income Funds within the context of retirement planning and establishing retirement goals and objectives.

Insurance and Estate Planning – FP244
This course begins with legal fundamentals and the basics of family law, including the implications of relationship breakdown, support obligations, and title to property. Risk management fundamentals are discussed in the context of life, living benefits, and property and casualty insurance. Students will gain a working knowledge of the advantages, disadvantages, and income tax implications of various insurance products. The course concludes with an estate planning discussion including the use of trusts, wills, powers of attorney, and concepts and principles related to the taxation of a deceased taxpayer.

Advanced Concepts in tax & Law for Personal Planning – 255
This course focuses on wealth transfer and estate planning strategies for individuals and families. Descriptions of law and tax structures lead to discussions on applicable financial planning approaches for individuals and families.

Tax & Legal Principles for Business and their Owners – 256
This course focuses on wealth transfer and estate planning strategies for businesses and business owners.

Advanced Estate Planning – 257
This course is the culmination of all the courses in the CLU program. The course is designed to help financial advisors hone their skills in working with the client to develop a comprehensive estate plan that addresses all of the client's objectives and obligations.