CFP Hong Kong study plan

Build a one-page formula sheet covering present value, future value, annuity, and real return calculations, then solve 20 numerical problems without notes

Map the risk-return relationship across cash, bonds, equities, and alternatives, and write a 150-word comparison of standard deviation versus beta as risk measures

Explain the mechanics of collective investment schemes and exchange-traded funds available in Hong Kong, including fee structures and tracking difference

Draft a client-facing explanation of asset allocation and rebalancing that avoids jargon

Apply modern portfolio theory concepts to construct two sample portfolios for different risk profiles and justify each weight

Analyse the role of bonds and interest-rate sensitivity by computing duration effects on a sample portfolio

Compare active versus passive management using fee drag and tax drag arguments

Identify behavioural biases that distort investment decisions and match each to a mitigation technique

Outline the financial planning process from engagement through monitoring and state the purpose of each stage

Interpret the CFP Board-style ethical standards and apply them to three short conflict-of-interest scenarios

Distinguish between disclosure, consent, and fiduciary duty in advisory relationships

Draft a sample engagement letter clause covering scope, compensation, and conflicts

Practise a full-length mixed question set under timed conditions and log every error by domain and cause

Build a personal statement of financial position and cash flow statement from a hypothetical client fact pattern

Compute key ratios including savings ratio, debt-to-asset ratio, and emergency fund coverage, then interpret each

Identify when insurance planning intersects with ethical practice, such as suitability and replacement of policies

Compare life insurance product types and match each to a stated client need

Calculate human life value and needs-based capital requirements for two sample families

Explain the taxation and treatment of insurance proceeds in the Hong Kong context at a conceptual level

Evaluate disability and critical illness cover adequacy against a client's liabilities

Map the structure of Hong Kong salaries tax, including progressive rates versus standard rate and allowances

Compute provisional tax and identify common pitfalls in estimating liabilities

Explain the treatment of employment benefits, share awards, and retirement scheme contributions at a conceptual level

Describe the territorial basis of profits tax and how source of profits is determined

Compare retirement vehicles available in Hong Kong and explain contribution, vesting, and withdrawal mechanics

Project retirement funding needs using inflation-adjusted replacement ratios and identify the funding gap

Outline the components of a valid will and the role of probate in Hong Kong

Distinguish intestacy rules from testamentary disposition and describe trust structures used in wealth transfer

Identify estate duty considerations for cross-border families at a conceptual level

Complete two timed full-length practice exams and compare scores to the week 4 baseline

Re-teach the five weakest topics from memory in written summaries without reference material

Review all flagged uncertain items and resolve or formally mark them as knowledge gaps

Finalise an exam-day plan covering time allocation per domain and question-skipping rules