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01 November 2022 | Story Leonie Bolleurs | Photo Supplied
Henda Kleingeld, Programme Director of the Postgraduate Diploma in Business Administration (PGDIP) in Financial Planning, is incredibly proud of the candidates who ranked top five in the CFP® Professional Competency Examination.

To become a Certified Financial Planner (CFP®), a candidate with a Postgraduate Diploma in Financial Planning or a BCom (Honours) in Financial Planning must, among others, pass the Professional Competency Examination (PCE) of the Financial Planning Institute of Southern Africa (FPI).

It was recently announced that the top five CFP® Professional Competency Examination candidates (for the June 2022 examinations) are alumni of the School of Financial Planning Law (SFPL) at the University of the Free State (UFS).

On the right trajectory

According to Henda Kleingeld, Programme Director of the Postgraduate Diploma in Financial Planning Law in the Faculty of Law’s SFPL, they are incredibly proud of the candidates. 

“Being rated as the top five PCE candidates indicates that we are on the right trajectory with the outcomes and assessments for our diplomas. If the top five PCE candidates are alumni of the SFPL – we are doing something right.  We have made many changes in our approach to financial education, and it seems like it is paying off.”

“We now need to ensure that we provide our students with the proper academic background and support to continue to excel.  This will seal our status as the oldest and one of the leading educational providers of financial planning education in the country,” Kleingeld adds.

Confidence in the qualification

The PCE sets candidates on the path towards becoming certified financial planners. The online exam consists of two case studies that test the candidates’ financial planning skills, knowledge, and competent performance in the defined competency areas for financial professionals.

In its Professional Competency Examination Policy, the FPI states that there are six Financial Planning components: Financial Management, Asset Management, Risk Management, Tax Planning, Retirement Planning, and Estate Planning. It strives to prepare professional competency examinations that will provide candidates with the opportunity to demonstrate core or professional competence at a standard appropriate for entry into the financial planning profession.

According to the FPI, the CFP® qualification – an internationally recognised standard for financial planning professionals – gives consumers confidence that the financial planner they are dealing with is suitably qualified to provide advice and information and gives the assurance that they remain up to date with developments in the industry.

First academic institution to offer diploma 
Kleingeld says the SFPL was the first academic institution in South Africa to offer the Postgraduate Diploma in Financial Planning, and financial education has been its main focus and passion over the past 20 years.

“Keeping up with industry trends is very important to us. Our team of academics and industry experts assists us with maintaining a balance between the academic requirements and how they are translated into the workplace,” she explains.

Kleingeld is of the opinion that the graduates who have passed their qualifications are doing exceptionally well in the industry, with many prominent industry leaders being alumni of the UFS SFPL.  “The school has a reputation in the industry as forward-thinking and innovative. We keep our fingers on the pulse of industry developments, which get incorporated into our curriculum.” 

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Kovsie Alumni honoured
2011-09-05

 

Kovsie Cum Laude winner Maurice Carpede shows his award. With him is Naude de Klerk(left), Kovsie Alumni Chairperson. 
Photo: Foto 24

Dr John Purchase, Chief Executive of the Agricultural Chamber of Commerce, was honoured as Kovsie Alumnus of the Year by the University of the Free State (UFS) during the annual Kovsie Alumni Awards Dinner on 2 September 2011. Dr Purchase and four other former Kovsies were honoured for exceptional achievements and contributions made to the UFS at this glittering event.

The well-known columnist Mr Willem Theron who writes columns for Beeld and Volksblad, was honoured with the Kovsie Ambassador Award. Another well-known Kovsie, the radio and television personality Mr Maurice Carpede was honoured with the Kovsie Cum Laude Award. Carpede shares this award with Mr Koert Pretorius, Chief Executive of Mediclinic South Africa, they received the award jointly. Mr Arie van der Bijl, retired Financial Director of the UFS, was honoured with the Alumnus Award for exceptional service delivered to the UFS.
 
Dr Purchase, who was unable to attend the award ceremony, expressed his appreciation in a pre-recorded message. He said that Kovsies taught him how to be a leader. Theron, a marketer for the Kovsie Alumni Trust who received the Centenary Medal from the UFS in 2004, said in his acknowledgement speech that he feels humbled by this award. He said Kovsies became both his home and his family.
 
Both Carpede and Pretorius mentioned the impact Kovsies had on their lives. Carpede said he became a Kovsie in the years of transition, a time when words like “whites only” were printed on some doors, but despite all of that, he learnt that not all whites were bad. Pretorius, who was honoured for his contribution to private healthcare in the country, said that Kovsies were the key that unlocked several doors for him.  

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