LO 6.1.1: Examine a financial planning engagement for relevant elements defined in the CFP Board Code of Ethics and Standards of Conduct.

Question 1

What 2 standards must be upheld in all instances (review 1.1.2)

Answer 1

Code of Ethics and Standards of Conduct

Question 2

What types of client engagements do Fiduciary Duty and Managing Conflicts of Interest apply to (review 1.1.2)

Answer 2

When giving Financial Advice and Planning

Question 3

What type of client engagements require the Code of Ethics, Standards of Conduct, Fiduciary Duty, and Managing Conflicts of Interest, and Practice Standards to be upheld (review 1.1.2)

Answer 3

Financial planning