IFPAS approves two financial courses for SkillsFuture credit

Both courses are approved for the Base Tier of SkillsFuture.

The Insurance and Financial Practitioners Association of Singapore (IFPAS) announced that the High Net Worth (HNW) Certification and Fellow Chartered Financial Practitioner (FChFP) Certification are now eligible for the SkillsFuture Credit.

Both courses are approved for the Base Tier of SkillsFuture, where a $500 opening SkillsFuture Credit is available. A one-time top-up was also provided to those aged 25 and above in 2020, which will expire at the end of the year.

In addition, the HNW Certification and FChFP Certification are also eligible for the Institute of Banking and Finance Singapore (IBF) Standards Training Scheme (IBF-STS) funding up to 70%.