Exam Name: Financial Planning II (FPII)
Certification Provider: CSI
Corresponding Certification: Canadian Securities Course
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Updated: Oct 08, 2026
No. of Questions: 62 Questions & Answers with Testing Engine
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- Total Questions: 62
- Updated on: Oct 08, 2026
- Price: $69.98
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- Total Questions: 62
- Updated on: Oct 08, 2026
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PDF Practice Q&A's
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- Total Questions: 62
- Updated on: Oct 08, 2026
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CSI Financial Planning II (FPII) Sample Questions:
What factors are used for calculating contributions to an individual pension plan?
- A. Annual contributions required to fund the plan must be calculated based on the age of the employee, their earnings history and the benefit formula.
- B. Annual contributions required to fund the plan must be calculated based on the age of the employee, the benefit formula and amount of business profits available.
- C. Annual contributions are based on the employee's unused registered retirement savings plan deduction room plus 18% of their earned income from the previous year.
- D. Annual contributions are based on the lesser of 18% of the employee's salary paid by the employer or half the limit for money purchase plans.
Correct Answer: A 🗳️
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Jo and Jordan have recently married. This is their second marriage, and they are planning to buy a cottage together. Their primary concern is leaving each of their interest to their respective children from their previous marriages. Which tenancy structure is their real estate lawyer likely to recommend?
- A. Common.
- B. Freehold.
- C. Fee simple.
- D. Joint.
Correct Answer: A 🗳️
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A Canadian resident, age 57, is self-employed and earns $74,000 in yearly income. The year's basic exemption and maximum pensionable earnings are $3,500 and $61,600, respectively. Assuming a contributory rate of 5.45%, how much will the resident pay in Canada Pension Plan premiums (rounded to the nearest dollar)?
- A. $6,333.
- B. $3,166.
- C. $6,714.
- D. $3,357.
Correct Answer: A 🗳️
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Firm YHZ is looking to hire an analyst that specializes in fundamental analysis and have been presented with the following candidates:
Analyst
Specialty/Evaluation Method
Annabelle
Analyzing investor behaviours
Boris
Studying past stock prices and volumes
Charles
Estimating stock value using economic factors
Dakota
Examining stock charts and identifying patterns and trends
Who will firm YHZ likely hire for this purpose?
- A. Boris.
- B. Charles.
- C. Annabelle.
- D. Dakota.
Correct Answer: B 🗳️
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In November 2018, Leon put his former wife Betty on notice that her current child support payments were insufficient and that he would be seeking an increase. From what date may a retroactive change to child support apply?
- A. November 2015.
- B. November 2016.
- C. November 2017.
- D. November 2013.
Correct Answer: A 🗳️
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