Those already enrolled in some courses will now have just months to take exams
Canadian wealth professionals seeking to gain qualifications in the mutual funds or life insurance industries will have a more limited choice as a major provider has announced it will close.
The IFSE Institute, a subsidiary of the Investment Funds Institute of Canada, is winding down its operations and will stop taking students for its range of courses from the end of this month (March 31, 2025).
“Following a thorough evaluation of the industry landscape, IFSE Institute has made the difficult decision to wind down our operations after many years of dedicated service in providing financial education. We would like to thank our students, clients, partners, and employees,” the organization said in a statement.
For those already enrolled in courses for mutual fund or exempt market proficiency, they are being advised to “schedule a date and time as soon as you feel ready” for your exams. Those who are registered by the end of this month will have until June 20, 2025, to complete their studies.
For new students, from the end of March, they can register with the Canadian Securities Institute for equivalent courses. CSI is part of Moody’s.
For students wanting to study the Life License Qualification Program (LLQP), the IFSE Institute is transitioning them to SeeWhy Learning (SWL) which will now handle the entire certification process, including providing manuals and administering certification exams.
Those already studying for their LLQP certification with the IFSE Institute will have until June 15, 2025, to complete their studies before being transferred to SWL.
