Retirement Adviser Certification Examination

NISM-Series-XVII: Retirement Adviser Certification Examination

Revised Launch of NISM-Series-XVII: Retirement Adviser Certification Examination w.e.f. April 24, 2024.

 This examination seeks to create a common minimum knowledge benchmark for individuals, proprietors, partners and representatives of a retirement adviser registered under PFRDA (Retirement Adviser) Regulations, 2016. The certification aims to enhance the quality of services provided by a retirement adviser in the financial services industry.

 On successful completion of the examination, the candidate should:

• Know the fundamental concepts in Retirement Planning and the various investment products
• Learn about the Retirement Planning Process
• Understand the features and benefits of National Pension System.
• Know the various evaluation tools and fund selection.
• Understand the strategies useful to investors in executing their retirement plan.
• Know the implications of specific situations of retirement planning and the ways to manage them.
• Know about regulatory structure and regulations which govern the activities of the retirement adviser

Assessment Structure:

This is a computer-based examination with multiple-choice questions. The examination consists of 100 questions of 1 mark each adding to 100 marks. The examination should be completed in 2 hours. There shall be negative marking of 25% of the marks assigned to the question for each wrong answer. The passing score for this NISM series examination is 60 marks.

Test Details:

Name of Examination: NISM-Series-XVII: Retirement Adviser Certification Examination

* Negative marking–25% of the marks assigned to the question.
+ Payment gateway charges extra.
# Passing Certificate will be issued only to those candidates who have furnished/updated their Income Tax Permanent Account Number (PAN) in their registration details.