Certified Financial Planner (CFP) Exam 2026 – 400 Free Practice Questions to Pass the Exam

The correct answer is that continuing education is not explicitly listed as a principle of the Board of Standards Code of Ethics. The principles are designed to guide the professional conduct of financial planners and include elements such as integrity, fairness, and diligence.

Integrity serves as a foundational element, emphasizing honesty and maintaining the trust of clients. Fairness focuses on treating all clients justly and without bias, ensuring equity in all dealings. Diligence represents the commitment to thoroughness and attention to detail in providing services to clients, reflecting the planner's dedication to their responsibilities.

While continuing education is an important aspect of professional development for financial planners and is often emphasized in standards and regulations, it is not categorized as a principle within the Code of Ethics itself. Rather, continuing education is viewed as a means to adhere to these core principles, ensuring that professionals remain competent and updated on the industry standards and knowledge essential for effective practice.