FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 1

ANNUAL REPORT.indd 1 4/30/2010 12:38:09 PM Achieve Success!

CM

The symbol The symbol of excellence of achievement in Financial Planning

Benefits of becoming a CERTIFIED FINANCIAL PLANNERCM Professional hYour credentials demonstrate trust amongst the financial consumers worldwide. hYou become a coach and problem solver. hYour services are sought by banks, insurance, mutual fund and other companies belonging to the financial industry from India and abroad. hYour career and professional development opportunities are enhanced through Cross Border opportunities in twenty three countries such as USA, Canada, Singapore, Australia, China, France, Germany, Japan, UK etc. hYou join the league of the best Financial Planning professionals worldwide and become a part of a professional community which has high potential for growth. hYour professional standards reflect your enhanced social status. hYour Financial Planning knowledge is recognized by media and you get opportunities to be quoted, offer advice through various Media Vehicles.

CFPCM Certification Global excellence in Financial Planning

Head Office: Financial Planning Standards Board India Regional Office: 702, 7th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), 916, Indra Prakash Building, 21, Barakhamba Road, Connaught Place, - 400059 Phone : +91 22 6171 2424 Fax : +91 22 6171 2444 110 001.Tel.: +91 11 6546 7168, +91 11 2375 3689. Email : [email protected] www.fpsbindia.org Email : [email protected] www.fpsbindia.org

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 2

ANNUAL REPORT.indd 2 4/30/2010 12:38:09 PM Between You and Me

Date: 29th April, 2010

Dear Friend,

The last fi nancial year, 2009-2010, had been eventf ul, and in spite of dwindling senti ments, in the beginning of the year, in view of a global slowdown; the economy sti ll managed to move back to the growth trajectory. There are now hopes of setti ng new benchmarks of economic growth and being able to move towards sustained double digit growth levels in the coming years.

With respect to fi nancial advisory profession too, there have been a lot of developments in the last year, which would help shape the directi on, build the structure and set the standards, for delivery of ethical and unbiased advisory, based on the standards of accountability and Fiduciary Responsibility.

Owing to its robust standards of educati on, examinati on, experience and ethics, CFP ceti fi cati on is clearly emerging as an aspirational qualifi cati on; to meet the need gap in fi nancial advisory domain, worldwide amongst professionals engaged/wishing to get engaged,in delivery of fi nancial advisory to the consumers. The number of the CFP Professionals increased globally by 6.4% to 126,016 in the last year.

In India, the number of CFPCM certi fi cants crossed 1,000-mark and increased by 45% during FY2009-10, to reach 1,049. The proclivity of the young in India towards att aining experti se in Financial Planning is implicit in the fact that more than a fi ft h of theCM CFP certi fi cants are under 30 years of age. A majority, over 40%, however, are in the age group 30-40 years, which also underlines their experience of at least 5 years in the fi nancial services industry. Nearly 10,000 people underwent examinati ons for AFP/ CFPCM certi fi cati on during the year with a success rate of more than 53%. The success rate showed an upward shift by 10% during 2009-10. We would conti nue with our eff orts to percolate CMCFP certi fi cati on within the Financial Advisory universe (both practi sing and aspiring) in the country.

Driving Conti nuous Educati on for CFPCM certi fi cants remains a key acti vity for FPSB India. FPSB India conducted events and held a series of Financial Planning Practi ce Management Workshops at prominent locati ons in the country. A wide array of topics related to Financial Planning Practi ce was covered under these workshops. These workshops also provided a platf orm for healthy discussions on contemporary issues and for updati ng CFPCM certi fi cants on the best practi ces in the industry. In the last year FPSB India also conducted a HR Summit which received a healthy parti cipati on from the leading professionals in the Industry. This summit served to be a networking platf orm for promoti ng CFPCM certi fi cants to the senior HR professionals and recruiters from across the country.

FPSB India conti nues to work closely with the regulators, for the development of the Financial Planning profession and has been releasing several research/white papers in this regard. The last year also witnessed the august visit of Mr. C.B. Bhave, Chairman-Securiti es and Exchange Board of India (SEBI) to the offi ce of FPSB India. This was primarily to interact with the staff members of FPSB India, to know the working of FPSB India and also to understand the role of CFPCM Certi fi cati on program in the development of ethical advisory benefi tti ng public at large.

We are also glad to share with you that FPSB India received a Tier I Affi liate Ranking for CFPCM certi fi cati on program from Global Standards- Setti ng Body, FPSB Ltd., in the recently concluded Assessment and was placed amongst their top affi liates. The objecti ve of this assessment was to ensure that CFPCM certi fi cati on program is managed in a manner that best promotes the Financial Planning profession and protects consumers of Financial Planning in India. FPSB India’s commitment to rigorous global standards for the Program and the state-of-the-art examinati on system to simultaneously test candidates across the country were specially appreciated among other deliverables suchas Governance, compliance mechanism for Certi fi cati on and Recerti fi cati on, etc.

In the coming year we would conti nue with our eff orts to scale up the Financial Planning movement in the country, and work closely with all the stakeholders for further augmentati on of Financial Planning Profession in the country, and refocus the acti viti es in tune with the consumer needs. We look forward to your support in our eff orts to unify the Financial Planning profession in the country, built around the globally accepted standards, and benefi tti ng all.

Warm Regards,

ranjeet s Mudholkar Principal Advisor and Member-Board of Directors, FPSB India

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 3

ANNUAL REPORT.indd 3 4/30/2010 12:38:10 PM CONTENT

1. Membership / CFPCM Professional Statistics 6

2.Communications / Public Awareness 10

3.Examination 41

4. Charter Member-wise numbers of CFPCM Certificants 47

5. Education 49

6. Continuous Education 51

7. Ethics and Discipline / Practice Standards Marks Promotion / Protection 52

8. Events 53

9. List of Board of Directors 57

10. List of Charter Members of FPSB India 58 ㄰

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FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 4

ANNUAL䍏乔䕎吠偁䝅 REPORT.indd 4 4/30/2010 12:38:10 PM 䙲楤慹Ⱐ䅰物氠㌰Ⱐ㈰㄰‱㈺㌷㨲㐠偍 sPeCiAl releAse

Financial Planning Standards Board India Receives Top Ranking for CFPCM certi fi cati on Program from Global Standards-Setti ng Body

Financial Planning Standards Board India (FPSB India), a Public – Private Enterprise and a Professional Standards-Setti ng body, received a top-ti er ranking in a recent assessment of its CERTIFIED FINANCIAL PLANNERCM certi fi cati on program from Financial Planning Standards Board (FPSB), owner of the CFP, CERTIFIED FINANCIAL PLANNER and CFP Logo marks outside the United States. The Tier-I rati ng is testi mony to FPSB India’s sustained eff orts in improving systems and procedures to comply with global best practi ces for CFP certi fi cati on programs, as well as to its leadership in promoti ng fi nancial planning in India. Major acti viti es evaluated in the Assessment include Governance, Ethics, Examinati on, Certi fi cati on & Recerti fi cati on, Resources, Educati on, Brand Management, Stakeholder Outreach and Trademark.

FPSB India, which joined as an Affi liate member of FPSB in 2002, has built the fi nancial planning movement brick-by-brick in India. Widely considered the global symbol of excellence in fi nancial planning, CFP certi fi cati on is the program of choice for competent and ethical fi nancial planners in 23 countries and territories around the world. More than 126,000 CFP professionals have met rigorous competency, ethics and practi ce standards and CFP certi fi cati on requirements, qualifying them to develop fi nancial planning strategies that assist clients in achieving their fi nancial and life goals. Some of the insti tuti ons in India have pledged to endorse CFP certi fi cati on as a desirable credenti al for their fi nancial advisors.

Ranjeet S. Mudholkar, Principal Advisor & Member, Board of Directors, FPSB India stated, “We are very thankful to all our stakeholders for helping us to build such a robust foundati on for the CFP certi fi cati on in India. Excellence in all we do has always been our primary focus, and it certainly feels great to be acknowledged for the same by the preeminent internati onal standards-setti ng body.”

Noel Maye, CEO, FPSB, stated, “Our assessors are extremely impressed by FPSB India’s commitment to our rigourous global standards for CFP certi fi cati on, and by FPSB India’s use of state-of-the-art computer technology to deliver the CFP certi fi cati on exam simultaneously to candidates across India. We congratulate FPSB India for earning our top-ti er rati ng for its CFP certi fi cati on program.”

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 5

ANNUAL REPORT.indd 5 4/30/2010 12:38:10 PM 1. Membership / CFPCM Professional Statistics

1. Number of CFPCM certificants and change since March 2009 Number at end of Number at end of Category Percentage growth March, 2010 March, 2009 CFPCM certificants 1049 724 44.89 Student 17299 13934 24.15 AFP 645 422 52.84 Corporate 50 49 2.04

2. Demographic information on CFPCM certificants Gender Number Percentage of Total Male 882 84.08 Female 167 15.92

Age Number Percentage of Total No age given 0 -- 20-29 219 20.88 30-39 426 40.62 40-49 299 28.50 50-59 91 8.67 60+ 14 1.33

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 6

ANNUAL REPORT.indd 6 4/30/2010 12:38:10 PM Membership / CFPCM Professional Statistics

Years of Experience Number of CFPCM Professionals Percentage of Total 0-5 337 32.13 6-10 353 33.65 11-15 124 11.82 16-20 123 11.73 20+ 112 10.67 No experience given 0 --

Student Member Enrollment Statistics 2009 - 10 Enrollments

Term Apr- 09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Total

Total 752 137 185 231 213 259 274 247 295 210 292 270 3365

enrollments & Growth Rate (Year-wise) Enrollment Year No of Enrollments Growth Rate 2002 -2003 284 NA 2003 -2004 684 140.85 2004 -2005 852 24.56 2005 -2006 1608 88.73 2006-2007 2443 51.87 2007-2008 4196 71.75 2008-2009 3867 (7.90) 2009-2010* 3365 (12.98) Total 17299 * (As of March 31, 2010)

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 7

ANNUAL REPORT.indd 7 4/30/2010 12:38:11 PM Membership / CFPCM Professional Statistics

CM Statistics of CFP certificants: As on 31st March, 2002 : Nil

CM st Details of CFP certificants’ statistics: 31 March, 2003 As on 31st March, 2003 : 39 Independent Corporate Not* CFPCM certificants Others (O) Total Eligible Spl. Case# Grand Total Practitioners (I) Executives (C) Eligible Grandfatherees (GF) 8 (GFI) 24 (GFC) 7 (GFO) 39 1 -- 39

Education Provider (EP) ------Challenge Status (CS) ------Total 8 24 7 39 1 -- 39

Details of CFPCM certificants’ statistics:st 31 March, 2004 As on 31st March, 2004 : 82 Independent Corporate Not* CFPCM certificants Others (O) Total Eligible Spl. Case# Grand Total Practitioners (I) Executives (C) Eligible

Grandfatherees (GF) 8 (GFI) 66 (GFC) 8 (GFO) 82 1 -- 82 Education Provider (EP) ------Challenge Status (CS) ------Total 8 66 8 82 1 -- 82

Details of CFPCM certificants’ statistics:st 31 March, 2005 As on 31st March, 2005 : 129 Independent Corporate Not* CFPCM certificants Others (O) Total Eligible Spl. Case# Grand Total Practitioners (I) Executives (C) Eligible

Grandfatherees (GF) 9 (GFI) 85 (GFC) 8 (GFO) 102 1 -- 102 Education Provider (EP) 19 (EPI) 5 (EPC) 2 (EPO) 26 -- 1 27 Challenge Status (CS) ------Total 28 90 10 128 1 1 129

Details of CFPCM Certificants’ statistics: 31st March, 2006 As on 31st March, 2006 : 163 Independent Corporate Not* CFPCM certificants Others (O) Total Eligible Spl. Case# Grand Total Practitioners (I) Executives (C) Eligible

Grandfatherees (GF) 6 (GFI) 80 (GFC) 6 (GFO) 92 1 15 107 Education Provider (EP) 23 (EPI) 23 (EPC) 7 (EPO) 53 1 3 56 Challenge Status (CS) ------Total 29 103 13 145 2 18 163

Details of CFPCM Certificants’ statistics: 31st March, 2007 As on 31st March, 2007 : 282 Independent Corporate Not* CFPCM certificants Others (O) Total Eligible Spl. Case# Grand Total Practitioners (I) Executives (C) Eligible

Grandfatherees (GF) 6 (GFI) 62 (GFC) 6 (GFO) 74 1 33 107 Education Provider (EP) 53 (EPI) 83 (EPC) 18 (EPO) 154 1 10 164 Challenge Status (CS) -- 11 (CSC) -- 11 -- -- 11 Total 59 156 24 239 2 43 282

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 8

ANNUAL REPORT.indd 8 4/30/2010 12:38:11 PM Membership / CFPCM Professional Statistics

Details of CFPCM certificants’ statistics:st 31 March, 2008 As on 31st March, 2008 : 475

Independent Corporate Not* CFPCM certificants Others (O) Total Eligible Spl. Case# Grand Total Practitioners (I) Executives (C) Eligible

Grandfatherees (GF) 6 (GFI) 62 (GFC) 6 (GFO) 74 1 33 107 Education Provider (EP) 93 (EPI) 143 (EPC) 26 (EPO) 262 3 77 339 Challenge Status (CS) 4 (CSI) 24 (CSC) 1 (CSO) 29 1 0 29 Total 103 229 33 365 5 110 475

Details of CFPCM certificants’ statistics:st 31 March, 2009 As on 31st March, 2009 : 1129

Independent Corporate Total Fees Fees Not Spl. Not* Grand CFPCM certificants Others (O) Practitioners (I) Executives (C) Eligible Paid Paid Case# Eligible Total

Grandfatherees (GF) 5 (GFI) 58 (GFC) 7 (GFO) 70 55 15 1 37 107 Education Provider (EP) 131 (EPI) 401 (EPC) 51(EPO) 583 453 130 3 303 886 Challenge Status (CS) 10 (CSI) 118 (CSC) 7 (CSO) 135 87 48 4 1 136 Total 146 577 65 788 595 193 8 341 1129

Details of CFPCM certificants’ statistics:st 31 March, 2010 As on 31st March, 2010 : 2041 Fees Not Independent Corporate Fees for FY 2009-10 Others Total Paid Spl. Not* Grand CFPCM certificants Practitioners Executives (O) Eligible Recd. Recd. As on Case# Eligible Total Before After Total Date (I) (C) 31st Mar 09 31st Mar 09

Grandfatherees (GF) 4 (GFI) 51 (GFC) 1 (GFO) 56 9 46 55 1 51 51 107 Education Provider (EP) 282 (EPI) 586 (EPC) 10 (EPO) 878 13 780 793 85 106 745 1623 Challenge Status (CS) 28 (CSI) 263 (CSC) 1 (CSO) 292 1 200 201 91 18 19 311 Total 314 900 12 1226 23 1026 1049 177 175 815 2041

# Included in Total Eligible and considered in paid category

* Not Eligible Candidates are those who have passed all the 5 Examinations but are not eligible for CFPCM Certification due to inadequate Experience, incomplete documents and non payment of fees for the previous year.

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 9

ANNUAL REPORT.indd 9 4/30/2010 12:38:11 PM 2. CoMMuNiCATioNs/PubliC AwAreNess

Media & Pr update

FPSB India conducted mass awareness campaigns on Financial Planning issues and promoti on of the CFPCM Mark in leading nati onal & Business Magazines. The following are the clippings, which were published during the period of 1 April 2009 – 31 March 2010.

DireCT CliPPiNGs For The MoNTh oF APril 2009

DireCT CliPPiNGs For The MoNTh oF APril 2009 s/No. Date headline Publicati on 1 30-Apr-09 Importance of Financial Planning Times of India 2 29-Apr-09 Go for index funds that are traded on exchanges 3 26-Apr-09 Don’t think stocks are more risky than bonds Sunday Times 4 26-Apr-09 A much-needed relief 5 26-Apr-09 Plan well for them Business Standard 6 26-Apr-09 Go for your Financial Goals Dalal Street Journal 7 24-Apr-09 Importance of Financial Planning Economic Times 8 23-Apr-09 Importance of Financial Planning Times of India 9 22-Apr-09 The Ladder trick to get regular returns Outlook Money 10 20-Apr-09 Benefi t from Volati lity Indian Express 11 19-Apr-09 Financial Literacy Business Standard 12 19-Apr-09 Go off the Beaten Track Business Standard 13 18-Apr-09 Second level' medi claim may be a healthy opti on Economic Times 14 17-Apr-09 Key to building Wealth: Book profi t regularly in stock market Business Standard 15 17-Apr-09 What the rich have but we don’t DNA Money 16 16-Apr-09 Secure your Kids' Future Money Today 17 16-Apr-09 A Financial cause for the Rebel Money Today 18 15-Apr-09 Co FDs woo investors with higher interest, analysts advise cauti on Times of India 19 15-Apr-09 Nudging yourself to clear fi nancial clutt er MINT 20 13-Apr-09 MF agents rush to upgrade skills DNA Money 21 13-Apr-09 Insuring your family Times 22 12-Apr-09 Bright but not so beauti ful Business Standard 23 12-Apr-09 Get rid of the clutt er Business Standard 24 12-Apr-09 Teach your children well Business Standard 25 12-Apr-09 Financial Literacy Business Standard 26 10-Apr-09 Say goodbye to storage cost, wealth tax on gold Business Standard 27 5-Apr-09 Financial Literacy Business Standard 28 5-Apr-09 Sell stocks, travel abroad… Business Standard 29 5-Apr-09 Crossing the hurdles Business Standard 30 5-Apr-09 Confusion about the Golden years Business Standard 31 5-Apr-09 Never borrow to invest Sunday Times 32 4-Apr-09 Rich or Poor - its all in your mind DNA Money

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 10

ANNUAL REPORT.indd 10 4/30/2010 12:38:11 PM Communicati ons/Public Awareness

iNDusTrY CliPPiNGs For The MoNTh oF APril 2009 s/No. Date headline Publicati on 1 30-Apr-09 Financial Planning: Products for women Money Today 2 29-Apr-09 Gold ETFs make golden sense DNA Money 3 27-Apr-09 Reap the benefi ts of fi nancial planning Free Press Journal 4 27-Apr-09 Keep costs at bare minimum Indian Express 5 26-Apr-09 Tailor portf olio to risk appeti te Hindu 6 22-Apr-09 Plan your taxes early for stress-free fi nancial year Financial Chronicle 7 22-Apr-09 Go make your own fi nancial plan DNA Money 8 21-Apr-09 ICICI direct unveils new scheme Asian Age 9 15-Apr-09 Don’t ignore the old warhorse - PPF DNA Money 10 12-Apr-09 Market rally shouldn’t alter strategy Hindu Business Line 11 12-Apr-09 Small wonder Economic Times 12 12-Apr-09 Be an early bird to reap benefi ts of tax planning Economic Times 13 10-Apr-09 Rescue your fi nancial plans Asian Age 14 8-Apr-09 It makes sense to fi le your tax returns early DNA Money 15 6-Apr-09 Set your goals and prepare a roadmap for life 16 2-Apr-09 Fruits of perseverance Money Today 17 1-Apr-09 9 things to do this fi nancial year DNA Money 18 9-Apr Watch where it goes DNA ME

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 11

ANNUAL REPORT.indd 11 4/30/2010 12:38:12 PM Communications/Public Awareness Communications/Public Awareness

DIRECT CLIPPINGS FOR THE MONTH OF MAY 2009

Interview with Mr. Ranjeet Mudholkar S/No. Date Headline Publication 1 18-May-09 Become a Financial Planner Indian Express 2 3-May-09 Pension Tension Financial Express

Financial Planning Standards Board India receives ISO 9001:2008 Standard S/No. Date Headline Publication 1 23-May-09 FPSB India receives ISO 9001:2008 Standard Vyapar 2 18-May-09 Financial Planning Standards Board India receives ISO 9001:2008 Standard Mumbai Lakshadeep 3 18-May-09 Financial Planning Standards Board India receives ISO 9001:2008 Standard Sanjwarta 4 16-May-09 ISO 9001:2008 Standard Samachar Jagat 5 16-May-09 FPSB India receives ISO Evening Plus 6 16-May-09 FPSB India receives ISO Mahanagar Times 7 16-May-09 ISO 9001:2008 received Aaj 8 16-May-09 ISO standard for FPSB India Swatantra Chetna 9 16-May-09 Financial Planning Standards Board India receives ISO 9001:2008 Standard 10 15-May-09 FPSB India receives ISO Mahaka Bharat 11 15-May-09 Financial Planning receives ISO 9001:2008 Standard Rajasthan Statement 12 15-May-09 FPSB India receives ISO News Today 13 15-May-09 Financial Planning Board receives ISO 14 15-May-09 FPSB India receives ISO Standard 15 15-May-09 FPSB receives ISO 16 14-May-09 Financial Planning Standards Board India receives ISO 9001:2008 Standard Uttar Bhoomi 17 14-May-09 Financial Planning Standards Board India receives ISO 9001:2008 Standard Loksatta 18 14-May-09 FPSB receives ISO 9001:2008 Standard 19 14-May-09 Financial Planning Standards Board India receives ISO 9001:2008 Standard Hukumnama 20 14-May-09 Financial Planning Standards Board India receives ISO 9001:2008 Standard Sandesh 21 14-May-09 Financial Planning Standards Board India receives ISO 9001:2008 Standard Jansatta 22 14-May-09 FPSB India receives ISO 9001:2008 standard Yugmarg 23 14-May-09 Financial Planning Standards Board India receives ISO 9001:2008 Standard Sambhav 24 13-May-09 Financial Planning India receives ISO Standard Pehli Khabar 25 13-May-09 Financial Planning Standards Board receives ISO 9001:2008 Standard Suryakal 26 13-May-09 Planning Standard receives ISO Standard Pudhari 27 13-May-09 Financial Planning Standards Board receives ISO 9001:2008 Standard Kesari

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 12

ANNUAL REPORT.indd 12 4/30/2010 12:38:12 PM Communications/Public Awareness Communications/Public Awareness

OTHERS S/No. Date Headline Publication 1 31-May-09 Sipping success Economic Times 2 31-May-09 Financial Literacy Business Standard 3 31-May-09 New kids on the block Business Standard 4 31-May-09 Cover and Corpus Business Standard 5 31-May-09 Investing amid conflicting signals Business Standard 6 31-May-09 Asset allocation and diversification via MFs 7 29-May-09 Asset allocation and diversification via MFs Economic Times 8 28-May-09 Asset allocation and diversification via MFs Times of India 9 28-May-09 Financial Planning: Rites of Succession Money Today 10 28-May-09 Untangle your Financial Mess Money Today 11 27-May-09 Financial planning for both Mr. Stock and Mr. Bond MINT 12 24-May-09 Financial Literacy Business Standard 13 24-May-09 Travel Insurance Claims Business Standard 14 24-May-09 Courage with Caution Business Standard 15 20-May-09 Five concepts you need to understand while investing MINT 16 20-May-09 Ready to Take Off Outlook Money 17 18-May-09 Poll result a silver lining Hindustan Times 18 18-May-09 Start-up ventures - The Right Strategy MINT 19 17-May-09 For your Health Business Standard 20 17-May-09 ELSS best investment option over 3-5 years Mumbai Mirror 21 17-May-09 Financial Literacy Business Standard 22 17-May-09 Fix your Deposits Business Standard 23 17-May-09 Passing on values with wealth Business Standard 24 16-May-09 Passion begets wealth DNA Money 25 15-May-09 ELSS best investment option over 3-5 years Economic Times 26 14-May-09 ELSS best investment option over 3-5 years Times of India 27 13-May-09 How much should you save? MINT 28 11-May-09 Money is a choice, too MINT 29 10-May-09 SIP's the best option for wary small investors Mumbai Mirror 30 10-May-09 Financial Literacy Business Standard 31 10-May-09 Conflict management Business Standard 32 10-May-09 Lifecycle Investing Through NPS Business Standard 33 8-May-09 SIP's the best option for wary small investors Economic Times 34 7-May-09 SIP's the best option for wary small investors Times of India 35 6-May-09 Is the new pension system really that cheap? MINT 36 6-May-09 Wait & watch before parking money in NPS, say analysts Times of India 37 5-May-09 What sets the rich apart from others? DNA Money 38 5-May-09 Time not ripe for home buying Business Standard 39 3-May-09 Too Simple Too Little Business Standard 40 3-May-09 Financial Literacy Business Standard 41 3-May-09 Mutual funds could be your best option Mumbai Mirror 42 3-May-09 Saving Grace Business Standard 43 3-May-09 Planning for the future Business Standard 44 1-May-09 Mutual funds could be your best option Economic Times

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 13

ANNUAL REPORT.indd 13 4/30/2010 12:38:12 PM Communicati ons/Public Awareness Communicati ons/Public Awareness

iNDusTrY CliPPiNG For The MoNTh oF MAY 2009 s/No. Date headline Publicati on 1 27-May-09 An interest-free loan can invite gift tax DNA Money 2 25-May-09 Home Truths MINT 3 24-May-09 Inclusive plan to reach goal Hindu Business Line 4 24-May-09 A Turnaround Financial Express 5 20-May-09 Financial planning- The Right Mix Outlook Money 6 20-May-09 Safe Money Sound Returns Outlook Money 7 19-May-09 Temper excitement with discipline, experts warn Indian Express 8 14-May-09 A structured approach Money Today 9 13-May-09 The new pension scheme is a taxing propositi on DNA Money 10 11-May-09 You are your best planner Free Press Journal 11 11-May-09 Will this rally sustain? Indian Express 12 10-May-09 Focus On Returns Business Standard 13 9-May-09 iFast Financial launches MF distributi on platf orm Hindu Business Line 14 6-May-09 Set your own goals, work towards them DNA Money 15 4-May-09 Insurance is not a good investment opti on Hindu Business Line 16 1-May-09 Surviving Times DNA ME

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 14

ANNUAL REPORT.indd 14 4/30/2010 12:38:12 PM Communications/Public Awareness Communications/Public Awareness

DIRECT CLIPPINGS FOR THE MONTH OF JUNE 2009

Profiling - Mr. Ranjeet Mudholkar / FPSB India S/No. Date Headline Publication 1 29-Jun-09 SEBIs no-load directive will empower investors Hindustan Times 2 15-Jun-09 Demand soaring for financial planners Financial Chronicle 3 10-Jun-09 Course in financial planning HT Horizons

Ahmedabad Press Conference S/No. Date Headline Publication 1 25-Jun-09 FPSB course receives recognition from financial service industry Bhoomi 2 25-Jun-09 Good opportunities for Wealth Management sector 3 24-Jun-00 Knowledge academy - Ahmedabad Akila 4 22-Jun-09 Financial Planning Standards Board Rakhewal 5 22-Jun-09 Regulators proposed for financial advisors Hindu Business Line 6 22-Jun-09 Knowledge academy - Ahmedabad Navgujrat Times 7 22-Jun-09 Knowledge academy 'CFP' curriculum at par with global standards Sanj Samachar 8 22-Jun-09 FPSB course receives recognition from financial service industry Gandhinagar Samachar 9 21-Jun-09 Certified planners can make India a nation of investors Gujarat Vaibhav 10 21-Jun-09 SEBI directive to drive out bogus agents Sandesh 11 21-Jun-09 Service sector contributed 56% to GDP Ahmedabad Mirror 12 21-Jun-09 Financial Planning to help achieve individual goals Western Times 13 21-Jun-09 Knowledge academy 'CFP' curriculum at par with global standards Dhabkar 14 20-Jun-09 CFP' curriculum at par with global standards Prabhat 15 20-May-09 Five concepts you need to understand while investing MINT 16 20-Jun-09 FPSB course receives recognition from financial service industry Saurashtra Bhoomi 17 20-Jun-09 National Income getting spread evenly: Ranjeet Mudholkar Vadodara Samachar 18 20-Jun-09 Good opportunities for Financial Planners 19 20-Jun-09 Savings can turn into Investments through CFP 20 20-Jun-09 99% investors, invest in mutual fund without knowledge 21 20-Jun-09 FPSB course receives recognition from financial service industry Jansatta 22 20-Jun-09 FPSB India seeks regulators for financial advisors Business Standard 23 20-Jun-09 Knowledge Academy aims at nation of investors Times of India 24 20-Jun-09 CFP' curriculum at par with global standards Jaihind 25 20-Jun-09 Knowledge academy to open six more centers across India DNA

FPSB India receives ISO 9001:2008 Standard S/No. Date Headline Publication 1 2-Jun-09 FPSB India receives ISO 9001:2008 Standard Adhikar 2 26-May-09 FPSB India receives ISO 9001:2008 Standard Rajasthan Patrika 3 24-May-09 FPSB India receives ISO 9001:2008 Standard Adhikar 4 21-May-09 FPSB India receives ISO 9001:2008 Standard Rajasthan Patrika

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 15

ANNUAL REPORT.indd 15 4/30/2010 12:38:12 PM Communicati ons/Public Awareness Communicati ons/Public Awareness

oThers s/No. Date headline Publicati on 1 30-Jun-09 Relief for those who make it possible DNA Money 2 29-Jun-09 Double income Double dhamaka Economic Times 3 29-Jun-09 MFs more att racti ve Hindustan Times 4 28-Jun-09 Financial Literacy Business Standard 5 28-Jun-09 New order in Mutual funds Business Standard 6 28-Jun-09 Reality check on Realty Business Standard 7 28-Jun-09 Slowdown kit Economic Times 8 25-Jun-09 Talking Heads Money Today 9 24-Jun-09 Rati onalize commission for insurance agents too Mint 10 22-Jun-09 A single life Economic Times 11 21-Jun-09 Always have a back up fund for emergencies Sunday Times 12 21-Jun-09 When the ti me is right Business Standard 13 21-Jun-09 Financial Literacy Business Standard 14 21-Jun-09 Smaller, but signifi cant Business Standard 15 18-Jun-09 Financial planning services lack proper vigil: Govt panel Financial Chronicle 16 17-Jun-09 Turning a page Outlook Money 17 15-Jun-09 Ride the bull, safely Hindustan Times 18 15-Jun-09 Mapping the future Mint 19 15-Jun-09 what should his fi nancial strategy be? Mint 20 14-Jun-09 Some relief for the elderly Business Standard 21 14-Jun-09 Financial Literacy Business Standard 22 8-Jun-09 Revisit your EMIs Hindustan Times 23 7-Jun-09 The diff erence between investi ng and planning Sunday Times 24 7-Jun-09 Read my ULIP Economic Times 25 7-Jun-09 Fixing your focus Business Standard 26 7-Jun-09 Financial Literacy Business Standard 27 7-Jun-09 Make long term moves for maximum returns Mumbai Mirror 28 5-Jun-09 Make long term moves for maximum returns Economic Times 29 4-Jun-09 Make long term moves for maximum returns Times of India 30 3-Jun-09 The next chapter Outlook Money 31 3-Jun-09 Compensati on claim: Satyam shareholders, watch very carefully Mint 32 3-Jun-09 My plan Outlook Money 33 1-Jun-09 6 good habits to pick up during the slowdown Marie Claire

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iNDusTrY CliPPiNGs For The MoNTh oF juNe 2009 s/No. Date headline Publicati on 1 29-Jun-09 How good is your employers gratuity policy? Indian Express 2 28-Jun-09 Reti rement: Myths and realiti es Financial Express 3 25-Jun-09 Litt le room for leniency in rates DNA Money 4 22-Jun-09 Realty check Mint 5 22-Jun-09 Time for a checklist Mint 6 22-Jun-09 Like a doe caught in the headlights Indian Express 7 21-Jun-09 Face off HT Brunch 8 19-Jun-09 Positi ve move Financial Chronicle 9 18-Jun-09 Financial advisors not fully regulated Business Standard 10 17-Jun-09 Tax-fi ling this ti me a tad more taxing DNA Money 11 15-Jun-09 Striking a balance between being fearful and greedy Free Press Journal 12 14-Jun-09 An adviser (mine) is charged with fraud Financial Express 13 11-Jun-09 Evaluati ng mutual funds a research-based task Times of India 14 10-Jun-09 For best returns, forget your money DNA Money 15 10-Jun-09 Miscellany DNA 16 10-Jun-09 Free Seminar Mumbai Mirror 17 8-Jun-09 Extreme soluti ons Indian Express

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DIRECT CLIPPINGS FOR THE MONTH OF JULY 2009

Profiling - Mr. Ranjeet Mudholkar / FPSB India S/No. Date Headline Publication 1 6-Aug-09 Get the right advice now Money Today 2 6-Aug-09 Putting theory into practice Money Today 3 29-Jul-09 Between the Lines: Eye on Long-term gains Outlook Money 4 20-Jul-09 Insurance Master Loksatta 5 7-Jul-09 Quote: I-T exemption under Sec 80 E Hindustan Times

Monika Halan , cfpcm (aUTHORED ARTICLES) S/No. Date Headline Publication 1 29-Jul-09 Expense Account: Financial Products and the circle of wealth Mint 2 22-Jul-09 Expense Account: Wealth Managers for rural India, Anyone? Mint 3 15-Jul-09 Expense Account: Mindset or Luck; what makes people rich? Mint 4 7-Jul-09 Expense Account: Budget 2009 aims at achieving trident goals Mint 5 7-Jul-09 FM's cash transaction from India to Bharat DNA Money 6 1-Jul-09 Expense Account: Of exploding toasters and sugared 'sandesh' Mint

OTHERS S/No. Date Headline Publication 1 7-Aug Look beyond FY11 earnings Outlook Profit 2 6-Aug-09 Do you need a Planner? Money Today 3 6-Aug-09 Financial Advice: My Experiments with truth Money Today 4 6-Aug-09 How to choose the right adviser Money Today 5 31-Jul-09 Empowering the fair entrepreneurs Franchising World 6 30-Jul-09 Debt's the way to keep risks but let return, liquidity have a say too Economic Times 7 30-Jul-09 MFs rush to declare dividends Mint 8 29-Jul-09 Stick to your debt plans: Experts Times of India 9 29-Jul-09 My Plan - Steadfast in his focus Outlook Money 10 27-Jul-09 Betting on Equity Business World 11 26-Jul-09 Are index schemes best way to secure your future Mumbai Mirror 12 26-Jul-09 Financial Literacy Quiz Business Standard 13 26-Jul-09 Additional Details in tax returns Business Standard 14 26-Jul-09 Making insurers explain costs Business Standard 15 26-Jul-09 Gain Game: Weigh risk opting for a theme or sector Economic Times 16 25-Jul-09 Heartburn for advisors on ULIP charge cap Times of India 17 24-Jul-09 Are index schemes best way to secure your future Economic Times 18 23-Jul-09 Are index schemes best way to secure your future Times of India 19 20-Jul-09 Towards A New Dawn Economic Times 20 20-Jul-09 Insurance Master Loksatta 21 20-Jul-09 We are enabling customers to make their own decisions' Indian Express 22 19-Jul-09 Fixed deposits are not always better than stocks Sunday Times 23 19-Jul-09 Fret not on stocks Business Standard

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OTHERS Cond.... S/No. Date Headline Publication 24 19-Jul-09 Take care of details while filing returns Business Standard 25 19-Jul-09 Financial Literacy Quiz Business Standard 26 17-Jul-09 MF's hard-shell equity funds before load ban kicks in Economic Times 27 15-Jul-09 Take control of your banking life Outlook Money 28 15-Jul-09 Take control of your future plans Outlook Money 29 15-Jul-09 Take control of your funds Outlook Money 30 15-Jul-09 My Plan - The Right Strategy Outlook Money 31 13-Jul-09 Invest all or a part of the Budget windfall Indian Express 32 13-Jul-09 Attractive Teaser Rates Indian Express 33 12-Jul-09 Debt funds too carry risk, keep tabs on interest rates Mumbai Mirror 34 12-Jul-09 They are never too young to learn about money Sunday Times 35 12-Jul-09 Financial Literacy Quiz Business Standard 36 12-Jul-09 Get past the budget hype Business Standard 37 11-Jul-09 Ask the Expert Times of India 38 8-Jul-09 Your investment in debt turns risky now Times of India 39 7-Jul-09 Token income-tax reliefs middle class disappointed Hindustan Times 40 6-Jul-09 Be conservative in home buy Hindustan Times 41 6-Jul-09 Look beyond the rating Indian Express 42 6-Jul-09 Tame their volatility Indian Express 43 5-Jul-09 MFs, the most hassle-free option to invest in gold Mumbai Mirror 44 5-Jul-09 Insure your aging parents Sunday Times 45 5-Jul-09 After the Big B Business Standard 46 5-Jul-09 Financial Literacy Quiz Business Standard 47 3-Jul-09 MFs, the most hassle-free option to invest in gold Economic Times 48 2-Jul-09 Why abolishing entry loads could backfire DNA Money 49 2-Jul-09 MFs, the most hassle-free option to invest in gold Times of India 50 1-Jul-09 Trouble with EET is the silence DNA Money 51 1-Jul-09 My Plan - On a new journey Outlook Money

INDUSTRY CLIPPING FOR THE MONTH OF JULY 2009 S/No. Date Headline Publication 1 7-Aug-09 Feeling the blues Outlook Profit 2 7-Aug-09 Is there a revival of retail intrest in the market? Outlook Profit 3 7-Aug-09 Tackling Money Stress Society 4 6-Aug-09 Nothing New on Offer Money Today 5 6-Aug-09 Problem of Plenty Money Today 6 6-Aug-09 More harm than help Money Today 7 6-Aug-09 Don’t Avoid this Cost Money Today 8 29-Jul-09 Tracking performance as important as investing Times of India 9 28-Jul-09 Can't file returns by July 31? DNA 10 27-Jul-09 Reining in the cost genre Indian Express 11 24-Jul-09 Simple steps to make filing tax returns smoother DNA 12 20-Jul-09 Repayment defaults become worrying for financiers here too Mint 13 20-Jul-09 The argument against index funds Indian Express 14 22-Jul-09 Why electronic filing has faltered DNA Money 15 15-Jul-09 Learning from past mistakes Outlook Money

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iNDusTrY CliPPiNG For The MoNTh oF julY 2009 Cond.... s/No. Date headline Publicati on 16 14-Jul-09 Wealth managers smell big bucks in succession planning Financial Chronicle 17 8-Jul-09 Something draconic replaces FBT? DNA Money 18 7-Jul-09 Hand he showed, hand he didn't DNA Money 19 7-Jul-09 7 changes in personal tax Mint 20 7-Jul-09 Small business do not have to do book-keeping Financial Chronicle 21 7-Jul-09 More money Indian Express 22 6-Jul-09 Buy insurance at the post offi ce Indian Express 23 6-Jul-09 Weight wise, money smart Mint 24 6-Jul-09 Penny saved, is penny earned Economic Times 25 6-Jul-09 Everything you need to know about Educati on Mint 26 5-Jul-09 Budget ti me Financial Express 27 1-Jul-09 Trouble with EET is the silence DNA Money 28 July The Midas Touch Marie Claire

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DIRECT CLIPPINGS FOR THE MONTH OF AUGUST 2009

Monika Halan , cfpcm (aUTHORED ARTICLES) S/No. Date Headline Publication 1 26-Aug-09 Expense Account: The broker goes for broke. Season two Mint 2 19-Aug-09 Expense Account: Does bonus reduce motivation to work? Mint 3 12-Aug-09 Expense Account: This independence day, each can easily free two Mint 4 5-Aug-09 Expense Account: How to minimize risk in the circle of wealth Mint

OTHERS S/No. Date Headline Publication 1 9-Sep-09 Borrow Smart Outlook Money 2 9-Sep-09 Adjusting to Life Outlook Money 3 31-Aug-09 Choose your fixed income investments wisely Indian Express 4 31-Aug-09 Save now so you can play golf after 60 Indian Express 5 30-Aug-09 Estate planning a must to avoid inheritance of loss Mumbai Mirror 6 30-Aug-09 Financial Literacy Business Standard 7 30-Aug-09 Fix your income with securities Economic Times 8 30-Aug-09 E-filing needs more facilitation Business Standard 9 29-Aug-09 Importance of Financial planning Midday (Gujarat) 10 28-Aug-09 Estate planning a must to avoid inheritance of loss Economic Times 11 27-Aug-09 How to handle pay arrear bonanza Financial Chronicle 12 27-Aug-09 Estate planning a must to avoid inheritance of loss Times of India 13 26-Aug-09 Learn from past mistakes for a secure future Economic Times 14 25-Aug-09 Drought proof your portfolio Indian Express 15 23-Aug-09 Make the paper work The week (The wallet ) 16 23-Aug-09 Money and you: Spend Bend Economic Times 17 23-Aug-09 Financial Literacy Business Standard 18 23-Aug-09 The Best time to write your will Sunday Times 19 23-Aug-09 Not the best of both worlds Business Standard 20 23-Aug-09 NRI's keen on riding the Indian investment wave Mumbai Mirror 21 22-Aug-09 Mastering money matters Times of India 22 21-Aug-09 NRI's keen on riding the Indian investment wave Economic Times 23 21-Aug-09 Health care cost can be killing, so get yourself a medical cover DNA Money 24 19-Aug-09 Company debentures offer better returns than bank FD's Financial Chronicle 25 17-Aug-09 Riding the bull charge Business Standard 26 17-Aug-09 Live life king size Economic Times 27 16-Aug-09 Don’t stack up money, invest for best returns Mumbai Mirror 28 16-Aug-09 Quote by Vivek Karwa, A certified Financial Planner, Hindu Business Line 29 16-Aug-09 Financial Literacy Business Standard 30 15-Aug-09 First get real then go dream Hindustan Times 31 14-Aug-09 Never borrow to buy stocks; go by fundamentals, not price Business Standard 32 14-Aug-09 Don't stack up money, invest for best returns Economic Times 33 13-Aug-09 Don't stack up money, invest for best returns Times of India 34 10-Aug-09 After entry - load hit, MF distributors try new fee models DNA Money 35 10-Aug-09 Beware of Mis- selling Financial Express

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oThers Cond.... s/No. Date headline Publicati on 36 9-Aug-09 Net yields may sti ll be low Business Standard 37 9-Aug-09 Is index- aping lucrati ve ? Business Standard 38 9-Aug-09 Financial Literacy Business Standard 39 5-Aug-09 Business educati on counselling Loksatt a 40 3-Aug-09 Have you built a robust debt portf olio Indian Express 41 2-Aug-09 Indian Money on a global tour Business Standard 42 2-Aug-09 When the going is good, plan for the bad Sunday Times 43 2-Aug-09 Financial Literacy Business Standard 44 Aug Making of a fi nancial planner Franchising World

iNDusTrY CliPPiNG For The MoNTh oF AuGusT 2009 s/No. Date headline Publicati on 1 31-Aug-09 Home truths, Rupee wise Mint 2 31-Aug-09 Adviser Speak Economic Times 3 30-Aug-09 Financial Mistakes doctors make Hindu Business Line 4 30-Aug-09 Right asset allocati on and shuffl ing mix hold key to maximising returns Economic Times 5 30-Aug-09 Financial Guidance Dalal Street- Investment Journal 6 23-Aug-09 ETF's can shoulder heavy lift ing Hindu Business Line 7 21-Aug-09 Wealth managers who keep it all in the family Business Standard 8 19-Aug-09 When should you buy life Insurance ? DNA Money 9 17-Aug-09 Five Investment myths Indian Express 10 15-Aug-09 New freedom of fi nancial choice Hindustan Times 11 12-Aug-09 The diligent investor always nets a gain DNA Money 12 5-Aug-09 The great Indian ESOP fable DNA Money

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DIRECT CLIPPINGS FOR THE MONTH OF SEPTEMBER 2009

Mr. Ranjeet Mudholkar S/No. Date Headline Publication 1 4-Sep-09 Investor Protection Move: A Welcome step Hindustan Times 2 3-Sep-09 Want a wealth manger? You have limited choices Financial Chronicle

ONLINE S/No. Date Link Website http://www.mydigitalfc.com/news/want-wealth-manager-you-have-limited- 1 2-Sep-09 www.mydigitalfc.com choices-114

Monika Halan , cfpcm (aUTHORED ARTICLES) S/No. Date Headline Publication 1 30-Sep-09 What money really means to urban India Mint 2 23-Sep-09 Plan design, testing key to make money work for poor Mint 3 16-Sep-09 Zeros are heroes, but for villainous bond issuers Mint 4 9-Sep-09 Eating Chicken at the age of 80 with the help of RBI Mint 5 2-Sep-09 Why is this last rush of CEO greed in the US Mint

OTHERS S/No. Date Headline Publication 1 28-Sep-09 Take Special care Economic Times 2 28-Sep-09 Buy it Right Indian Express 3 28-Sep-09 Evaluating the current IPO opportunity Financial Express 4 28-Sep-09 Demand for CFP certification Indian Express 5 27-Sep-09 Thrift and festivals seldom go together Sunday Times 6 27-Sep-09 Financial Literacy Business Standard 7 23-Sep-09 Make it large Outlook Money 8 20-Sep-09 Economics of single Parenting Economic Times 9 20-Sep-09 Financial Literacy Business Standard 10 20-Sep-09 Analyze the deal first Business Standard 11 20-Sep-09 Looking for direction Business Standard 12 14-Sep-09 For those who prefer assured returns Indian Express 13 13-Sep-09 Looking closer at gold funds Business Standard 14 13-Sep-09 Financial Literacy Business standards 15 11-Sep-09 How critical is a critical illness cover DNA Money 16 10-Sep-09 Peer pressure and agents key to MF Buys, not financial Wisdom Financial Chronicle 17 10-Sep-09 Easy Financial Planning Money Life 18 7-Sep-09 Systematic Investments work well in MF scheme Economic Times 19 7-Sep-09 Making your savings go farther Indian Express 20 7-Sep-09 Overcoming the financial hurdle Indian Express 21 6-Sep-09 Nothing Personal Economic Times 22 6-Sep-09 Financial Literacy Business Standard

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oThers Cond.... s/No. Date headline Publicati on 23 6-Sep-09 The att racti on of NCD's Business Standard 24 6-Sep-09 Lessons to learn for investors Business Standard 25 6-Sep-09 Your Investment cost just got lower Business Standard 26 3-Sep-09 Systemati c Investments work well in MF scheme Times of India

iNDusTrY CliPPiNG For The MoNTh oF sePTeMber 2009 s/No. Date headline Publicati on 1 30-Sep-09 Buy the India story- you won't forget it DNA Money 2 28-Sep-09 Financial advisors, distributors set up fi rm to push their cause Business Standard 3 27-Sep-09 Financial Literacy Business Standard 4 23-Sep-09 Getti ng back on the right path Outlook Money 5 22-Sep-09 Asset allocati on: Key to investi ng Financial Chronicle 6 22-Sep-09 How to manage those who manage our money Financial Express 7 21-Sep-09 Deposits that work harder Indian Express 8 20-Sep-09 Take the baby steps Economic Times 9 17-Sep-09 Regulati ng fi nancial advisors Economic Times 10 16-Sep-09 New tax code a capital-gains shocker DNA Money 11 14-Sep-09 Play it safe wounds haven't really healed Times of India 12 13-Sep-09 Invest to fund your child's educati on Hindu Business Line 13 11-Sep-09 On a roll Mid-Day 14 9-Sep-09 More of the same Hindustan Times 15 9-Sep-09 Direct tax code will make TDS a serious issue DNA Money 16 3-Sep-09 Do Indian investment advisors need to be regulated Economic Times 17 1-Sep-09 The class ceiling Hindustan Times

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DIRECT CLIPPINGS FOR THE MONTH OF OCTOBER 2009

Ajay Srinivasan elected as the Chairman of Financial Planning Standards Board India (FPSB India) - Print S/No. Date Headline Publication 1 26-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Phulchaab 2 23-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Gujarat Times 3 22-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Sambhav 4 21-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Sandesh 5 21-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Gandhinagar Samachar 6 19-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Vyapar 7 17-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Lokmat 8 17-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman 9 15-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Power of Voice 10 15-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Dainik Hindmata 11 15-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Uttar Bhoomi 12 14-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman 13 14-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Loksatta 14 13-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Mahaka Bharat 15 12-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Sanjwarta 16 12-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Sanj Samachar 17 8-Oct-09 FPSB India appoints Mr Ajay Srinivasan as the Chairman Lokmat 18 8-Oct-09 New Board Chairman at FPSB Financial Chronicle 19 8-Oct-09 New Board Chairman at FPSB Kesari 20 8-Oct-09 New Board Chairman at FPSB Loksatta 21 7-Oct-09 Ajay Srinivasan elected as the Chairman of FPSB India

Ajay Srinivasan elected as the Chairman of Financial Planning Standards Board India (FPSB India) - Online S/No. Date Link Website 1 7-Oct-09 http://www.chennaiclips.com/business/business_news_inner.php?id=343 Chennaiclips.com

2 7-Oct-09 http://www.ibusinessweek.com/index.php?mod=article&cat=Biz%20News%20General&article=4864 Ibusinessweek.com

http://deccanbusiness.com/2009/10/ajay-srinivasan-elected-as-the-chairman-of-financial-planning- 3 7-Oct-09 Deccanbusiness.com standards-board-india-fpsb-india/

Monika Halan , cfpcm (aUTHORED ARTICLES) S/No. Date Headline Publication 1 28-Oct-09 Why you should plan for life after death Mint 2 21-Oct-09 What your Trash Bag Tells about You Mint 3 14-Oct-09 Warm glow of giving to appease conscience Mint 4 7-Oct-09 Of Schools, Money, Taxes, Statues and Handbags Mint

Monika Halan, cfpcm - online ARTICLES S/No. Date Link Website 1 21-Oct-09 http://www.livemint.com/2009/10/20221605/What-your-trash-bag-tells-abou.html Livemint.com http://www.livemint.com/2009/10/13222222/Warm-glow-of-giving-to-appease. 2 14-Oct-09 Livemint.com html 3 7-Oct-09 http://www.livemint.com/2009/10/06221752/Of-schools-money-taxes-stat.html Livemint.com

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OTHERS S/No. Date Headline Publication 1 29-Oct-09 Don't let dividend mislead you in picking an MF plan Financial Chronicle 2 27-Oct-09 Build a slump survival kit Economic Times 3 25-Oct-09 Financial literacy Business Standard 4 25-Oct-09 Not a child's play Business Standard 5 23-Oct-09 Secure the Sunset Years Economic Times 6 22-Oct-09 No Child's Play This Economic Times 7 22-Oct-09 Age-old confusion: When do you become a senior citizen? Business Standard 8 21-Oct-09 My Plan Outlook Money 9 20-Oct-09 The cake must grow bigger Indian Express 10 20-Oct-09 Index funds for the long run Indian Express 11 18-Oct-09 Make money your servant, not your boss Sunday Times 12 15-Oct-09 ULP: A savings policy with risk advantage Business Standard 13 15-Oct-09 Move your money, manage it better Business Standard 14 14-Oct-09 Opportunities in the financial sector Loksatta 15 13-Oct-09 Nothing comes risk-free Economic Times 16 12-Oct-09 Games insurance advisors play Indian Express 17 11-Oct-09 Utilising reward points Business Standard 18 11-Oct-09 Wasting Equity Opportunities Business Standard 19 11-Oct-09 Financial literacy Business Standard 20 10-Oct-09 Striking a Mutual Deal Economic Times 21 5-Oct-09 Get Cracking Indian Express 22 4-Oct-09 Exchange Rate and your portfolio Business Standard 23 4-Oct-09 The Return of FMPs Business Today 24 4-Oct-09 Discover your relationship with money Sunday Times 25 4-Oct-09 Gifting made unattractive Business Standard 26 4-Oct-09 Financial literacy Business Standard 27 3-Oct-09 No entry load a burden on small-time advisors Times Of India 28 1-Oct-09 Experts take: Time to exit fundamentally weak stocks Economic Times 29 Oct Sterling Returns Money Today 30 Oct For that rainy day Elle

INDUSTRY CLIPPING FOR THE MONTH OF october 2009 S/No. Date Headline Publication 1 28-Oct-09 Lessons from last year's meltdown DNA 2 26-Oct-09 Are you saving enough? Indian Express 3 21-Oct-09 Under new code, pay your tax upfront DNA 4 21-Oct-09 Wealth at your service Economic Times 5 21-Oct-09 Correct reckoning Outlook Money 6 14-Oct-09 Past record haunts advisors Times Of India 7 11-Oct-09 Financial advisors need to be qualified: Ajay Srinivasan Hindu Business Line 8 8-Oct-09 Ulip service to come cheap Economic Times 9 7-Oct-09 Spread your money to ensure peace of mind DNA 10 5-Oct-09 An investment - heavy plan Indian Express 11 5-Oct-09 Irda rejects plan to register all financial advisors Economic Times 12 Oct Hitting sixes in slog overs Money Today

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DIRECT CLIPPINGS FOR THE MONTH OF NOVEMBER 2009

Mr. Ranjeet Mudholkar - print S/No. Date Headline Publication 1 29-Nov-09 Do You Need a Planner Business Today 2 16-Nov-09 MFs on exchanges to boost sales, lower investor costs Hindustan Times

Mr. Ranjeet Mudholkar - ONLINE S/No. Date Link Website http://www.hindustantimes.com/rssfeed/markets/MFs-on-exchanges-to-boost- 1 16-Nov-09 Hindustantimes.com sales-lower-investor-costs/Article1-476724.aspx

Ajay Srinivasan appointed as the Chairman of FPSB India S/No. Date Headline Publication 1 21-Oct-09 Ajay Srinivasan appointed as the Chairman of FPSB India Uttam Hindu 2 21-Oct-09 Ajay Srinivasan appointed as the Chairman of FPSB India Dainik Tribune 3 21-Oct-09 Ajay Srinivasan appointed as the Chairman of FPSB India Pehli Khabar 4 21-Oct-09 Ajay Srinivasan appointed as the Chairman of FPSB India Hindustan

Monika Halan , cfpcm (aUTHORED ARTICLES) S/No. Date Headline Publication 1 25-Nov-09 Where's your stash of cash for contingencies? Mint 2 18-Nov-09 The trouble with bubbles: they're bursty Mint 3 4-Nov-09 Are you being nudged? The choice paradox Mint

OTHERS S/No. Date Headline Publication 1 30-Nov-09 Query Corner Economic Times 2 29-Nov-09 Dependents never need life insurance Sunday Times 3 29-Nov-09 Each penny counts Economic Times 4 29-Nov-09 Low investment, low returns Business Standard 5 29-Nov-09 Financial literacy Business Standard 6 27-Nov-09 Budget your savings, not just expenses Economic Times 7 26-Nov-09 Don't fall prey to tall claims of fin advisors Times of India 8 25-Nov-09 Reaped a windfall? Let pros help you invest it Economic Times 9 25-Nov-09 Trim down your cost by SIP Economic Times 10 24-Nov-09 Query Corner Economic Times 11 23-Nov-09 You needn't terminate an 'unwanted' policy Economic Times 12 23-Nov-09 Trading in funds Financial Chronicle 13 22-Nov-09 Financial Literacy Business Standard 14 22-Nov-09 When fees are better Business Standard 15 20-Nov-09 Online trading in MFs a welcome move DNA 16 19-Nov-09 Sasta' ULIPs: Low on charges, low on cover Business Standard 17 18-Nov-09 Stock brokers can trade in Mutual Funds Vyapar 18 18-Nov-09 A Career in Financial Planning Loksatta

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OTHERS Cond.... S/No. Date Headline Publication 19 18-Nov-09 Use Your Idle Cash to buy a House Economic Times 20 18-Nov-09 Query Corner Economic Times 21 18-Nov-09 My Plan Outlook Money 22 16-Nov-09 Looking Beyond the Border Mint 23 16-Nov-09 Are you adequately protected? Indian Express 24 15-Nov-09 Financial Literacy Business Standard 25 15-Nov-09 When opportunities don't present themselves Business Standard 26 15-Nov-09 Real Estate's Many Layers Business Standard 27 15-Nov-09 Ready with Plan B? Economic Times 28 15-Nov-09 Ready with Plan B? Economic Times 29 15-Nov-09 It takes guts to venture on your own Sunday Times 30 14-Nov-09 Get yourself insured first Hindustan Times 31 14-Nov-09 Buying a child plan? Hindustan Times 32 13-Nov-09 How to know if you need a financial planner DNA Money 33 12-Nov-09 Distributors not game yet for MF fee disclosure Economic Times 34 12-Nov-09 Indulge in sector funds, cautiously Business Standard 35 11-Nov-09 Free insurance' with your credit card may not be free Financial Chronicle 36 9-Nov-09 Choosing the right bond fund Indian Express 37 8-Nov-09 Financial Literacy Business Standard 38 8-Nov-09 Reduce interest, pay EMIs Business Standard 39 7-Nov-09 The glow must go on Economic Times 40 6-Nov-09 Switch in time saves ulips Economic Times 41 5-Nov-09 Glass stays half empty Economic Times 42 4-Nov-09 My plan Outlook Money 43 4-Nov-09 Looking beyond the borders Outlook Money 44 2-Nov-09 Health policy: Pick the right fit Economic Times 45 2-Nov-09 Invest Mint 46 1-Nov-09 Financial Literacy Business Standard 47 1-Nov-09 NFOs: Not the best way to invest Business Standard 48 1-Nov-09 Perfecting the perspective Business Standard 49 Nov Assessing Changes Money Today 50 Nov Ask expert The Week 51 Nov When to sell a fund Money Today

INDUSTRY CLIPPING FOR THE MONTH OF NOvember 2009 S/No. Date Headline Publication 1 27-Nov-09 NRI queries DNA 2 25-Nov-09 Your primer to house tax DNA 3 22-Nov-09 Plan policy Economic Times 4 14-Nov-09 Revisiting takeover roadmap Economic Times 5 14-Nov-09 Investing in your kid's future is no child's play Hindustan Times 6 11-Nov-09 Add MF to core portfolio Economic Times 7 9-Nov-09 Steer your finances, step by step Mint 8 4-Nov-09 51 things they won't tell Outlook Money 9 2-Nov-09 Financial advisers turning sub - brokers Financial Chronicle 10 1-Nov-09 Secure your child's future Business Today

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DIRECT CLIPPINGS FOR THE MONTH OF DECEMBER 2009

interaction with Mr. Ranjeet Mudholkar - print S/No. Date Headline Publication 1 24-Dec-09 Brokers give financial planners a run for their money Economic Times 2 Dec -09 Insurance Reforms :1999-2009 Premium

interaction with Mr. Ranjeet Mudholkar -ONLINE S/No. Date Link Website http://economictimes.indiatimes.com/markets/analysis/Brokers-give-financial- 1 24-Dec-09 Economic Times planners-a-run-for-their-money/articleshow/5371946.cms

interaction with Monika Halan, cfpcm (aUTHORED ARTICLES) S/No. Date Headline Publication 1 30-Dec-09 Shape of distribution market in years to come Mint 2 23-Dec-09 Removing the moving cost for portability Mint 3 16-Dec-09 The art of saying no to an investment Mint 4 9-Dec-09 Needed: An upgrade in financial services Mint 5 2-Dec-09 Mutual fund industry makeover: Season 2 Mint

OTHERS S/No. Date Headline Publication 1 30-Dec-09 Start early get rich Outlook Money 2 30-Dec-09 Invest in equity, liquid funds & let a term policy cover you Economic Times 3 28-Dec-09 Query corner Economic Times 4 28-Dec-09 Rules of the Game Economic Times 5 28-Dec-09 Do it yourself: get the agent and charges right Mint 6 28-Dec-09 Time for course correction Indian Express 7 27-Dec-09 Ringing in more changes Business Standard 8 27-Dec-09 Convert savings into wealth Sunday Times 9 27-Dec-09 Steering ahead of the taxman Business Standard 10 27-Dec-09 Financial Literacy Business Standard 11 25-Dec-09 Evaluate 'economic value' of your life while buying cover Economic Times 12 25-Dec-09 Reduce equities if nearing retirement Mint 13 25-Dec-09 Decoding the mutual fund name game Financial Chronicle 14 25-Dec-09 Query corner Economic Times 15 24-Dec-09 Know your risk appetite before buying a scheme Economic Times 16 23-Dec-09 Now, buy prime office space for just Rs 5 lakh Economic Times 17 23-Dec-09 Some investors lose out on market surge in '09 Times Of India 18 23-Dec-09 Build a portfolio with adequate debt-equity allocation Economic Times 19 21-Dec-09 Younger sibling's moment in the sun Indian Express 20 21-Dec-09 Query corner Economic Times 21 21-Dec-09 Diversified MFs: Don't cash out yet Times Of India 22 20-Dec-09 One teases, the other eases Business Standard

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oThers Cond.... s/No. Date headline Publicati on 23 20-Dec-09 Financial literacy Business Standard 24 20-Dec-09 Betti ng on the brand value Business Standard 25 18-Dec-09 Debt funds gain momentum in November Mint 26 18-Dec-09 Having dreams isn't enough, making them come true is the key Mint 27 18-Dec-09 A guide to investi ng in rookie funds Financial Chronicle 28 18-Dec-09 Myths that insurance agents use to win you over Economic Times 29 18-Dec-09 Query corner Economic Times 30 17-Dec-09 Query corner Economic Times 31 17-Dec-09 Money Matt ers Mint 32 17-Dec-09 Get the right advisor, see your investments grow Economic Times 33 17-Dec-09 Fortune Planner Mumbai Mirror 34 16-Dec-09 Expansion Curves Outlook Money 35 16-Dec-09 Aim for an equity-debt asset allocati on rati o of 60:40 Economic Times 36 15-Dec-09 Lest you leave 'em with a loan to worry about Economic Times 37 14-Dec-09 Query corner Economic Times 38 14-Dec-09 You can let ethics drive your MF investments Economic Times 39 14-Dec-09 In an emergency turn to gold Indian Express 40 13-Dec-09 Off ers that lead to despair Business Standard 41 13-Dec-09 Culti vate a taste for commoditi es Business Standard 42 13-Dec-09 Financial literacy Business Standard 43 13-Dec-09 Medical expenses can drain you Sunday Times 44 12-Dec-09 Are you being served? DNA 45 11-Dec-09 Query corner Economic Times 46 11-Dec-09 It won't cost much to live life on your 'terms' Economic Times 47 11-Dec-09 Common mistakes that careless investors make Economic Times 48 9-Dec-09 Add to equity assets regularly to beat reti rement blues Economic Times 49 8-Dec-09 Separated? Plan your fi nancial independence Economic Times 50 7-Dec-09 High-risk, high-returns play Indian Express 51 7-Dec-09 Debit trumps credit amid downturn Indian Express 52 7-Dec-09 Till money do us part Sunday Times 53 7-Dec-09 Query corner Economic Times 54 7-Dec-09 Will fund penetrati on improve? Indian Express 55 6-Dec-09 Financial Literacy Business Standard 56 6-Dec-09 News you should not use Business Standard 57 6-Dec-09 Preparing for foreign shocks Business Standard 58 4-Dec-09 Query corner Economic Times 59 4-Dec-09 Homemakers also need an insurance cover Economic Times 60 4-Dec-09 For your child's sake Economic Times 61 2-Dec-09 Invest in equity- backed SIP to take care of reti rement Economic Times 62 2-Dec-09 Plan for fi nancial bliss Economic Times 63 2-Dec-09 My plan Outlook Money 64 1-Dec-09 Face Dubai storm with lessons from crash of 08 Economic Times 65 Dec Plan it right Marie Claire India 66 Dec Equity Debt Money Today

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 30

ANNUAL REPORT.indd 30 4/30/2010 12:38:15 PM Communicati ons/Public Awareness Communicati ons/Public Awareness

iNDusTrY CliPPiNG For The MoNTh oF DeCeMber 2009 s/No. Date headline Publicati on 1 30-Dec-09 Rules for fi nancial freedom DNA Money 2 25-Dec-09 Tracking the perk tax mess DNA Money 3 21-Dec-09 On ESOPs, only tax name changes DNA Money 4 21-Dec-09 Build a fi nancial lifeboat Indian Express 5 18-Dec-09 NRI queries DNA Money 6 18-Dec-09 Getti ng lost in paperwork? Let an online tool manage your fi nances Mint 7 17-Dec-09 Combo of term plan & MFs can work bett er than Ulips Financial Chronicle 8 14-Dec-09 Are you saving enough? Indian Express 9 11-Dec-09 NRI queries DNA Money 10 9-Dec-09 Find capital gains taxing? Here's what to do DNA Money 11 4-Dec-09 NRI queries DNA Money 12 2-Dec-09 Capital gains on inherited property DNA Money

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 31

ANNUAL REPORT.indd 31 4/30/2010 12:38:16 PM Communications/Public Awareness Communications/Public Awareness

DIRECT CLIPPINGS FOR THE MONTH OF january 2010

interaction with Mr. Amar Pandit, CFPCM S/No. Date Headline Publication 1 29-Jan-10 Let needs, not wants decided your buy list-Amar Pandit/Suresh Sadagopan Economic Times

interaction with Monika Halan, CFPCM (aUTHORED ARTICLES) S/No. Date Headline Publication 1 20-Jan-10 Patchwork regulation needs intervention Mint 2 18-Jan-10 11 tax-savers to choose from Mint 3 13-Jan-10 Movies show new ways to deal with scarcities Mint 4 6-Jan-10 The need to inculcate a 'consumer first' culture Mint 5 1-Jan-10 The one year plan Mint

interaction with Gaurav Mashruwala, CFPCM S/No. Date Headline Publication 1 30-Jan-10 Funds making a beeline for gold fund of funds Economic Times 2 14-Jan-10 Returns to beat inflation Business Standard 3 12-Jan-10 100% Returns = 100% Trouble Business Standard 4 10-Jan-10 Always keep money for contingencies Sunday Times 5 7-Jan-10 What is your risk profile? Business Standard 6 4-Jan-10 Let age decide your investment strategy Economic Times 7 1-Jan-10 Do the basics right for your money to grow Times Of India

INDUSTRY CLIPPING FOR THE MONTH OF january 2010 S/No. Date Headline Publication 1 31-Jan-10 The Ulips will bloom, but give them some time Economic Times 2 31-Jan-10 Stay healthy, stay wealthy Sunday Times 3 29-Jan-10 India levies no inheritance tax DNA 4 25-Jan-10 Make sure you buy the right policy Indian Express 5 24-Jan-10 No short-cuts to affluence Hindu Business Lines 6 22-Jan-10 Don’t just save tax, assess your needs Mint 7 22-Jan-10 Let insurance battle cost of medical treatment Hindustan Times 8 20-Jan-10 Deductions that often slip by DNA 9 17-Jan-10 Not critical for everyone Business Standard 10 15-Jan-10 No tax benefit for policies bought abroad DNA 11 13-Jan-10 One lean patch doesn't a bad fund make DNA 12 1-Jan-10 NRI Queries DNA

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ANNUAL REPORT.indd 32 4/30/2010 12:38:16 PM Communications/Public Awareness Communications/Public Awareness

OTHERS S/No. Date Headline Publication 1 31-Jan-10 Before investing in ELSS Business Standard 2 31-Jan-10 Financial literacy Business Standard 3 29-Jan-10 Follow the primer and attain financial freedom Economic Times 4 29-Jan-10 Query Corner Economic Times 5 28-Jan-10 Have a break and enhance your skills Economic Times 6 25-Jan-10 Query Corner Economic Times 7 24-Jan-10 Save on bank charges Business Standard 8 24-Jan-10 Don’t overdo realty Sunday Times 9 24-Jan-10 Old wine in new bottle Business Standard 10 24-Jan-10 Financial literacy Business Standard 11 22-Jan-10 Query Corner Economic Times 12 22-Jan-10 You've earned hard, now let money do the same for you Economic Times 13 20-Jan-10 Buying Insurance is bad tax planning Mint 14 20-Jan-10 Beak up surplus into ELSS SIP, blue-chip MFs & NSC Economic Times 15 18-Jan-10 Debt investors fret over rate hike fears Times Of India 16 18-Jan-10 No free lunches in financial markets Indian Express 17 17-Jan-10 Financial literacy Business Standard 18 15-Jan-10 Query Corner Economic Times 19 15-Jan-10 Returns, liquidity, risk must decide asset allocation Economic Times 20 13-Jan-10 Utilise a portion of retirement allocation for pressing needs Economic Times 21 13-Jan-10 CFP in challenger state Loksatta 22 11-Jan-10 50% off MF investment gets redeemed within two years Financial Chronicle 23 11-Jan-10 Query Corner Economic Times 24 10-Jan-10 Financial literacy Business Standard 25 10-Jan-10 Investing styles dissected Business Standard 26 10-Jan-10 Cover your international travel Business Standard 27 8-Jan-10 Query Corner Economic Times 28 8-Jan-10 Choose your financial advisor as you would a spouse Economic Times 29 8-Jan-10 Unlearning childhood lesson: breaking away from a financially insecure past Mint 30 7-Jan-10 Ulips still as expensive as ever DNA 31 7-Jan-10 Deploy salary hikes into a mix of SIPs in hybrid MFs Economic Times 32 5-Jan-10 Maximize your gains, not just save on taxes Economic Times 33 5-Jan-10 How to improve your personal finance in '10 Financial Chronicle 34 4-Jan-10 Query Corner Economic Times 35 3-Jan-10 Financial literacy Business Standard 36 3-Jan-10 More than a fixed deposit Business Standard 37 3-Jan-10 Be curious about companies Business Standard 38 3-Jan-10 A Pill for your Investment Woes Business Standard 39 1-Jan-10 Query Corner Economic Times 40 1-Jan-10 Have a plan and watch your investments grow Economic Times 41 1-Jan-10 Ten commandments for better financial health for life Economic Times

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 33

ANNUAL REPORT.indd 33 4/30/2010 12:38:16 PM Communications/Public Awareness Communications/Public Awareness

DIRECT CLIPPINGS FOR THE MONTH OF february 2010

interaction with Mr. Ranjeet Mudholkar - print S/No. Date Headline Publication A less taxing budget (also quotes Amar Pandit, Gaurav Mashruwala & Suresh 1 2-Mar-10 Economic Times Sadagopan) 2 2-Mar-10 An Holistic Approach Financial Express 3 27-Feb-10 More funds for families to play with Hindustan Times 4 27-Feb-10 Money back for taxpayers leaves middle class smiling Asian Age 5 27-Feb-10 FM cuts tax burden with wider slabs DNA 6 27-Feb-10 Change in I-T slabs will put more money in your pocket Financial Chronicle 7 27-Feb-10 Tax breaks to spur consumption, saving Financial Express 8 27-Feb-10 UPA Government's second Budget Hamara Mahanagar

interaction with Mr. Ranjeet Mudholkar -ONLINE S/No. Date Link Website http://economictimes.indiatimes.com/personal-finance/tax-savers/tax-news/ 1 2-Mar-10 Economictimes.com Budget-2010-A-less-taxing-budget/articleshow/5629569.cms 2 2-Mar-10 http://www.financialexpress.com/budget-2010-news/an-holistic-approach/585492 Financialexpress.com http://www.hindustantimes.com/columnsbusiness/More-funds-for-families-to- 3 27-Feb-10 Hindustantimes.com play-with/513393/H1-Article1-513380.aspx http://www.asianage.com/index.php?option=com_content&view=article&id 4 27-Feb-10 =3877:money-back-for-taxpayers-leaves-middle-class-smiling&catid=34:top- Asianage.com story&Itemid=59 http://www.dnaindia.com/money/report_finance-minister-cuts-tax-burden-with- 5 27-Feb-10 Dnaindia.com wider-slabs_1352823 http://www.mydigitalfc.com/personal-finance/change-i-t-slabs-will-put-more- 6 27-Feb-10 Mydigitalfc.com money-your-pocket-815 http://www.financialexpress.com/budget-2010-news/tax-breaks-to-spur- 7 27-Feb-10 Financialexpress.com consumption-saving/584996 http://www.indiainfoline.com/Budget/Industry-Reactions/Further-slackening-of- 8 26-Feb-10 Indiainfoline.com income-tax-slabs-will-benefit-60-percent-of-tax-payers-Ranjeet-Mudholkar/528836

interaction with Monika Halan, CFPCM (aUTHORED ARTICLES) S/No. Date Headline Publication 1 27-Feb-10 Towards a better tax structure Mint 2 10-Feb-10 Cost and innovation: The fig leaf argument Mint 3 3-Feb-10 Wall Street: Bonus at risk vs. value at risk Mint

interaction with mr. Gaurav Mashruwala, CFPCM S/No. Date Headline Publication 1 26-Feb-10 Dear Pranab Babu… (also quotes Suresh Sadagopan) Business Standard 2 24-Feb-10 Leave your kid a fortune Outlook Money 3 23-Feb-10 NFOs face IPO fate as schemes underperform Economic Times 4 23-Feb-10 The case of the joint piggy bank Sunday Times 5 23-Feb-10 Small liquid funds promise big returns Economic Times 6 17-Feb-10 NAV-guaranteed insurance products gain currency Business Standard 7 17-Feb-10 Art may see better days, but judge them right Economic Times 8 10-Feb-10 Boost your cover Outlook Money 9 7-Feb-10 Real estate is not a liquid asset Sunday Times

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ANNUAL REPORT.indd 34 4/30/2010 12:38:16 PM Communications/Public Awareness Communications/Public Awareness

interaction with Mr. Amar Pandit, CFPCM DIRECT CLIPPINGS FOR THE MONTH OF february 2010 S/No. Date Headline Publication 1 28-Feb-10 Party Pooper Business Standard 2 25-Feb-10 Get the most out of your annual bonus and hikes (also quotes Suresh Sadagopan) Economic Times 3 24-Feb-10 Simple thumb rule for savings: save your age (also quotes Sumeet Vaid) Mint 3 23-Feb-10 Assess the risk before investing in Esops (also quotes Ranjit Dani) Economic Times 4 22-Feb-10 The A, B, C of financial literacy Indian Express 5 21-Feb-10 Unsatisfactory numbers Business Standard 6 14-Feb-10 Rate alert Business Standard 7 11-Feb-10 Live within income, cities don't matter (also quotes Amit Suri & Anil Rego) Economic Times 8 Feb Rejig your plans for a new dependent Money Today

interaction with Mr. Suresh Sadagopan, CFPCM S/No. Date Headline Publication 1 27-Feb-10 Infra bonds offer new tax relief DNA Guys, live life to the full, but not without a financial plan (also quotes Kartik Jhaveri 2 26-Feb-10 Economic Times & Uday Dhoot) 3 25-Feb-10 No new taxes likely (also quotes Krishnan Sitaram) DNA 3 21-Feb-10 Step by step (also quotes Sumeet Vaid) The Week (Wallet) 4 21-Feb-10 Wait, watch and proceed The Week (Wallet) 5 16-Feb-10 Limited change DNA 6 10-Feb-10 How to break free Outlook Money 7 2-Feb-10 Want more loan, but not eligible? Take a step-up Economic Times 8 2-Feb-10 Relocating to a new city? Plan your finances right Economic Times

interaction with Mr. Lovaii Navlakhi, CFPCM S/No. Date Headline Publication 1 26-Feb-10 Parents, get a fix on costs of study overseas Economic Times 2 21-Feb-10 What to buy? When to sell? Where to invest? The Week (Wallet) 3 19-Feb-10 Children, you can be a pro at managing your money Economic Times 4 17-Feb-10 Insure for life Business Standard 5 12-Feb-10 Last year's best MF may not be this year's topper Economic Times 6 12-Feb-10 Insurance for as low as Rs. 99 ensures safe travel Business Standard 7 10-Feb-10 The right strategy Outlook Money 8 5-Feb-10 List income, assets before you make a financial plan Economic Times

interaction with Mr. Veer Sardesai, CFPCM S/No. Date Headline Publication 1 24-Feb-10 Give them a head start Outlook Money 2 22-Feb-10 Bet on the dragon Indian Express 3 8-Feb-10 Gunpoint insurance: what to do when your bank pushes a cover Mint 4 8-Feb-10 Real estate or equities? Indian Express

interaction with Prerana Salaskar-Apte, CFPCM S/No. Date Headline Publication 1 24-Feb-10 Build an equity-debt portfolio of 70:30 ratio Economic Times 2 17-Feb-10 Add to equity assets and switch to term insurance Economic Times 3 10-Feb-10 Invest maximum savings in diversified MFs via SIPs Economic Times 4 3-Feb-10 Form investment habit early and try MIP-SIP combo Economic Times

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 35

ANNUAL REPORT.indd 35 4/30/2010 12:38:16 PM Communicati ons/Public Awareness Communicati ons/Public Awareness

iNTerACTioN wiTh Mr. ArNAv PANDYA, CFPCM s/No. Date headline Publicati on 1 28-Feb-10 Trading gains from listi ng Business Standard 2 21-Feb-10 For a concerned parent Business Standard 3 14-Feb-10 Homework on ti me Business Standard 4 7-Feb-10 Numbers that matt er Business Standard

iNTerACTioN wiTh Mr. suMeeT vAiD, CFPCM s/No. Date headline Publicati on 1 28-Feb-10 Trading gains from listi ng Business Standard 2 21-Feb-10 For a concerned parent Business Standard 3 14-Feb-10 Homework on ti me Business Standard 4 7-Feb-10 Numbers that matt er Business Standard

oThers s/No. Date headline Publicati on 1 28-Feb-10 Financial literacy Business Standard 2 28-Feb-10 Savings get joyous boost Asian Age 3 27-Feb-10 Exempti on on bond buy a bid to boost infra Hindustan Times 4 26-Feb-10 I began hiding my debts from my family Mint 5 26-Feb-10 Query Corner Economic Times 6 24-Feb-10 Factor in the risk element Business Standard 7 24-Feb-10 Don’t invest in haste Business Standard 8 22-Feb-10 Query Corner Economic Times 9 21-Feb-10 Financial literacy Business Standard 10 19-Feb-10 Query Corner Economic Times 11 15-Feb-10 Appointi ng a nominee Indian Express 12 15-Feb-10 Query Corner Economic Times 13 14-Feb-10 Financial literacy Business Standard 14 12-Feb-10 Query Corner Economic Times 15 9-Feb-10 A l'l investment can get your house bett er value Economic Times 16 8-Feb-10 Query Corner Economic Times 17 7-Feb-10 The early bird guide to planning Business Today 18 7-Feb-10 Financial literacy Business Standard 19 5-Feb-10 Query Corner Economic Times 20 1-Feb-10 Query Corner Economic Times 21 1-Feb-10 Choose the right tax saver Indian Express 22 Feb Choose the right 80C opti on Money Today 23 Feb The blueprint for investi ng Money Today

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 36

ANNUAL REPORT.indd 36 4/30/2010 12:38:16 PM Communicati ons/Public Awareness Communicati ons/Public Awareness

iNDusTrY CliPPiNG For The MoNTh oF jANuArY 2010 s/No. Date headline Publicati on 1 27-Feb-10 It's a non-event for taxpayers down the pyramid DNA 2 27-Feb-10 Savings spree for taxpayers Asian Age 3 27-Feb-10 Taxpayer beware: The Direct Tax Code will EET away all your gains DNA 1 26-Feb-10 You can't maintain both resident and non-resident bank a/cs DNA 2 24-Feb-10 How good is your tax compliance? DNA 3 21-Feb-10 Focus The Week (Wallet) 4 21-Feb-10 Plan and track to grow your money Hindu Business Line 5 21-Feb-10 Strategies that work The Week (Wallet) 6 19-Feb-10 Costly opti ons to create corpus Business Standard 7 17-Feb-10 Go for tax planning, not just tax saving DNA 8 17-Feb-10 5 insurance plans to buy to protect against terror Mint 9 14-Feb-10 The architect and the interior decorator Sunday Times 10 12-Feb-10 Knowing numbers isn't enough, make the formula work Mint 11 10-Feb-10 A singular innings Outlook Money 12 7-Feb-10 Planning reti rement in forti es Hindu Business Line 13 5-Feb-10 Mum's money lessons: be debt-free, own a home Mint 14 2-Feb-10 The end of an era DNA

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 37

ANNUAL REPORT.indd 37 4/30/2010 12:38:17 PM Communications/Public Awareness Communications/Public Awareness

DIRECT CLIPPINGS FOR THE MONTH OF march 2010

interaction with Mr. Ranjeet Mudholkar - print S/No. Date Headline Publication 1 22-Mar-10 Your employer may soon pay you higher gratuity Mint

interaction with Monika Halan, CFPCM (aUTHORED ARTICLES) S/No. Date Headline Publication 1 31-Mar-10 Markets at high. Is it a good time to invest? Mint 2 24-Mar-10 When 100% return is not good enough Mint 3 17-Mar-10 How 3.5 interest rate on savings can equal 0% Mint 4 10-Mar-10 Financial road rules: First task for FSDC Mint 5 3-Mar-10 Free markets and caesarean sections Mint

interaction with mr. Gaurav Mashruwala, CFPCM S/No. Date Headline Publication 1 29-Mar-10 Debt's the way Financial Chronicle 2 21-Mar-10 Three stages to fiscal health Sunday Times 3 15-Mar-10 The ETF Challenge Business World 4 10-Mar-10 Tax planning Business Standard 5 7-Mar-10 Earn well, but save better Sunday Times 6 7-Mar-10 The ETF Advantage Business Today 7 3-Mar-10 Seeking the right balance (also mentions Malhar Majumdar) Business Standard 8 3-Mar-10 Money multipliers Financial Chronicle 9 7-Feb-10 Real estate is not a liquid asset Sunday Times

interaction with Mr. Amar Pandit, CFPCM S/No. Date Headline Publication 1 28-Mar-10 ULIP wise means high price Business Standard 2 22-Mar-10 Rate hike to hit investments in debt MFs Times Of India 3 21-Mar-10 Experts' Take Business Today 4 21-Mar-10 FMPs have more to offer Business Standard 5 14-Mar-10 IPOs: It's probably overpriced Business Standard 6 12-Mar-10 If you want to save tax… 7 7-Mar-10 Deals for the road Business Standard 8 2-Mar-10 Soon, even your children can plan their finances DNA 8 Feb Rejig your plans for a new dependent Money Today

interaction with Mr. Suresh Sadagopan, CFPCM S/No. Date Headline Publication 1 23-Mar-10 Pre-pay your home loan with minimum losses (also mentions Amar Pandit) Economic Times 2 16-Mar-10 Gold regains shine at $1.1k/oz Times Of India 3 12-Mar-10 Money rules for the Mr and Mrs (also mentions Sumeet Vaid) Mint 4 2-Mar-10 Ulip returns set to get better DNA

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 38

ANNUAL REPORT.indd 38 4/30/2010 12:38:17 PM Communications/Public Awareness Communications/Public Awareness

interaction with Mr. Lovaii Navlakhi, CFPCM S/No. Date Headline Publication 1 26-Mar-10 Allocate funds wisely, enjoy your golden years Economic Times 2 24-Mar-10 The right strategy Outlook Money 3 19-Mar-10 Make sure you have a steady cash flow when you retire Economic Times 4 14-Mar-10 Planning for Twilight Years Dalal Street Journal 5 12-Mar-10 Play the innings, make sure you don't retire hurt Economic Times 6 10-Mar-10 The right strategy Outlook Money 7 5-Mar-10 Women, get involved in your family finances Economic Times

interaction with Prerana Salaskar-Apte, CFPCM S/No. Date Headline Publication 1 31-Mar-10 Prepay loans, add to equity to build a retirement kitty Economic Times 2 24-Mar-10 Put surplus to better use at a debt-equity ratio of 30:70 Economic Times 3 10-Mar-10 Equities must get a fair share in your asset allocation Economic Times

interaction with Mr. Arnav Pandya, CFPCM S/No. Date Headline Publication 1 28-Mar-10 Innovative, but not convincing Business Standard 2 28-Mar-10 One year, two benefits Business Standard 3 21-Mar-10 Daily dose of interest for account holders Business Standard 4 14-Mar-10 Get a fix on FD returns Business Standard 5 7-Mar-10 Spend on health to save wealth Business Standard

interaction with Mr. Sumeet Vaid, CFPCM S/No. Date Headline Publication 1 25-Mar-10 Insurance: Literacy series Money Life 2 15-Mar-10 Plan for your special one Indian Express

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ANNUAL REPORT.indd 39 4/30/2010 12:38:17 PM Communications/Public Awareness

OTHERS S/No. Date Headline Publication 1 29-Mar-10 Query corner Economic Times 2 29-Mar-10 Protect yourself against inflation Indian Express 3 29-Mar-10 Rel MF: turning distributors into financial advisers Hindustan Times 4 29-Mar-10 Tax planning with mutual funds Mid-Day 5 29-Mar-10 7 investments that can save you tax Mid-Day 6 26-Mar-10 The right time to plan taxes Mid-Day 7 28-Mar-10 Making do with single income Hindu Business Line 8 28-Mar-10 Financial literacy Business Standard 9 26-Mar-10 Insurance base, a must 10 26-Mar-10 Understand your CTC to maximise net gains Economic Times 11 26-Mar-10 Query corner Economic Times 12 22-Mar-10 Query corner Economic Times 13 22-Mar-10 How do loans work: Basic concepts you must know Indian Express 14 21-Mar-10 Financial literacy Business Standard 15 19-Mar-10 Short-term funds may be your best bet, now Economic Times 16 19-Mar-10 Query corner Economic Times 17 15-Mar-10 Query corner Economic Times 18 15-Mar-10 Play The Asset, Not Equity Business World 19 14-Mar-10 Get on with your dream getaway Economic Times 20 14-Mar-10 Financial literacy Business Standard 21 12-Mar-10 Don't put all eggs in one basket Business Standard 22 12-Mar-10 Query corner Economic Times 23 10-Mar-10 Measured steps Outlook Money 24 10-Mar-10 Capital protection funds beat FD, PPF in tax maths Financial Chronicle 25 9-Mar-10 Make the most of the women-only benefits Mint 26 8-Mar-10 How much of your HRA is tax exempt Indian Express 27 8-Mar-10 Query corner Economic Times 28 7-Mar-10 Financial literacy Business Standard 29 7-Mar-10 Gold: Hype or safe haven? Business Standard 30 6-Mar-10 It's better late than never for saving Asian Age 31 5-Mar-10 Query corner Economic Times 32 5-Mar-10 This Women's Day, gift yourself a house Economic Times 33 5-Mar-10 Begin with yourself, get kids moneywise Mint 34 3-Mar-10 70% diversified funds fail to match BSE Sensex in Feb Financial Chronicle 35 2-Mar-10 Query corner Economic Times 36 Mar For financial placements Maharashtra Times

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 40

ANNUAL REPORT.indd 40 4/30/2010 12:38:17 PM 3. Examinations

1. Information on Examinations administered during FY 2009-2010.

Number of students Total number of exam Exam Type enrolled in education Pass rate Date(s) of exam takers courses Serial Exam leading to CFPCM certification 3365 8,347 53.38% Daily Basis (Exam 1-4)

25/04/2009, 23/05/2009, CFPCM certification Exam 27/06/2009, 25/07/2009, 29/08/2009, 26/09/2009, (Exam 5/Challenge Status) 641 1610 56.65% 24/10/2009, 21/11/2009, 19/12/2009, 23/01/2010, 27/02/2010, 20/03/2010

Examination Statistics (Exam 1-4)

Examination Statistics - (2008-09) Name of Exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 3644 1455 2189 39.93 Exam 2 - Retirement Planning & Employee Benefits 2789 1287 1502 46.15 Exam 3 - Investment Planning 2951 1181 1770 40.02 Exam 4 - Tax & Estate Planning 1990 879 1111 44.17 Total 11374 4802 6572 42.22

Examination Statistics - (2009-10) Name of Exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 2281 1165 1116 51.07 Exam 2 - Retirement Planning & Employee Benefits 2355 1280 1075 54.35 Exam 3 - Investment Planning 1962 1059 903 53.98 Exam 4 - Tax & Estate Planning 1749 952 797 54.43 Total 8347 4456 3891 53.38

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 41

ANNUAL REPORT.indd 41 4/30/2010 12:38:17 PM Examinations Examinations

Month wise breakup of Examination Statistics for the year 2009-10

April 2009 Examination Name of Exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 181 83 98 45.86 Exam 2 - Retirement Planning & Employee Benefits 159 91 68 57.23 Exam 3 - Investment Planning 156 87 69 55.77 Exam 4 - Tax & Estate Planning 120 70 50 58.33 Total 616 331 285 53.73

May 2009 Examination Name of Exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 193 105 88 54.4 Exam 2 - Retirement Planning & Employee Benefits 239 140 99 58.58 Exam 3 - Investment Planning 115 60 55 52.17 Exam 4 - Tax & Estate Planning 171 113 58 66.08 Total 718 418 300 58.22

June 2009 Examination Name of Exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 217 105 112 48.39 Exam 2 - Retirement Planning & Employee Benefits 219 122 97 55.71 Exam 3 - Investment Planning 153 81 72 52.94 Exam 4 - Tax & Estate Planning 100 52 48 52.00 Total 689 360 329 52.25

July 2009 Examination Name of Exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 193 94 99 48.70 Exam 2 - Retirement Planning & Employee Benefits 183 102 81 55.74 Exam 3 - Investment Planning 190 113 77 59.47 Exam 4 - Tax & Estate Planning 99 55 44 55.56 Total 665 364 301 54.74

August 2009 Examination Name of Exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 213 110 103 51.64 Exam 2 - Retirement Planning & Employee Benefits 192 103 89 53.65 Exam 3 - Investment Planning 202 87 115 43.07 Exam 4 - Tax & Estate Planning 123 69 54 56.10 Total 730 369 361 50.55

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 42

ANNUAL REPORT.indd 42 4/30/2010 12:38:17 PM Examinations Examinations

September 2009 Examination Name of Exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 171 89 82 52.05 Exam 2 - Retirement Planning & Employee Benefits 189 107 82 56.61 Exam 3 - Investment Planning 182 94 88 51.65 Exam 4 - Tax & Estate Planning 96 56 40 58.33 Total 638 346 292 54.23

October 2009 Examination Name of Exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 180 84 96 46.67 Exam 2 - Retirement Planning & Employee Benefits 206 111 95 53.88 Exam 3 - Investment Planning 153 87 66 56.86 Exam 4 - Tax & Estate Planning 115 74 41 64.35 Total 654 356 298 54.43

November 2009 Examination Name of Exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 170 94 76 55.29 Exam 2 - Retirement Planning & Employee Benefits 172 89 83 51.74 Exam 3 - Investment Planning 148 88 60 59.46 Exam 4 - Tax & Estate Planning 153 79 74 51.63 Total 643 350 293 54.43

December 2009 Examination Name of Exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 178 101 77 56.74 Exam 2 - Retirement Planning & Employee Benefits 186 88 98 47.31 Exam 3 - Investment Planning 160 77 83 48.13 Exam 4 - Tax & Estate Planning 156 89 67 57.05 Total 680 355 325 52.22

January 2010 Examination Name of Exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 187 99 88 52.94 Exam 2 - Retirement Planning & Employee Benefits 213 118 95 55.40 Exam 3 - Investment Planning 149 81 68 54.36 Exam 4 - Tax & Estate Planning 290 154 136 53.10 Total 839 452 387 53.87

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 43

ANNUAL REPORT.indd 43 4/30/2010 12:38:17 PM Examinati ons Examinati ons

February 2010 Examinati on Name of exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 213 105 108 49.30 Exam 2 - Reti rement Planning & Employee Benefi ts 196 106 90 54.08 Exam 3 - Investment Planning 161 96 65 59.63 Exam 4 - Tax & Estate Planning 129 58 71 44.96 Total 699 365 334 52.22

March 2010 Examinati on Name of exam Appeared Passed Failed Pass% Exam 1 - Risk Analysis and Insurance Planning 185 96 89 51.89 Exam 2 - Reti rement Planning & Employee Benefi ts 201 103 98 51.24 Exam 3 - Investment Planning 193 108 85 55.96 Exam 4 - Tax & Estate Planning 197 83 114 42.13 Total 776 390 386 50.26

CFPCM certi fi cati on Exam 5 & CSP Examinati on Stati sti cs 2008-09 Parti culars Appeared Passed Failed Pass % Total 1333 607 726 45.54

CFPCM certi fi cati on Exam 5 & CSP Examinati on Stati sti cs 2009-10 Parti culars Appeared Passed Failed Pass % Total 1610 912 698 56.65

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 44

ANNUAL REPORT.indd 44 4/30/2010 12:38:17 PM Examinations Examinations

CFPCM certification Exam 5 & CSP Examination Statistics - Month Wise (2009-10)

April - 09 Pathway Appeared Passed Failed Pass % Regular 112 52 60 46.43 Challenge Status 35 13 22 37.14 Total 147 65 82 44.21

May - 09 Pathway Appeared Passed Failed Pass % Regular 93 27 66 29.03 Challenge Status 26 3 23 11.54 Total 119 30 89 25.21

June - 09 Pathway Appeared Passed Failed Pass % Regular 148 111 37 75.00 Challenge Status 16 10 6 62.50 Total 164 121 43 73.78

July - 09 Pathway Appeared Passed Failed Pass % Regular 88 73 15 82.95 Challenge Status 15 9 6 60.00 Total 103 82 21 79.61

August - 09 Pathway Appeared Passed Failed Pass % Regular 105 59 46 56.19 Challenge Status 29 13 16 44.83 Total 134 72 62 53.73

September - 09 Pathway Appeared Passed Failed Pass % Regular 102 71 31 69.6 Challenge Status 16 8 8 50.0 Total 118 79 39 66.94

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ANNUAL REPORT.indd 45 4/30/2010 12:38:18 PM Examinations

October - 09 Pathway Appeared Passed Failed Pass % Regular 84 28 56 33.33 Challenge Status 16 05 11 31.25 Total 100 33 67 33

November - 09 Pathway Appeared Passed Failed Pass % Regular 75 57 18 76.00 Challenge Status 33 21 12 63.64 Total 108 78 30 72.22

December - 09 Pathway Appeared Passed Failed Pass % Regular 95 50 45 52.63 Challenge Status 47 8 39 17.02 Total 142 58 84 40.85

January - 10 Pathway Appeared Passed Failed Pass % Regular 123 99 24 80.49 Challenge Status 41 28 13 68.29 Total 164 127 37 77.44

February - 10 Pathway Appeared Passed Failed Pass % Regular 101 73 28 72.28 Challenge Status 55 28 27 50.91 Total 156 101 55 64.74

March - 10 Pathway Appeared Passed Failed Pass % Regular 63 30 33 47.62 Challenge Status 92 34 58 36.96 Total 155 64 91 41.29

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 46

ANNUAL REPORT.indd 46 4/30/2010 12:38:18 PM 4. Charter Member-wise numbers of CFPCM certificants Through Challenge Status Pathway

No. of CFPCM certificants

Sr. No. Charter Member As on As on 31st March, 31st March, 2009 2010

1 American Express Bank 4 1 2 Axis Bank -- 1 3 Barclays Bank PLC -- 1 4 Birla Sun Life Insurance Company Ltd. -- 1 5 BNP Paribas -- 7 6 Citibank N.A 1 1 7 Dawnay Day Av India Advisers Pvt. Ltd. -- 1 8 Deutsche Bank AG -- 1 9 Edelweiss Group -- 3 10 FIL Fund Management Pvt. Ltd. 1 2 11 Franklin Templeton Asset Management (India) Pvt. Ltd. 2 7 12 HDFC Asset Management Company Ltd. 1 7 13 ICICI Bank Ltd. 1 8 14 Kotak Mahindra Bank Ltd. 11 16 15 KZen Equities Services Pvt. Ltd. -- 1 16 Life Insurance Corporation of India 1 1 17 Mirae Asset Global Investments (I) Pvt. Ltd. -- 1 18 Motilal Oswal Securities Ltd. 4 4 19 Reliance Capital Asset Management Ltd. 3 9 20 Reliance Money Ltd. 1 2 21 Religare Enterprises Ltd. 1 3 22 SBI Funds Management Pvt. Ltd. 5 5 23 Standard Chartered Bank 1 1 24 State Bank of India 29 74 25 TATA AIG Life Insurance Company Ltd. 1 1 26 UTI AMC Ltd. 20 31 Grand Total 88 190

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 47

ANNUAL REPORT.indd 47 4/30/2010 12:38:18 PM Charter Member-wise numbers of CFPCM certificants Through Challenge Status Pathway

Charter Member-wise numbers of CFPCM certificants Through Regular Pathway

No. of CFPCM Certificants

Sr. No. Charter Member As on As on 31st March, 31st March, 2009 2010

1 American Express Bank Limited 1 1 2 ASK Wealth Advisors Pvt. Ltd. 4 5 3 Axis Bank -- 3 4 Bajaj Capital Limited 10 10 5 Barclays Bank PLC 1 2 6 Birla Sun Life Distribution Company Limited 2 2 7 Birla Sun Life Insurance Company Limited 4 6 8 BNP Paribas 1 1 9 Citibank N.A -- 1 10 Edelweiss Group -- 1 11 FPI Padmakshi Financial Planning & Wealth Management 2 2 12 Franklin Templeton Asset Management (India) Private Limited 1 2 13 Geojit BNP Paribas Financial Services 3 3 14 HDFC Asset Management Company Limited -- 1 15 HSBC 4 7 16 ICICI Bank Limited 3 6 17 ICICI Prudential Asset Management Company Limited 3 1 18 ICICI Prudential Life Insurance Company Limited 8 12 19 Karvy Stock Broking Limited 1 2 20 Kotak Mahindra Bank Limited 5 8 21 L&T Finance Limited 1 1 22 Life Insurance Corporation of India 23 33 23 Motilal Oswal Securities Limited 2 3 24 Principal PNB AMC Pvt. Ltd. 1 -- 25 Reliance Money Limited 1 -- 26 Religare Enterprises Ltd -- 2 27 SBI Life Insurance Company Ltd. -- 1 28 SBI Funds Management Private Limited 2 3 29 State Bank of India 47 76 30 TATA AIG Life Insurance Company Limited 19 17 31 UTI AMC Limited 7 13 32 World Gold Council 1 1 Grand Total 157 221

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 48

ANNUAL REPORT.indd 48 4/30/2010 12:38:18 PM 5. Education

Education Providers: The following Education Providers have been authorized by FPSB India to provide CFPCM certification Education Program in India.

S. Education Provider Key Person Designation Correspondence Address Contact No Email ID No Anagram Knowledge Knowledge Academy, Heritage Mr. Sandeep sandeep.shroff@ 1 Academy Ltd., COO Square, Opp Atlanta Building +91-9227407070 Shroff knowledgeacademy.in Ahmadabad Gulbai Tekra,Ahmedabad 380015 606, Madhuban Building, 55, [email protected]; 2 ASSETS, New Delhi Mr. Arvind Rai Director +91-9313979123 Nehru Place, New Delhi - 110019 [email protected] Gulab Bhawan, 4th Floor, 6, BLB Institute of Financial Mr. G. C. +91-9891044504, 3 Director Bahadur Shah Zafar Marg, [email protected] Markets (BIFM) Sharma +91-11-23705854/55 New Delhi-110002 Leader - Dun & Bradstreet +91-9821094014/ Ms. Preeta Financial ICC Chambers, Saki- Vihar Rd., 4 Information Services 022-8574190/92/94, [email protected] Misra Education Powai, Mumbai - 400072 India Pvt. Ltd. 022-5676555 Solns. 1st Floor, Doulatram Mansion, Financial Planning Mr. Yogesh +91 9821166725 / 5 Director Kitridge Road, Colaba, [email protected] Academy (FPA) Gupta 022-23672443 Mumbai - 400005 chhaya.kothari@gmail. B -12, Dattani Tower, NR Global School of Ms. Chhaya +91 9820125548 / com 6 Director Macdonalds, Boravali W, Financial Planning Kothari 022-28980730 Mumbai

Shrikrishna Niwas, Shradhanand Gurukul online Learning Mr. Shailesh +91 9323693672 / shailesh@ 7 CEO Road Extension Vile Parle E, Solutions (GOLS) Mehta 022-26141111 gurukulonline.co.in Mumbai -400057 Ground Floor, Jayant Building, IMS Learning Resources Mr. Kaushik Head - +91 9819124890/ 8 Jain Hostel Road, Near Sion Circle, [email protected] Pvt. Ltd. Ramachandran Pro School 022-65285393/94 Sion, Mumbai - 400 022 [email protected]. Indian School of Mr. Jitin B-26,Okhla Ph-1, 9 Director 011-40577733 in, amit.chadha@isbf. Business & Finance Chadha New Delhi-110 020 edu.in 5th Floor, N N Mall, Adjoining Mr. Anil 10 INFLUX Business School Director M2K Cineplex, Sector-3, Rohini, +91 9811018218 [email protected] Sachdeva Delhi-110085 +91 9820092782, 7th Floor, "B" Wing, 704-712, Institute for Technology 27814772, 11 Mr. K S Murthy Director BSEL Tech Park, Vashi, [email protected] and Management (ITM) 22930172, Navi Mumbai - 400705. 65135002

presidentcoordinator@ Institute of Management Mr. Rajeev A-8B, IMS Campus, Sec-62, Noida- 12 President 0120-2401043 imsnoida.com Studies (IMS), Noida Kumar Gupta 201 303, (U.P), India. [email protected]

814, Naurang House, 21, Kasturba International Institute of Mr. Pranav +91 98992977671 / pranav.chaturvedi@ 13 Director Gandhi Marg, C. P. New Delhi - Financial Markets Ltd. Chaturvedi 011-66303404 iifm.co.in 110001 International College Director & 3rd Floor Gulab Bhavan, 6 011 66159000 [email protected], 14 of Financial Planning Mr. Anish Wig Chief Executive Bahadur Shah Zafar Marg, New +91 9910599000 [email protected] (ICoFP) Officer Delhi 110002

FPSB INDIA ANNUAL REPORT | 2009 - 2010 | 49

ANNUAL REPORT.indd 49 4/30/2010 12:38:18 PM Educati on

s. Correspondence Educati on Provider key Person designati on Contact No email iD No Address Internati onal Insti tute of Mr. Anil PCTI House, UU - 11, anilagarwal_pcti @yahoo. 15 Financial Studies (IIFS) Director +91 9811108987 Agarwal Pitampur, Delhi - 110088 co.in (A Unit of PCTI Group) C/o Knowlege Network India, 2nd Floor, PAL +91 9810200911 [email protected] Knowlege Network India Ms Ashita Executi ve 16 Tower, Sikanderpur ,MG (Ashita) / (0124)- Pvt. Ltd. (KNIPL) Khurana Director Road DLF City, Gurgaon, 4064788/4146165 Haryana -122002 Trinity', Unit - 3C, 226/1, Mahavir Insti tute of Mr. Dinesh (033) 22891176, 17 Director A.J.C Bose Road, Kolkata [email protected] Educati onal Excellence Jain - 700020 +91 9831004542

SUITE#305A, 10A Mandar Learning Mr. Rajesh +91 9830028953 / 18 Director HOSPITAL STREET, Kolkota- rajesh@mandarfi n.com Academy Pvt. Ltd (033) 22158247 Dalmia 700072 (INDIA)

RNIS COLLEGE OF +91 9818665534, FINANCIAL PLANNING RNIS College of Financial Programme 011-3021424 (Direct), 19 Mr. H S Bansil 15, 2nd Floor, Sant-Nagar, [email protected] Planning (011) 41638657 / Director East of Kailash, 26237605 / 07 / 08 New-Delhi -110065

SBMJC - Centre for [email protected] Mr. R.C. 1/1-1; Atria Towers Palace +91 9845006228/ 20 Financial Planning & Chairman Road, – 560 001 (080) 26615246 Management Chenraj Jain

Sadhana Centre Founder & 392 A, Mahale Plot, Deep for Management & Bungalow - Vetal Chowk +91 9850077733 / 21 Prof. M S Pillai Principal [email protected] Leadership Development Road , Model Colony P.O. (020) 25672026 / 7 (SCMLD) Director Pune 411 016 Tata AIG Life Insurance Company Ltd. TATA AIG Life Insurance Ms. Ethel Delphi-B Wing +91 9920056282, 22 Manager [email protected] Company Limited Correa 2nd Floor, Arcade Avenue 022-66479016 Hiranandani Business Park Powai, Mumbai-400076 6A, Atma Ram House, 1 The Indian Insti tute of Mr. Gautam 011-43504929, [email protected]; 23 Director Tolstoy Marg, Connaught Financial Planning (IIFP) 43504939 [email protected] Rajgarhia Place, New Delhi -110001 Ground fl oor, 427/429, Vantage Corporate Mr. Vishal S. V. P. Road, Prathana [email protected]; 24 Director 66340536 Services Ltd Gada Samaj, Charni Road, vifm@rediff mail.com Mumbai - 400 004

NJ Gurukul 502, NJ Center, NJ Gurukul Pvt. Ltd., Mr. Neeraj R. +91 9374573685, 25 Director 10 Main, Road Udhna [email protected] Surat, Gujarat (0261) 3985500 Choksi Surat-394210

H. L. Centre for H.L. Centre for Professional Educati on, (79) Professional Educati on Mr. G.A. H. L. College Campus, 26 Director 26464657/32915262, [email protected] (HLCPE), Ahmadabad, Pathak University Road, Gujarat Navrangpura, Ahmedabad +91 9426173888 - 380 009 Smile Educati on Pvt. Ltd., SMILE Educati on Pvt. Mr. Prashant 46, 5thFloor, Tardeo AC +91 9821143866, 022- patel.prashantn@gmail. 27 Director Limited Patel Market, Tardeo Road, 23512962 com Mumbai - 400034 The New Era Educati on Mr. Rohit Plot No: 17, Mayapuri, 28 Chairman +91 9873407607 [email protected] Society, New Delhi Chopra New Delhi - 110064

54, Sector-10, A Market, India Today Finishing Mr. Devendra devendrajain_17@hotmail. 29 Director Bhilai, Chhatti sgarh 9425235045 Schools Ltd, Chhatti sgarh Jain com -490006

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ANNUAL REPORT.indd 50 4/30/2010 12:38:18 PM 6. CoNTiNuous eDuCATioN

Conti nuous Educati on: FPSB, India awarded CE points to the CFPCM certi fi cants for the following:

S. No. Parti cular CE Credit Points 1. Financial Planning Soluti on - Daily News & Analysis (DNA) 5 2. Financial Planning Journal – CE Quiz 5 3. Financial Planning Practi ce Management Workshop – Series 1 5 4. Financial Planning Practi ce Management Workshop – Series 2 5 5 Financial Planning Practi ce Management Workshop – Series 3 5 6 Financial Planning Practi ce Management Workshop – Series 4 5 7 Financial Planning Practi ce Management Workshop – Series 5 5 8 HR Summit 5 9 Financial Planning Leadership workshop 5 10 Financial Planning Practi ce Management Workshop 5

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ANNUAL REPORT.indd 51 4/30/2010 12:38:18 PM 7. Ethics and Discipline / Practice sTANDArds

Ethics/Practice Standards disciplinary cases Number of cases Cases opened NIL Cases concluded NIL Number of public disciplines NIL

Marks Promotion/Protection Number of unauthorized use/misuse of the marks cases processed during the quarter.

Marks disciplinary cases Number of cases Unauthorized Use * Cases opened - Cases concluded -

Misuse ** Cases Opened - Cases Concluded -

* Unauthorized use cases = Individuals/entities use the Marks without being licensed to do so.

** Misuse cases = Properly licensed individuals/entities use the Marks in a manner which does not comply with FPSB guidelines/trademark law.

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ANNUAL REPORT.indd 52 4/30/2010 12:38:18 PM 8. Events

Date (D/M/Y) Organization Event & Contact Info Location From To Financial Planning Standards 29/04/09 29/04/09 Board India and Pacific Prospect Indian Structured Products Forum 2009 (i) Mumbai & Innovative Investor Financial Planning Standards 10/07/09 10/07/09 Education Providers’ Meet (ii) Mumbai Board India Financial Planning Standards Financial Planning Practice Management 25/07/09 25/07/09 Mumbai Board India Workshop – Series1 (iii) Three day exhibition cum seminar on Vantage Institute (Education Personal Finance & Investments. http:// 31/07/09 02/08/09 Pune Provider) www.valuenotes.com/Valuenotes/ investorshow/investorshow.htm 22/07/09 Datacomp Web Technologies (I) Full day seminars for Insurance & MF Cochin/Bangalore/ 23/07/09 16/08/09 Pvt. Ltd. Advisors on Financial Planning Chennai 16/08/09 ( Event Partner) Financial Planning Standards Financial Planning Practice Management 22/08/09 22/08/09 Mumbai Board India Workshop – Series 2 (iv) Financial Planning Standards Seminar on “Decoding The Direct Taxes 12/09/09 12/09/09 Mumbai Board India Code” (v) Financial Planning Standards Financial Planning Practice Management 23/10/09 23/10/09 New Delhi Board India Workshop – Series 3 (vi) Financial Planning Standards Visit of the Chairman, SEBI, the Capital 13/11/09 13/11/09 Mumbai Board India Market regulator (vii) Financial Planning Standards Workshop on “Role of Equity & Debt 18/11/09 18/11/09 Mumbai Board India Portfolio in Financial Planning” (viii) Financial Planning Standards Financial Planning Practice Management 26/11/09 26/11/09 New Delhi Board India Workshop (ix) Opti Risk India in association Practical Asset Liability Management 08/12/09 09/12/09 Mumbai with FPSB India workshop (x) Financial Planning Standards 09/12/09 09/12/09 Visit of Ms. Angeline Chin, CEO, IFPHK (xi) Mumbai Board India Financial Planning Standards 16/12/09 16/12/09 HR Summit (xii) Mumbai Board India Financial Planning Standards 13/03/10 13/03/10 Leadership Workshop (xiii) Mumbai Board India Financial Planning Standards Financial Planning Practice Management 23/03/10 23/03/10 Bengaluru Board India Workshop (xiv) Financial Planning Standards Financial Planning Practice Management 27/03/10 27/03/10 Mumbai Board India Workshop Financial Planning Standards Financial Planning Practice Management 27/03/10 27/03/10 Delhi Board India Workshop

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(i) by Mr. Parag Parikh, CFPCM, Chairman, Parag Parikh Financial The event covered an exhaustive overview and analysis Advisory Services Ltd. of the structured products industry in India. Major topics included: 2. Strategic Changes to Asset Allocation: A Way to Achieve 1. How to tackle the current volatile and challenging market Financial Goals even in times of Financial Crisis 2. Helping identify future structured product trends for Indian by Mr. Sundeep Sikka, President & CEO, Reliance Capital Asset investors Management Ltd. 3. Looking at the global macro-economic outlook 3. Changing Contours of Financial Advisory and Ways to Ride Them by Mr. Anup Bagchi, CFPCM, Executive Director, ICICI Securities (ii) Ltd. The Meet focused on issues faced by FPSB India’s Education Providers (EPs) and ways to further facilitate them. The Meet 4. Insurance Advisory: Transition from Distribution to featured eminent representatives from FPSB India’s Founder Financial Planning Members who deliberated on their plans to promote CFPCM by Mr. Rajiv Kumar Gupta, CFPCM, SBI Life Insurance Co. Ltd. Certification in their respective organizations and help create an atmosphere of healthy off-take of CFPCM certificants. The 5. How to Build a Successful Financial Advisory Practice? cost structure of Education and Examination was discussed by Mr. Lovaii Navlakhi, CFPCM, MD & Chief Financial Planner, and FPSB India facilitated those candidates who complete the International Money Matters Pvt. Ltd. Education criterion within one year of enrolment to compete for Certification Exam for one full year without paying to renew their registration. The Self-Study introduced earlier in (v) 2009 was deliberated upon and FPSB India convinced EPs of Topics covered: the necessity of open architecture. EPs were also summoned 1. Special Session : Financial Planning Practice in the New to market Self-Study. Paradigm by Mr. Sumeet Vaid, CFPCM, Founder/CEO, Ffreedom Financial Planners

(iii) 2. Investments: The Emerging Investment Pattern Topics covered: by Dr. D. Sundararajan, CFPCM, Investment Consultant, Trendy 1. Building Your Business and Managing Client Expectations Investments by Mr. Suresh Sadagopan, CFPCM, Proprietor, Ladder 7 Financial Advisories 3. Retirement Planning: The Ideal Tax Efficient Retirement Corpus 2. Advisory for NRIs – An Overview of the Rules, Regulations by Mr. Arnav Pandya, CFPCM, Independent Financial Planner & Strategies by Mr. Sandeep Shanbhag, Director, Wonderland 4. Personal Taxation: The Way Forward Investments by Mr. Sandeep Shanbhag, Director, Wonderland Investments 3. Wills & Estate Planning 5. International Taxation by Mr. Kedar Desai, Partner, Desai Desai Carrimji & Mulla, by Mr. Naresh Ajwani, Partner, Rashmin Sanghvi & Associates, Advocates & Solicitors Chartered Accountants

4. Financial Plan Construction 6. Businesses: The Emerging Corporate Tax by Mr. Sumeet Vaid, CFPCM, Founder/CEO, Ffreedom Financial Planners 7. Overall Financial Planning: The Necessary Alignments by Mr. Suresh Sadagopan, CFPCM, Proprietor, Ladder 7 Financial (iv) Advisories Topics covered: 1. Behavioral Finance and its Impact on Financial Planning

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ANNUAL REPORT.indd 54 4/30/2010 12:38:19 PM Events

(vi) 2. The right and wrong lessons for India from the US financial Topics covered: crisis 1. Government Borrowing Programs & Inflation by Ms. Atsi Sheth, Chief Economist, Reliance Equities Ltd. by Mr. Udayan Ray, CFPCM, Editor, Outlook Money 3. Nuances of Income Fund: Useful tactics for Financial 2. E-Government initiatives-Impact on a Common Man Advisors by Mrs. Lekha Kumar, IRS, Former Director (e-Governance), by Mr. Sujoy Das, Head-Fixed Income, Bharati AXA Investment Dept. of Administrative Reforms & Public Grievances, GoI Managers

3. Financial Services Space-Emerging Paradigms 4. Introduction to ETFs & indexing by Mr. Gajendra Nagpal, Founder & CEO, Unicon Financial by Mr. Dharmendra Rai, Independent Trainer & Former Intermediaries Pvt. Ltd. National Sales Head – Benchmark AMC

4. Realty Investments-should they be an essential part of an 5. Strategic Asset Allocation in the Indian Context individual’s Asset Allocation by Mr. Sethuram Iyer, CIO-Shinsei AMC India Pvt. Ltd. by Experts on Financial Planning from iTrust 6. Role of Equities, Importance and Relevance To Different Categories Of Investors. Strategies For Entry, Monitoring 5. Financial Plan Construction And by Mr. Nitin Manaktala, CFPCM, CEO India, OMNIMax India Exit Pvt. Ltd. by Mr. Shankaran Naren, CIO, ICICI Prudential AMC Ltd.

(ix) (vii) Topics covered: Visit of Chairman-Securities and Exchange 1. Emerging Regulatory Challenges in Securities Markets Board of India (Mr.C.B.Bhave) to FPSB India by Mr. Amarjeet Singh,Regional Manager, SEBI Mumbai office: SEBI Chairman, Mr. C B Bhave visited the new office premises 2. Behaviour of Indian Financial Markets to FIIs movement of FPSB India on 13th November, 2009 where he interacted by Mr. Deeptan Chakraberty, Standard Chartered Bank with some Directors and staff of FPSB India. Mr. Ranjeet S Mudholkar, Principal Advisor and Member, Board of 3. Laws of Wills and Succession Directors of FPSB India made a presentation before Mr. Bhave by Mr. Narendra Ahuja, Sr. Advocate highlighting the genesis of Financial Planning profession in 4. Ethics in Financial Planning India and globally; the vision, mission and objectives of FPSB by Mr. Vikas Verma,MD & CEO,Nirvana Corp Inst India, the key initiatives launched and the roadmap ahead. 5. Tax Planning for Better Financial Planning The principal role of FPSB India was highlighted as setting by Prof. R P Tulsian standards for Financial Planning professionals, especially CERTIFIED FINANCIAL PLANNERCM practitioners who are certified by FPSB India. The SEBI chief took keen interest in the (x) activities and initiatives taken by FPSB India and suggested to Topics covered: conduct a Survey and analysis of the subsequent data to have In this workshop which was conducted by prominent a perspective on the professional experience, inclination and Investment experts, the participants were introduced to some preferences of those certified of FPSB India and executives of the key mathematical programs such as deterministic linear engaged in financial services across India. programming, stochastic programming, etc. which form the foundation for solving the ALM problems. (viii) Topics covered: (xi) 1. Active vs. passive management of portfolio in Financial Visit by Ms. Angeline Chin, CEO, Institute of Planning by Mr. Sanjay Sinha, CEO, DBS Cholamandalam AMC Ltd. Financial Planners of Hong Kong (IFPHK) to FPSB India Office:

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ANNUAL REPORT.indd 55 4/30/2010 12:38:19 PM Events

Ms. Angeline Chin, CEO IFPHK visited FPSB India’s office highly competent Financial Planning professionals & leaders in Mumbai on 8th Dec 2009. During her visit she interacted in their field who would be an integral part in the progress with Mr. Ranjeet S Mudholkar, Principal Advisor and Member, of their organizations and profession. In order to bolster Board of Directors, FPSB India and other staff members as well. their potential/abilities we are organizing an activity based She also gave an overview on the Financial Planning industry workshop, which is a unique, intensive, and highly interactive in Hong Kong by way of a small presentation. program, which intends to help participants understand the During the course of discussions it emerged that multiple value of Focus & Synergy in their everyday lives. regulatory structure of financial services exists in both Hong This unique workshop used a different model to look at the Kong as well as in India. However, unlike India, there is a high problems of leadership & motivation amongst participants. level of financial literacy among the masses in Hong Kong and The workshop endeavored to serve as a catalyst for profound some similar qualifications vie with CFP Certification which leadership transformations. Participants experienced and are recognized by public and institutions. She also highlighted applied Practices through video clippings, group problem- the initiatives taken in the past by IFPHK such as Financial solving tasks, lectures, and outdoor action learning. World Expo targeted on consumer literacy, Corporate Social The workshop offered tested and rigorous approaches to responsibility drives such as Financial Planning Clinics, stress & control management. It developed one’s confidence Financial Education Skits, Ambassador program for secondary and assist in leading others to develop the risk-taking and school students. imaginative attitude essential to business success. There were multiple takeaways for both the affiliates The session involved active participation under the guidance from this brief interaction. For FPSB India, the positioning of of professional trainer from the discipline. Financial Planning in and CFPCM Certification, further facilitation of education by having a standardized course material, creating enough incentives and motivating factors (xiv) for existing certificants are some of the major challenges. FPSB India’s Financial Planning Practice Management Workshop 7, Series 1 (xii) Held successfully in Bengaluru, New Delhi & Mumbai, HR Summit 2009: on Theme “ Making Of A Financial Plan” on 23rd March in FPSB India conducted HR Summit 2009 on December 16th at Bengaluru & 27th March in Delhi & Mumbai . The Club, Mumbai. The HR Summit 2009 was Indian financial The workshop provided a platform to the participants services sector’s leading HR event for the Financial Planning of understanding on clients’ requirements & accordingly professionals. Spread over an entire day, the delegates saw the preparing a customized client oriented Financial Plan. very best speakers from the industry. This Summit served to The workshop helped participants in understanding on be a networking platform and a springboard for FPSB India to building a world-class Financial Plan. promote the CFPCM certificants to the senior HR professionals & recruiters from across the country. Designed for those involved in strategic human resource Alexa.com Ranking of FPSB India’s website: management, senior HR professionals from leading companies The ranking of FPSB India’s website www.fpsbindia.org delivered innovative solutions and best practices through panel improved drastically to within 10,000 from 73,530 a couple of discussions and interactive sessions. Participation of Naukri. months ago. The ranking is in terms of traffic of visitors on our com, India’s leading job portal as on “Online Media Partner” website and is confined to within the Indian territory. for the event added substantially to the value proposition of the Summit, both in terms of reach & recognition. Date Alexa India Rank 12-Nov-2009 73530 (xiii) 22-Dec-2009 10683 FPSB India Leadership Workshop 24-Dec-2009 9844 On 13th March 2010 FPSB India organized Leadership 05-Jan-2010 7368 Workshop for FPSB India staff & Charter Members in Mumbai 13-Jan-2010 7012 with the aim to fight the stress & develop the confidence that hard-work & strong-will makes everything and anything 31-Jan-2010 8566 possible. 28-Feb-2010 11903 FPSB India has always endeavored towards building 31-Mar-2010 10689

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ANNUAL REPORT.indd 56 4/30/2010 12:38:19 PM 9. List of Board of Directors

The updated list of FPSB India’s Board of Directors is given below:

S.No Name Designation Designation & Company

Chief Executive-Financial Services Aditya Birla Group 01 Mr. Ajay Srinivasan Chairman One India Bull Centre, Tower I, Jupiter Mills Compound 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013 Executive Editor – Business 02 Mr. Gautam Chikermane Vice Chairman Hindustan Times 18-20 Kasturba Gandhi Marg, New Delhi - 110001 Executive Director 03 Mr. Anup Bagchi Director ICICI Securities Ltd. ICICI Centre, H. T. Parikh Marg, Churchgate, Mumbai – 400 020 Chief Executive L&T General Insurance Co. Ltd. 04 Mr. Joydeep Kumar Roy Director 8th Floor, THE METROPOLITAN, C26/27, ‘E’ Block Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051 Executive Director 05 Dr. Kamal Kishore Goel Director Unique Health & Wealth Consultants Pvt. Ltd. UU-11, 1st floor, Vishakha Enclave, Pitampura, Delhi MD & Chief Financial Planner International Money Matters Pvt. Ltd. 06 Mr. Lovaii A Navlakhi Director CRS, 1st Floor , 14, Cunningham Road, Opp. Le Meridien Staff Gate, Bangalore – 560 052 Principal Advisor FPSB India 07 Mr. Ranjeet S Mudholkar Director 702, 7th Floor, Leela Business Park Andheri Kurla Road, Andheri (E), Mumbai – 400 059 Country Head - Wealth Management 08 Mr. Sharad Sharma Director BNP Paribas French Bank Building, 62 Homji Street, Fort, Mumbai – 400 030 President & CEO Reliance Capital Asset Management Ltd. 09 Mr. Sundeep Sikka Director One India Bull Centre, Tower I, Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road, Mumbai – 400 013 GM (Financial Planning & Wealth Management) State Bank of India 10 Mr. V Murali Director Corporate Centre, 12th Floor, State Bank Bhava, Madame Cama Road Mumbai - 400 021 Head-Wealth Management Standard Chartered Private Bank 11 Mr. Vishal Kapoor Director Standard Chartered Tower, 6th Floor, 201 B/1, Western Express Highway, Goregaon (E) , Mumbai – 400 063

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ANNUAL REPORT.indd 57 4/30/2010 12:38:19 PM 10. List of Charter Members of FPSB India

The updated list of Charter Members of FPSB India is given below:

S.No. Company Representative Designation

1 Alliance Bernstein Corporation Mr. Shailesh Haribhakti Representative 2 ASK Wealth Advisors Private Limited. Mr. Rajesh Saluja CEO & Managing Partner 3 Axis Bank Ms. Sonu Bhasin President Retail Financial Services Vice Chairman & Managing 4 Bajaj Capital Limited. Mr. Rajiv Deep Bajaj Director 5 Barclays Bank PLC Mr. Satya Narayan Bansal CEO - Barclays Wealth 6 Birla Sun Life Distribution Company Limited Mr. Kanwar Vivek Chief Executive Officer 7 Birla Sun Life Insurance Company Limited Mr. Ajay Srinivasan Chief Executive Financial Services Country Head- Wealth 8 BNP Paribas Mr. Sharad Sharma Management Country Investments and Insurance 9 Citibank N.A Mr. Sourabh Kumar Director 10 Destimoney Mr. Vivek Vig MD & CEO Head & MD of Private Wealth 11 Deutsche Bank AG Mr. Ajay Bagga Mgmt. 12 Dhanlaxmi Bank Mr. Amitabh Chaturvedi Managing Director & CEO 13 Dynamic Equities Private Limited Mr. Shailesh Saraf Managing Director 14 Edelweiss Group Mr. Jimmy A Patel Chief Executive Officer Head of Business – FIL 15 FIL Fund Management Private Limited Mr. Suraj Kaeley FundsNetwork Pvt. Ltd. FPI Padmakshi Financial Planning & Wealth 16 Mr. Yvo Metzelaar Director Management Franklin Templeton Asset Management (India) 17 Mr. Vivek Kudva President Private Limited 18 Geojit BNP Paribas Financial Services Limited Mr. C.J. George Managing Director 19 HDFC Asset Management Company Limited. Mr. Milind Barve Managing Director & CEO Head, Personal Financial Services, 20 HSBC Mr. Rajnish Bahl India 21 ICICI Bank Limited Dr. G Ramachandran Head Global Research Group ICICI Prudential Asset Management Company 22 Mr. Nimesh Shah Managing Director Limited ICICI Prudential Life Insurance Company 23 Mr. Tarun Chugh Chief – Alternate Distribution Limited 24 ICICI Securities Limited Mr. Anup Bagchi Executive Director

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S.No. Company Representative Designation

25 ING Financial Services Private Limited Mr. Navin Suri Managing Director & CEO Chief Executive - Wealth 26 Karvy Stock Broking Limited Mr. Hrishikesh Parandekar Management 27 Kotak Mahindra Bank Limited Mr. C. Jayaram Executive Director 28 KZen Equities Services Pvt. Ltd. Mr. Rahul Patel Managing Director & Partner Chief Executive – L&T General 29 L&T Finance Ltd. Mr. Joydeep Roy Insurance Company Ltd. 30 L&T Mutual Fund Mr. Sanjay Sinha Chief Executive Officer 31 Life Insurance Corporation of India Mr. Arvind Swaroop Secretary, Field Personnel Training 32 Mirae Asset Global Investments (I) Pvt. Ltd. Mr. Arindam Ghosh Chief Executive Officer 33 MetLife India Insurance Company Limited Mr. Rajesh Relan Managing Director Associate Director - Business Strategy 34 Motilal Oswal Securities Limited Mr. Manish Shah and New Initiatives 35 Networth Stock Broking Limited Mr. Girish Dev Chief Executive Officer 36 Principal PNB AMC Private Limited Mr. Rajan Ghotgalkar Managing Director 37 Reliance Capital Asset Management Limited Mr. Sundeep Sikka President & CEO 38 Reliance Life Insurance Company Limited Mr. Malay Ghosh President 39 Reliance Money Limited Mr. Kapil Bali CEO 40 Religare Enterprises Limited Mr. Sunil Godhwani Chairman & Managing Director 41 SBI Funds Management Private Limited Mr. Achal Kumar Gupta Managing Director 42 SBI Life Insurance Company Limited Mr. MN Rao Managing Director & CEO Country Manager- India & 43 Shinsei Bank Group Mr. Sanjay Sachdev Regional Manager S.E. Asia -Fund Management 44 SKP Securities Limited Mr. Naresh Pachisia Managing Director 45 State Bank of India Mr. V Murali General Manager (New Businesses) Head Relationship Management - 46 Standard Chartered Bank Mr. Vishal Kapoor Pvt. Bank India 47 TATA AIG Life Insurance Company Limited Mr. Suresh Mahalingam Chief Operating Officer 48 TATA Asset Management Limited. Mr. V. P. Chaturvedi Managing Director 49 UTI AMC Limited Mr. Debashish Mohanty Country Head – Retail Sales 50 World Gold Council Mr. Ajay Mitra Managing Director

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ANNUAL REPORT.indd 59 4/30/2010 12:38:19 PM CM JOIN THE GLOBAL FINANCIAL PLANNING COMMUNITY

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