Pass your CMFAS exams
with focused mock questions
Mock questions, worked explanations and study notes for Singapore's CMFAS financial licensing exams — all in one app.
The CMFAS exams gate entry into Singapore's financial advisory and insurance industry. CMFAS KAKI turns each syllabus into bite-sized practice questions you can drill anywhere — RES 5 for financial-advisory rules, ethics and skills; M9 and M9A for life insurance and investment-linked policies; and HI for health insurance. Every question comes with a clear explanation, so you learn the reasoning, not just the letter.
- Thousands of CMFAS mock questions across RES 5, M9, M9A and HI
- Every question explained — understand why each answer is right
- Timed mock exams, automatic wrong-answer review, works offline
Available now on iOS and Android — free questions to start
In an investment-linked policy, the investment risk is generally borne by the ______.
Advisers must disclose material conflicts of interest and how they are remunerated before making a recommendation.
Know what to revise next — not just what to read
Short practice sets expose the exact rules and product concepts costing you marks. Review those misses, then retest until the answer and its reasoning both stick.
- 1.Pick one paper
- 2.Attempt a timed set
- 3.Review every miss
The five CMFAS papers
Switch freely between papers in one app. Each one is drilled as mock questions with explanations, backed by concise study notes and a timed mock exam.
Financial advisory: rules, ethics and professional skills
Life insurance and investment-linked policies
Structured products, derivatives and structured ILPs
Health and medical insurance cover
CIS — coming soon
Why prep for CMFAS with CMFAS KAKI?
From single-question drills to full timed mock exams — every step maps to the CMFAS syllabus.
Drill CMFAS mock questions, one at a time
CMFAS papers are multiple-choice, which makes them ideal for repeated drilling. Answer a question, see the correct option and a short explanation immediately, and the reasoning sticks far faster than re-reading a study guide.
- Sorted by paper: RES 5, M9, M9A and HI
- Realistic multiple-choice CMFAS practice questions
- See the correct answer and the reasoning instantly
Concise study notes for every topic
Before you drill, you need the concepts. CMFAS KAKI pairs each paper with tight, exam-focused notes — the key rules, definitions and product features distilled down — so you can read a topic, then test yourself on it right away.
- Rules, definitions and key concepts distilled
- Covers financial advisory, life and health insurance
- Read a note, then jump straight into questions
An ILP combines insurance protection with investment in sub-funds. The policy value moves with the funds, so the investment risk generally sits with the policyholder rather than the insurer.
Full mock exams, scored like the real thing
The thresholds are high: RES 5 requires at least 75% in Part I and 80% in Part II, while M9, M9A and HI require 70%. Mock-exam mode assembles a full timed paper, marks it the moment you submit, and shows exactly which topics pulled your score down.
- Separate mock papers for RES 5, M9, M9A and HI
- Timed sittings with an instant score
- Spot your weak topics the moment you submit
Every question you miss comes back
Questions you get wrong are collected automatically. In the run-up to exam day you can drill nothing but your weak spots — the fastest way to lift a borderline score over the line.
- Missed questions saved automatically
- Bookmark tricky ones to revisit
- Revise only what you still get wrong
Study anywhere, with no ads
Questions are cached after the first load, so you can practise on the MRT or over a coffee with no connection. No pop-up ads interrupt you — just clean, focused practice.
- Questions cached for offline practice
- No pop-up ads, ever
- Perfect for the commute or a short break
Know you're ready before you book
Progress is tracked per paper, so you can see how far along each module is at a glance. Book the real exam when your mock scores are consistently clear of the pass mark — not before.
- Progress tracked separately for each paper
- See the topics dragging your score down
- Book the exam with confidence, not guesswork
CMFAS study guides
Plain-English guides to the papers, the syllabus and how to study for each CMFAS exam
Frequently asked questions
When is the app launching? Is it free?
CMFAS KAKI is available now on the App Store and Google Play. On download you get a free trial allowance so you can try the practice questions, mock exams and wrong-answer review before deciding to upgrade.
Which CMFAS papers does the app cover?
You can currently switch between four papers in one app: RES 5 (Rules, Ethics and Skills for financial advisory), M9 and M9A (Life Insurance and Investment-Linked Policies), and HI (Health Insurance). M8A (Collective Investment Schemes II) is on the way.
Are these official CMFAS past papers?
No. CMFAS KAKI provides original practice and mock questions written to match the CMFAS syllabus. They are not official examination papers, and the app is not affiliated with MAS, IBF or any examination institute. Use them for study and self-assessment only.
What is the CMFAS exam?
CMFAS stands for Capital Markets and Financial Advisory Services. The exams are licensing papers that candidates take to be authorised to carry out regulated financial-advisory and insurance activities in Singapore. Registration, fees and the exact syllabus are set by the official examination body.
What score do I need to pass?
It depends on the paper. SCI currently requires RES 5 candidates to pass both sections: at least 75% for Part I and 80% for Part II. M9, M9A and HI each require 70%. Requirements can change, so always confirm the current pass mark, format and syllabus with the official examination body before you register.
Do I need internet to practise?
No. Questions are cached after the first load, so you can drill offline on the go. There are no pop-up ads to slow you down.
Start your CMFAS prep today
Mock questions, study notes and timed mock exams — available now on iOS and Android.
Available now on iOS and Android — free questions to start
