March 18, 2005—Atlanta, Georgia – LOMA, the leading trade association to the financial services industry and 2003 winner of the Asia Insurance Industry Award for Education Provider of the Year, joins with TANDIKA Learning Institute for Financial Services in Indonesia, to announce the new Certified Professional in Financial Services (CPFS) education program (www.loma.org/cpfsprogram.asp).

The continuing evolution toward an international competitive environment has had significant ramifications for insurance and financial services organizations, and in order to develop and sustain effective international operations, LOMA created the Financial Services Institute (FSI). The FSI provides business solutions and education programs to best serve the unique professional development needs of organizations that have evolved from insurance companies to multifaceted financial services institutions and help industry professionals become more knowledgeable and confident with the full range of their company's services from mutual funds to employee benefit plans, to wealth accumulation products and more.

The premiere education program of LOMA's FSI is the Fellow, Financial Services Institute (FFSI) designation which provides insight for individuals who develop, manage, administer, and support wealth accumulation products, retirement plans, employee benefits, banking products, mutual funds, and other financial products. The CPFS program uses FFSI courses so in addition to the career benefits the CPFS program provides, CPFS courses are internationally-accredited, fulfill Indonesian government required education standards, and also count as credit towards both the CPFS and FFSI designations.

The CPFS program will increase professionalism in the various fields of financial services: banking, insurance, securities, financial planning and more. The courses that comprise the CPFS program include the following:

• LOMA 305: Personal Financial Planning
• LOMA 326: Financial Services Marketing
• LOMA 356: Investment Principles and Institutional Investing
• CPFS 100: Financial Planning Negotiation Skills Program

"The rapid evolution of financial services organizations in Indonesia has created the strong need for international standards in financial services education," stated Thomas P. Donaldson, FLMI, CLU, president and CEO of LOMA. "Banks, insurance and mutual fund companies are combining and packaging products to attract consumers at large. With the CPFS program professionals gain the knowledge they need to excel individually which translates directly to greater success for their organization."

Donaldson will be in Jakarta, Indonesia on Friday, March 18, 2005 to formally launch the CPFS program.