AF3 Pension planning

This online feature has been designed so that you can revise key syllabus topics and get practice preparing for the written format of this exam by taking two online papers.

CONTENTS

  • One self marked online exam style paper where you mark your typed in answers against a model answer.
  • One online exam style paper marked where you type in your answers online and is marked by one of our experienced markers (you may only take this paper once).
  • 3 case studies with 20 related multiple-choice questions including explanations of answers (each case study can be taken 5 times).

    Case study 1
    Deals with various unsecured pensions aspects including income levels, planning, critical yield and death benefits.
    Case study 2
    Deals with defined benefit schemes focusing on aspects of the lifetime allowance, annual allowance, benefit crystallisation, income options, primary protection and enhanced protection.
    Case study 3
    Deals with defined benefit funding aspects, MNTs, contracting out, PPF and key legislation areas.

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Cost and contents (click multi-buy image at top for discounted prices)
Instructions for completing exam style papers


Extract from Financial Adviser 28 February 2008

Firm offers Wizard idea for AF3 exam practice

Advisers aiming for chartered status can now get practical experience at taking the AF3 advanced pensions exam thanks to an online product from Wizard Learning.
The learning solutions provider has launched a service whereby candidates take a written mock online exam, which is then marked by a chartered financial plannercomplete with comments and answer suggestions and re-accessed by the candidate.
Mike Goldsmith, managing director of Wizard Learning and a chartered financial planner, said: “The CII recommends the advanced diploma candidates dedicate 120 hours of study in preparation for the AF exams, but where do you get that experience from?

Study guides are not issued for the advanced diploma exams because the exam is designed to build on knowledge already gained at diploma level.”
Mr Goldsmith, who expects more than 100 candidates to use the AF3 mock exam system by April, said: “Getting practice at taking the exams is what people are finding difficult. But that is what gives us a competitive edge.”
While past exam papers can be purchased from the CII, Mr Goldsmith says that these may not be up-to-date with recent legislation and obviously does not provide bespoke recommendations for each incorrectly answered question as the Wizard Learning online product does.

 

Our aim is to provide the complete online learning and exam support facility to financial services professionals.

 

In our most recent survey 95% of the 70 replies said they passed their exam and that Wizard Learning helped a lot. See http://www.wizardlearning.com/customers.html for details and testimonials.

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