| Exam |
Level |
Exam structure |
Duration (hours) |
Recommended study time (hours) |
Nominal pass mark (%) |
| CF1 |
Certificate |
100 question multiple choice |
2 |
60 |
70 |
| CF2 |
Certificate/ diploma |
100 question multiple choice |
2 |
70 |
70 |
| CF3 |
Certificate |
50 question multiple choice |
1 |
40 |
70 |
| CF4 |
Certificate |
50 question multiple choice |
1 |
40 |
70 |
| CF5 |
Certificate |
Written paper comprising 2 case studies and associated questions |
2 |
70 |
55 |
| CF6 |
Certificate/ diploma |
100 multiple choice questions and 5 case study scenarios each comprising 5 multiple choice questions |
3 |
70 |
70 |
| CF8 |
Certificate/ diploma |
50 multiple choice questions and 5 case study scenarios each comprising 5 multiple choice questions |
2 |
60 |
70 |
| ER1 |
Certificate/ diploma |
50 multiple choice questions and 5 case study scenarios each comprising 5 multiple choice questions |
2 |
60 |
70 |
| HR1 |
Certificate |
30 multiple choice questions including 5 scenario based questions |
1 |
20 |
70 |
| |
|
|
|
|
|
| FA1 |
Certificate |
50 question multiple choice |
1 |
40 |
70 |
| FA2 |
Certificate |
50 question multiple choice |
1 |
40 |
70 |
| |
|
|
|
|
|
| JO1-JO7 |
Diploma |
Written paper comprising 15 compulsory short answer questions |
2 |
90 |
55 |
| |
|
|
|
|
|
| AF1-AF4 |
Advanced diploma |
Case study approach. Written papers comprising 160 marks spread over three compulsory questions. Marks for questions 2 and 3 may vary between examination sessions.
Question 1 – 80 marks
Question 2 – 35-45 marks
Question 3 – 35-45 marks |
3 |
120 |
55 |
| AF5 |
Advanced diploma |
Candidates receive a “fact find” two weeks before the examination. The examination tests key aspects of the financial planning process as applied to the client scenario. |
3 |
120 |
55 |
Online material available from Wizard Learning
Online assessment packages
CF1, CF2, CF3, CF4, CF5, CF6, CF8, ER1, HR1, FA1, FA2
Subject knowledge questions
J01, J02, J04, J05, J06
Practice exam packages
J01, J04, J05, J06, AF3 |
