FA2 Pensions administration

What's included?

• six online assessments containing 50 question per assessment - these are similar to what you can expect in the actual exam;
• unlimited random assessments (10 questions per assessment) generated from our question bank;
• CPD certificate feature - All your assessment results are recorded in the database, which allows the system to compile your personalised CPD certificate.

What does it cost?
Click here for costs and then click on the "multi-buy" image for discounted prices and any special offers.

How do I purchase?
A simple three stage process that will allow you access in less than 3 minutes:
STAGE 1: Click here to register
STAGE 2: Then login and click on “Buy Accounts” from the menu
STAGE 3: Select your account and click on “Buy Account” then enter your details. All payments are collected through the Worldpay (Part of The Royal Bank of Scotland Group) secure server.

Note if you are already registered then login and follow stages 2 and 3.

What are the main benefits?

• You get practice at taking exam style questions.
• When the answer appears after you answer each question we supply a reference to the CII study book allowing you to quickly find that topic for further revision.
• Your results are provided after every assessment and are graded in line with the notional pass rate. This gives you a good indication of your chances of passing. As you do further studies and take more assessments you will expect to see your percentage improve.
• The percentage achieved in every assessment is benchmarked against previous students percentages giving you a further indication of your performance. This is shown after every assessment and you can also view this at any time.
• All results and estimated CPD times are stored in the database and you can view and print these using the CPD certificate/learning log feature. This is an ideal way to keep a record of your results and learning.
• After taking all the full assessments, which you can take as often as you like, you might also want to take some shorter assessments to break up your study into a smaller segments to fit the time you have available. Our short assessment feature draws 10 questions as random from the full assessment bank.
• All questions are written by industry experts with extensive experience of setting exam style questions, all questions are regularly reviewed.

How is my CPD recorded?
Our database records all your assessment results. If you complete all six CF1 assessments just the once then you will be allocated 6 hours of CPD time with additional time being allocated for every random assessment, Wizard game and additional full assessment completed. After each assignment is finished the system adds the time taken and your results to the CPD certificate. The CPD certificate shows your personal details, period over which assessments completed, time taken to complete assessments, assessment scores and the certificate is marked as verified by Mike Goldsmith FPFS.

Exam details
Structure: 50 question multiple choice
Duration: 2 hours
Recommended study time: 20 hours
Nominal pass mark: 70%

Syllabus overview
At the end of this unit, candidates should understand:
The regulatory and legislative environment governing pensions
The basic principles of pension taxation and administration
The basic pension product types, including group pensions
With profits and unit linked investments
The different pensions and options available when taking benefits

Additional services
Click here for a summary of all our services, please contact us if you have any questions.