New study presentation, CPD, AF5, R06

Posted Oct 02, 2017

This update covers:

1. The expected solutions for the AF5 and R06 October exams are now available
2. Taking Continuous Professional Development seriously
3. Study presentation - the importance of testing

1. The expected solutions for the AF5 and R06 October exams are now available.

AF5
The Expected Solution is now available for immediate download and contains 51 pages of expert analysis.

The Expected Solution is a detailed analysis by our panel of experts of the fact-find issued by the CII 2 weeks prior to the exam and includes:

  • A detailed analysis of the client’s situation
  • Identification of all financial needs
  • A list of the questions that we feel could be asked together with a detailed solution.

To help with your preparation the following are also included:

  • Our R01 to R05 online multimedia courses
  • Our Expected Solution for the previous 4 AF5 exams
  • An online advice skills course
  • Two online mock exams designed by our training team to help you assess your technical knowledge and get experience in the technique needed to pass the exam.

Then select AF5 The Expected Solution Package

R06
The Expected Solution is now available for immediate download. There are 38 pages of expert analysis for case study 1 and 43 pages for case study 2, as well as 14 pages of generic information on questions that may be asked.

The Expected Solution package includes a detailed analysis by our panel of experts of the 2 case studies that are issued by the CII 2 weeks prior to the exam. We provide you with a list of the questions that we feel could be asked together with a detailed solution.

To help with your preparation the following are also included:

  • Our R01 to R05 online multimedia courses
  • Our Expected Solution for the previous 7 R06 exams
  • An online advice skills course
  • Two online mock exams designed by our training team to help you assess your technical knowledge and get experience in the technique needed to pass the exam.

R06 Select R06 The Expected Solution Package

2. Taking Continuous Professional Development seriously
The focus of the FCA is on advisers taking their CPD more seriously, and not just treating the requirement to keep their knowledge up to date as a tick-box exercise. We have designed our accredited CPD system to meet these requirements. Our CPD  information page includes articles and presentations to help advisers meet their CPD obligations and maximise the benefits from their CPD. We have also created this presentation: Which CPD camp are you in?

Investment principles and risk
To ensure that all our users are fully prepared for the CII’s new examination syllabus, which started in September 2017, we carried out extensive updates across all of our online materials. The most obvious changes made throughout the materials are the references to the tax year (2017/18), the new tax rates and allowances and the re-working of all associated examples.

However, due to some changes in taxation and other laws, there are certain changes which create new impacts on a number of areas important to the provision of advice.

The main changes to the sections for the R02 Investment principles and risk online course are listed below and are included in our accredited CPD system. All changes have also been reflected in the chapter assessments and the gap analysis assessments.

Although throughout the online courses there are many other minor amendments, as a part of your ongoing CPD, it is recommended that you make yourself fully familiar with these major changes to ensure that your knowledge and understanding is fully up-to-date. By using the Wizard Learning accredited CPD system you will have access not only to all these updated courses but also all the learning materials for all of these diploma courses. These can be used at any time to refresh your knowledge of specific areas, and by carrying out gap analysis assessments over the year from each of the subjects as a part of your overall CPD plan. You can also use the assessment results to identify areas of weakness against the learning outcomes and plan future CPD activities.

This article ‘R’ you doing the right CPD? covers how to meet the exacting standards for Statement of Professional Standing (SPS) CPD.

R02 Investment principles and risk: Online Multimedia Course

Chapter
Section
Change type
1
Cash - NS&I new product -The Investment Guaranteed Growth Bond
Major
7.1
Unit trusts (part 3and 4)
Major
7.2
ISAs – eligibility and structure, investment rules, ISA providers, ISA transfers, PLAs
Major

The top 5 areas covered by the major changes to consider are:

  • The NS&I Investment Guaranteed Growth Bond
  • How interest distributions are paid  from unit trusts and OEICs
  • Introduction of the Lifetime ISA
  • Introduction of PLAs in the R02 syllabus
  • New section on Sharia-compliant investments

Free trial - Try the CPD system before you purchase
We recommend that you try the accredited CPD system by requesting a free trial and you will have a week to try it to see if it meets your requirements. If you have an existing record then login and click on the "My Account" link on the left hand menu. If you have not previously registered then register here, login and then click on the "My Account" link.

3. Study presentation - the importance of testing
Our previous presentation focused on your memory and gave suggestions on how you could improve its recall function. If information only remains in the short-term memory it is quickly replaced with new details and so, it needs to be moved into the long-term area where it will be stored permanently.

An easy way of achieving this is by building regular testing sessions into your study plan. Not only does this move information into your long term memory but also allows you to see the progress you are making. This in turn increases motivation and gives a sense of achievement. Continuing to re-test at regular intervals keeps the long-term memory active and can be done simply by organising your study notes in a certain way.

Watch the Importance of testing presentation which provides more details on these aspects:

learning to learn

cpd

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