AF3 – Pension Planning: This examination assesses the candidate to develop in depth financial planning skills related to personal and corporate pensions.
AF4 – Investment Planning: This examination assesses the candidate to develop in depth financial planning skills related to investments and the management of investment portfolios
AF5 – Financial Planning Process: This examination assesses the candidate to develop an understanding of the financial planning process when giving advice to clients.
G10 – Taxation and Trusts: This examination assessed a knowledge and understanding of the UK tax system, the law and practice of trusts, but also an ability to advise individual clients on the tax treatment of their investments and the use of trusts to meet their current and foreseeable future needs.
J04 – Pension Funding Options: At the end of this unit, candidates should be able to demonstrate an understanding of the: main tax and legal frameworks that govern the accumulation phase of building up retirement benefits under registered pension schemes; features of defined contribution and defined benefit pensions; choices faced by early leavers and use of transfer value analysis; State retirement benefits available, including the risks and suitability of contracting out of the State Second Pension.
J05 – Pension Income Options: At the end of this unit, candidates should be able to demonstrate an understanding of the: process of decumulating pension funds and the main issues for clients and advisers; main choices facing members of pensions schemes during decumulation; features, risks and tax treatment of the secured pension option; features, risks and tax treatment of the unsecured pension option; features, risks and tax treatment of phased retirement; features, risks and tax treatment of the alternatively secured pension option.
J06 – Investment Principles, Markets and Environment: At the end of this unit, candidates should be able to demonstrate an understanding of: how the economic environment and individual company performance affects investment performance and investment decision making; how risk is measured and managed; the main principles governing how to construct an investment portfolio; the range of investment management services, how their performance is evaluated and their regulatory environment.
R01 – Financial Services, Regulation and Ethics: This qualification assesses a knowledge and understanding of the financial services industry, including regulation, legislation and the Code of Ethics.
CF1 – UK Financial Services, Regulation and Ethics: This examination assesses knowledge and understanding of the purpose and structure of the UK financial services industry.
CF2 – Investment and Risk: This examination assesses a knowledge and understanding of investment products and the risks involved.
CF3 – Financial Protection: This examination assesses a knowledge and understanding of financial protection plans.
CF4 – Retirement Planning: This examination assesses a knowledge and understanding of the various pension products, the pension tax regime and retirement needs.
CF5 – Integrated Financial Planning: This examination assesses a knowledge and understanding of the concepts and products from across the financial planning industry.
CF6 – Certificate in Mortgage Advice: This qualification assesses a knowledge and understanding of the UK regulation environment in the financial services industry, mortgage products, repayment options and the giving of mortgage advice.
CF9 – Pensions Simplification: This examination assesses a knowledge and understanding of the Government’s simplified pension taxation regime which came into full effect on 6 April 2006 (A-Day). Eight tax regimes for pensions were reduced to one, radically affecting planning and transactions.
FP1 – Financial Planning Certificate Paper 1: Part one of the nationally-recognised Financial Planning Certificate.
FP2 – Financial Planning Certificate Paper 2: Part two of the nationally-recognised Financial Planning Certificate.
FP3 – Financial Planning Certificate Paper 3: Part three of the nationally-recognised Financial Planning Certificate.
