The three top tips for exam preparation? “Past papers, past papers, past papers.”
Advisers at a recent Money Marketing Academy training course were asked: “What helped you pass your exams?” Their response: take a past paper first, before you even open the study book. That way you’ll understand what is required for the exam, self-test your knowledge and inform your revision plan. Practice on calculations in particular is very valuable because the same sorts of questions come up again and again and it’s a good way to pick up some points. Get your exam date booked before you start your revision so that you’ve got an end point to work towards.
If you’re sitting one of the following exams, here is where you can find mock questions and practice papers to test your knowledge and readiness for the big day.
Free study help courtesy of Zurich Financial Services at www.zurich4qualifications.co.uk
If you have bought a study book for your CII exam, you’ll have access to RevisionMate http://www.revisionmate.com where you’ll find the CII’s online exam simulator, exam guides, mock questions and a study planner.
CII members can log in here to download past papers for the CII’s written exams:
Questions packs are available to purchase from the CII, priced at £23 for members and £25 for non-members. Each pack consists of 3 mock exams (comprising a total of 300 questions) providing exam practice to test knowledge and develop technique.
See www.cii.co.uk/dip-rfp for further details and availability.
Click here for an example case study and plan for the CFP certification assessment.
3. ifs School of Finance: Diploma for Financial Advisers DipFA
Students at the ifs receive copies of past papers as part of their course. Log in at https://my.ifslearning.ac.uk/ to access your resources
A specimen coursework example and model answer is available here.
Study tips for DipFA can be viewed here.
4. AIFA: Diploma in Investment Planning
A specimen paper can be viewed here.
The answers can be found on the solution paper here.
5. Calibrand/SQA: Diploma in Professional Financial Advice
Registering your interest in this Diploma provides access to Calibrand’s adviser learning centre with free training material and practice tests. Enter your details at http://www.calibrand.com/solutions/rdr-registration.html
- 'Free, impartial, face-to-face advice': Can Osborne deliver on his Budget pension promise?
- HMRC: Savers will not face tax-free cash penalties following Budget reforms
- Nick Bamford: Why aren't advisers explaining their charges properly?
- Standard Life hits small firms with £1,200 fee following charge cap