The Chartered Insurance Ins titute is introducing two new half-credit AFPC exams.
The exams will be introd uced next year for advisers who want to move up from the FPC or top up existing AFPC passes.
The CII and its financial services arm Sofa have started promoting the exams to those who have recently completed the FPC or have passed the G60 pension paper but have not attained the full AFPC.
The new exams will cover retirement options and pension investment options. They can be taken independently of each other but the candidate will have to pass both to obt ain a full AFPC credit.
Each exam lasts two hours and has 14 compulsory short-answer questions. Entry fees are £59 per exam. The CII recommends candidates should allow 60 hours of study time.
CII director general and Sofa managing director Sandy Scott says: “We have recognised that for some people the AFPC represents a significant step up from the FPC in terms of demand and commitment to study and preparation. The half AFPC will make this transition easier.”