This update covers:
1. Know what is required for AF1, AF2, AF4 and AF5 and what we offer
2. Expected solutions for R06 and AF5
3. Accredited CPD System offer
1. Know what is required for AF1, AF2, AF3, AF4 and AF5 and what we offer
We have created these information pages for those sitting or planning to take their AF advanced diploma exams.
AF1 Personal Tax and Trust Planning: study requirements and guidance
AF2 Business Financial Planning: study requirements and guidance
AF4 Investment planning: study requirements and guidance
AF5 Financial planning process: exam requirements
What does Wizard Learning offers for the AF exams?
AF1 Personal tax and trust planning: study package
AF2 Business financial planning: study package
AF4 Investment planning: study package
AF5 The Expected Solution Package
2. Expected solutions for R06 and AF5
Our Expected Solution Packages offers MORE than any other training provider:
- Technical content for research
- Exam technique with access to past expected solutions and mock exams
- An online advice skills course
- THE EXPECTED SOLUTION
It’s a no brainer!
See our R06 and AF5 solutions page here for further details.
3. Accredited CPD System offer - maintain your diploma knowledge
If you are looking for a CPD system that can provide all your structured CPD, save time and maintain your diploma knowledge then take a look at our accredited CPD system. You can add a FREE 7 day trial to your record by clicking on the My Account link when you are logged in and selecting apply beside the CPD system. You also qualify for a 10% discount if paying by standing order and with this payment method we also guaranteed the cost will not increase for at least 3 years. Contact us if you would like to request this payment method.
All CPD completed is backed by an assessment and in addition to the assessment results we also include a generic reflective statement and development need statement to each CPD item on your CPD system report. You can modify the statements by exporting to Excel and amending the wording to reflect your personal experience. The report covers all the information needed by your Statement of Professional Standing (SPS) provider and can be emailed to them. The report can be set to cover any time period that you require.
Maintaining your Regulation and Ethics knowledge through CPD
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 example calculations and questions.
For example the main changes to the sections for the R01 Regulation and Ethics 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.
R01 Personal taxation: Online Multimedia Course
|
Chapter |
Section |
Change type |
|
1 |
The role and structure of the UK and international markets
The role of Government |
Minor
Minor |
|
2 |
Mortgages and loans
Retirement planning - pensions
Savings and investment products section 1
Savings and investment products section 2
State benefits |
Minor
Minor
Minor
Minor
Minor |
|
3 |
Law of contract and capacity
Property ownership
Law of intestacy (Scotland) |
Minor
Major
Minor |
|
4 |
Financial Services Acts
Other regulators |
Minor
Major |
|
5.1 |
The new regulatory structure
The FCA’s objectives
FCA supervision and the risk-based approach |
Minor
Minor
Major |
|
5.2 |
The FCA Handbook Common Platform Requirement
Block 3 Business standards – general requirements of firms
Other regulatory and legislative material |
Minor
Minor
Minor |
|
6 |
Authorisation
Approved persons and controlled functions
Money laundering |
Minor
Major
Major |
|
7 |
Regulated advice standards
Client relationships and adviser responsibilities |
Minor
Major |
|
8 |
Communicating |
Minor |
|
9 |
Main regulatory obligations for individuals |
Minor |
|
10 |
Ethics in financial services |
Minor |
The top 5 areas covered by the major changes to consider first are:
- The new Residence Nil Rate Band (RNRB), and its transferability
- Mortgage Credit Directive and the changes to the regulation of certain types of loan
- The Payment Systems Regulator, its objectives and powers
- Protection of pensions – The Pensions Advisory Service (TPAS), The Pensions Ombudsman and the Pensions Protection Scheme (PPF)
- The Financial Advice Market Review (FAMR) and its recommendations Regime
Free trial - Try the CPD system before you purchase
We recommend that you try the Wizard Learning accredited CPD system by requesting a free trial and you will have a week to try it to see how well 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.
Wizard Learning Ltd
Provider of accredited online training and CPD system for financial advisers and financial services professionals.
