Join 40000+ of your fellow professionals and use our resources to pass your CII exams
14 Day Money Back Guarantee
You are either satisfied or you get your money back!

CII Certificate in Pension Transfer Advice

What is the purpose of this Certificate?

The CII Level 4 Certificate in Pension Transfer Advice is for those wishing to undertake pension transfer activities.  It is also useful for candidates wishing to increase their knowledge of pension transfers.

Pension transfer specialists will be required to hold the Level 4 qualification for providing advice on investments in addition to the Certificate in Pension Transfers. Originally, the FCA set a deadline date of October 2020 for this qualification requirement, but due to the COVID-19 situation, the deadline has been extended to 1 October 2021.

 

What do I need to do to achieve this Certificate?

Four units are required to achieve the CII Certificate in Pension Transfer Advice. These are:

CII Certificate in Pension Transfer Advice

CriteriaDetails
Available units:R01 Financial services, regulation and ethics
R02 Investment principles and risk
R04 Pensions and retirement planning
AF7 Pension Transfers
Credits required for qualification:70
Level:4

R01 Financial services, regulation and ethics

CriteriaDetails
Credits20 - Diploma
Exam FormatOnline, 2 hours
Number of Questions100 multiple choice questions (MCQs)
Nominal Pass Mark65%
Current Pass Rate64%

R02 Investment principles and risk

CriteriaDetails
Credits20 - Diploma
Exam FormatOnline, 2 hours
Number of Questions100 multiple choice questions (MCQs)
Nominal Pass Mark65%
Current Pass Rate60%

R04 Pensions and retirement planning

CriteriaDetails
Credits10 - Diploma
Exam FormatOnline, 1 hour
Number of Questions50 multiple choice questions (MCQs)
Nominal Pass Mark65%
Current Pass Rate58%

AF7 Pension transfers

CriteriaDetails
Credits20 - Advanced Diploma
Exam Format2 hours
Number of Questions3-4 short answer questions, 2 case study based questions
Nominal Pass Mark60%
Current Pass Rate43%