CII J05 Exam: Pension Income Options
The CII’s J05 exam forms part of the Diploma in Financial Planning. It is a 2-hour short answer question paper consisting of 15 questions, with a nominal pass mark of 55%.
The exam syllabus covers rules applying to retirement benefits when they are crystallised; the features, tax treatment and risks of the secured pension option, of the unsecured pension option, of phased retirement and of the alternatively secured pension; critical yield and how it relates to income withdrawal; benefits available due to ill health; state retirement benefits; regulatory & legal issues designed to protect clients drawing pension benefits and issues relating to pension advice.
Our learning resources
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Mock Exam Papers
3 full sets of 15 questions and answers including cross references to the relevant CII study text. All questions and answers are written by Brand Financial Training and kept up-to-date to reflect changes to the exam syllabus and tax year.
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Calculation Workbook
Focussing on the calculations within the exam syllabus, the calculation workbook provides calculation questions with full step-by-step answers, detailed explanations and cross-references to the relevant CII study text.
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Study Notes
Consider our study notes your condensed and more focussed take on the CII’s exam syllabus and learning outcomes. They put the exam syllabus into a sensible order and come with self-test questions.
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John ReynoldsExpert Pensions, Edinburgh - "I have just passed my exam first time, once again, relying mainly on your study notes. The calculation workbook was very useful, helping me to understand and work through the calculations, as were the mock exams giving me practice for the exam itself. Thank you!"Paul JacksonPartner, Professional Practice Services, Worcestershire
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Leanne TraceySenior Customer Consultant, Standard Life Direct - "I've used your resources for 3 exams so far and have always passed first time. I find these questions help to highlight those areas in which I am weak and which may need further study. I also find that questions in the exam are phrased in a way that I would not normally use, and that reading mock questions helps me to be aware of and alert to these. Your mock papers were invaluable in helping me to prepare for my exams."John BisattAdviser, Palmer Lane, Cardiff
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