Posted by The Team at Brand Financial Training on July 11, 2023 in Newsletter
11 JULY 2023
Summer is finally upon us!
We hope you’ve been enjoying the recent nice weather, we know we certainly have. Work is underway for the tax year updates, if you’ve recently bought materials from us but won’t be sitting your exam until September then keep reading – there’s some important information for you below.
We also wanted to say a big thank you to all of our customers. Our chosen charity to support in 2023 is the Trussell Trust, and we are now able to make monthly donations to them, so that they can continue the essential work that they do. This wouldn’t be possible without you, our customers. You can read more about what the Trussell Trust do on their website.
Featured Article
Ensuring ethical conduct is crucial within the financial services industry, where the reputation of financial advisers and firms hinges on their integrity and client treatment. This blog post delves into the significance of ethical behaviour, focusing on codes of ethics, particularly the Chartered Insurance Institute’s (CII) code, and the role it plays in maintaining high professional and ethical standards. Discover why ethics matter in financial services and how unethical behaviour can impact trust, reputation, legal compliance, and professionalism. This article is particularly relevant to the CII’s R01 and CF1 exams.
Practice is an essential ingredient in the recipe for achieving excellence. From the widely discussed 10,000-hour rule to the importance of purposeful and sustained practice, mastering any skill requires dedication, focus, and a commitment to continuous improvement. In this article, we delve into the significance of practice, debunking myths, exploring different perspectives, and highlighting the key elements that make practice effective and valuable in various domains, including the realm of financial services exams.
The change in examinable tax year is just around the corner!
The CII update their syllabus every September to reflect most recent changes, so this is things like rates of tax and allowances, updated figures for state benefits, and any changes in regulation since the previous year’s edition. So, we go through the same process here at Brand Financial Training, and we also update our resources to make sure they are fully reflective of any changes that the CII has made within their examinable syllabus.
However, please do note that we only make changes to update our resources to be applicable to the next examinable tax year, and to change any question styles as specified within the exam guide from the CII – we don’t rewrite our resources from scratch each year.
For most of our resources, if you purchased our 22/23 resources*, you can request the updated 23/24 versions (examinable from 1 September) once these are available. We will send out an email once the updated resources are available, near to the end of August.
* This excludes our R01/R02/R03/R04/R05 Video Tutorials and E-Mocks (which are based on a three-month subscription period), our R06 and AF5 full analysis packages, and any discontinued resources.
Focus On...
PDF Mock Exam Papers
Passing your CII exam isn’t only about having the necessary knowledge and understanding, it’s about being able to apply that knowledge in an exam setting exactly as needed and in a timely manner.
It is essential that you practise multiple exam papers to ensure that you know exactly how to apply your knowledge. Too many people fail due to a lack of exam practice, even if their knowledge is good.
Our Online E-Mocks ensure you get the practice you need, as well as give you a detailed explanation of the correct answers, to enable you to achieve exam success.
Our PDF mock exam papers ensure you get the practice you need to enable you to achieve exam success.
Check out our new Youtube channel. Subscribe to see exam tips, how to’s, and more!
Updates to CII Study Texts
Here’s a reminder that the CII update their study texts throughout the examinable year to either incorporate new legislations, correct errors, or clarify information. Many candidates aren’t aware of this, which can result in candidates studying out-of-date information.
To find out if you have the most up-to-date information, visit the CII website, navigate to your chosen exam and click on ‘learning solutions update’ in the ‘Unit updates’ section in the sidebar.
Quote of the Month
..." An investment in knowledge pays the best interest. "...
