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  • A Closer Look at Purchased Life Annuities

    In this article, we look at purchased life annuities, focusing in particular on their taxation and the reasons for and against their purchase - useful for CII R02, R03, R04, R06, J05, J10, AF1, AF4, and AF5 exam preparation.

  • The Little-Known Tax Perk of Being Married

    Previously, we looked at the Married Couple’s Allowance, a tax break for married couples where at least one of the partners was born before 6 April 1935. In this article, we introduce you to the lesser known Marriage Allowance, an income tax break for married couples of any age, but there are still very specific eligibility conditions in order to benefit from this allowance. Here, we discuss those circumstances and provide an example that will be useful to those who are studying for any of the CII CF1, R01, R03, R06, AF1, or AF5 exams.

  • Married Couple’s Allowance: Tax Relief for Older UK Couples

    The Married Couple’s Allowance is a significant tax benefit available for couples in the UK where at least one partner was born before April 6, 1935. This article outlines the key features of this allowance and will be useful to those who are studying for any of the CII CF1, R01, R03, R06, AF1, or AF5 exams.

  • A Look at Recent Past Papers for the CII AF1 Exam

    In this article, we are taking a look at the questions asked in four past exam papers of the CII’s Advanced Diploma in Financial Planning AF1 exam; this is the unit that tests personal tax and trust planning.

  • Getting Back to Basics on Property Ownership

    In a recent CII written exam, the property owned by a husband and wife was held as tenants in common rather than as joint tenants. The differences between the two could be tested in CF1, R01, R05, R06, J02, AF1 or AF5.

  • Getting to Know the ‘Know Your Customer’ Rules

    Here, we take a look at the ‘know your customer’ rules, focusing, in particular, on investment objectives - useful reading for the CII's CF1, R01, R02, R06, AF4, and AF5 exams.

  • Why Do We Put Ourselves Through Professional Exams?

    Anyone who has ever studied for professional exams knows it’s not easy. Juggling revision with a full-time job often means evenings with the books instead of family, and weekends that vanish into practice papers. With all that sacrifice, it’s worth asking: why do we actually do it? Read on to find out what drives people to take on the challenge – and why the rewards go far beyond the qualification itself.

  • A Look at Recent Past Papers for the CII AF1 Exam – March 2024

    In this article, we are taking a look at the questions asked in four past exam papers of the CII’s Advanced Diploma in Financial Planning AF1 exam; this is the unit that tests personal tax and trust planning.

  • Capital Gains Tax and Private Residence Relief

    Understanding how PRR works is important for both tax planning and CII exam revision purposes. This article is particularly relevant for students studying for R03 and AF1 and is a subject that often picks up marks in R06 and AF5.

  • Looking at the Link Between Inflation and Interest Rates

    In this article, we look at the link between inflation and interest rates, and how they both impact investments. This is particularly relevant to the CII R02 and AF4 exams but may also be useful to those studying for R01, CF1, R04, AF7, R06, or AF5.

  • A Look at Recent Past Papers for the CII AF1 Exam – January 2025

    In this article, we are taking a look at the questions asked in four past exam papers of the CII’s Advanced Diploma in Financial Planning AF1 exam; this is the unit that tests personal tax and trust planning.

  • Navigating Recent Changes to the Lifetime Allowance, PCLS, and Death Benefits

    The legislation to abolish the lifetime allowance has now been formally passed through Parliament. That’s one headache gone… isn’t it? Unfortunately not, whilst there will no longer be a punitive tax charge for exceeding a nominal limit, we are still going to have to bear that figure in mind because individuals will now be subject to a lump sum allowance and a lump sum and death benefits allowance. The upshot is that for exam candidates, a lifetime pension allowance remains very firmly part of the syllabus for the pensions exams. This article is relevant for candidates who are studying towards the CII R04, FA2, J05 and AF7 exams.

  • Transferring your Child Trust Fund to a Junior ISA

    The following discusses Junior ISAs and what's involved in transferring a Child Trust Fund (CTF) to a Junior ISA. This will be of interest to you if you are sitting any of the CII R02, AF4, J10 or J12 exams.

  • 2028 Protection Explained: Key Facts for CII Exam Preparation

    In this article, we look at 2028 protection, which is a form of transitional protection that will apply in 2028 when the normal minimum pension age increases to 57. This is particularly relevant to the CII J05 exam, where it has been specifically examined on multiple occasions previously, but could also easily come up as a question in R04. It may also be relevant to AF7.

  • A Look at Recent Past Papers for the CII AF4 Exam

    In this article, we are taking a look at the questions asked in four past papers of the CII’s Advanced Diploma in Financial Planning AF4 exam – this is the unit that tests investment planning.