R05 Exam: Financial Protection
The R05 exam for the Diploma in Regulated Financial Planning covers Financial Protection. Upon completion of the unit, an individual is expected to demonstrate a sound knowledge of protection planning issues.
- Financial protection in relation to consumer and retail market factors and trends
- The range of circumstances in which an individual may require protection planning
- The effects of state benefits and local authority-funded solutions on protection plans
- The suitability and tax implications of life assurance and pension products as protection solutions
- The main features of income protection insurance, critical illness insurance and other insurance based protection policies in connection with financial protection needs
The R05 Exam is held on most workdays, and you can choose from over 60 test centres in central locations across the UK. It is an online multiple-choice exam consisting of 50 questions and lasting for one hour.
Brand Financial Training study aids:
Brand Financial Training can supply you with a number of study aids to give you the best possible chance of passing the exam on your first sitting. The Mock Exam Papers include three full sets of questions and answers, and come with a free question taster set. The papers are kept up to date so that all relevant changes, either to the exam syllabus or the tax system, are reflected. Brand Financial Training’s Study Notes are an ideal way to get the information you need quickly and easily, and can be used as a condensed version of the CII text. The Mock Exam Papers and Study Notes for the R05 Exam are available in PDF format, meaning they can be sent to you electronically and you can work through them at your convenience. A completely free study aid is the Brand Financial Training newsletter “Maximise Your Potential”, which is full of handy tips, exam information and articles. All you need to do is provide your name and email address on the website to take advantage of this special offer.
Information in this article is correct as at July 2011