CII AF7 study options


CII AF7 study options

Whether you have decided to sit the CII AF7 exam on Pension Transfers or you are just considering doing so, what are your AF7 study options?  If you are not sure what is available, here are some thoughts that should help you.

Should I bother buying the CII AF7 study text?

Slightly surprisingly, this is a question we are getting asked quite a lot. I say surprisingly because you will get the CII AF7 study text whether you like it or not when you enter the AF7 exam!  This represents a different approach by the CII. With the other financial services exams, you buy the exam entry and study text separately and so have the option of whether to buy it or not.  With AF7, the study text and exam entry are combined in a bundle that costs £271 for CII Members.

If I’ve already successfully completed AF3, will I still need to read the AF7 study text? 

So you will get the AF7 study text anyway. A closely related question is ‘should I read it?’ I think that the answer to this question will be ‘yes’ for most people sitting the AF7 exam. Anyone who has already seen the AF7 study text will know that you are not going to find the depth of AF7 content in any other CII study text.

As there is no study text for AF3, I’ll have to make a comparison with R04 as this is the primary text you would read in preparation for AF3. There are some similarities with parts of R04 – but there is a lot of new content. This extra depth (and how it is tested) is what sets AF7 apart from R04.

If you’ve passed AF3, then you have already passed an exam which includes content on pension transfers.  But this is only part of a much wider syllabus. Unless this is something you do day-in, day-out, you’ll probably find that you won’t have the breadth and depth of knowledge that is required to pass  the AF7 exam.

If you’ve passed G60 and you are considering sitting AF7, then most people will have some further study to do. Much has changed in the world of pensions since you sat this exam.

What other AF7 study options are available?

With this being a new exam, there are currently a limited number of other AF7 study options

I will declare that I have a vested interest here. We sell the AF7 audio talking books that provide over 3 1/2 hours of material and cost £58.33 (+VAT). These are great if you have some existing knowledge to build on and you can learn while on the go. If you do not have this knowledge, then I wouldn’t suggest that you rely solely on the audio material to get you through the exam. In this case, you have no other choice but to bite the bullet and study those elements of the study text that you are least familiar with.

Click here for details of our MP3 talking books.

There are also practice papers that you can purchase from other training providers. Search for ‘AF7 mock papers’ or something similar to find these.  Training providers are bound to develop other materials in due course.

Finally, don’t forget the FREE CII AF7 exemplar. This is a specimen exam paper and it should be compulsory revision for everyone who sits the AF7 exam. Click here for the link.

Best wishes for the exam
The Diploma Doctor

P.S. Many of our blogs are inspired form questions we get asked. If you have questions about the CII R0 and AF exams (not technical queries), tell us and we’ll do our best to answer you.

Marie Patterson
Ian Patterson