The R06 exam is often the final exam attempted by candidates working towards the CII Diploma is Regulated Financial Planning. It is the only ‘written’ exam of the Diploma and it takes a very different format to the R01 to R05 exams.
R06 is a written, case study exam. It tests both your technical knowledge and your application skills. Your performance in this exam is used by the examiner to assess how well you apply your knowledge of the financial planning process in two hypothetical client-facing scenarios.
The R06 exam tests your skills – the way you approach the questions demonstrates how well you can apply your financial planning knowledge from the other units in the Diploma.
Your preparation for the R06 exam should be split into two parts:
You could be forgiven for thinking that the R06 is an easy exam, as the case studies are available a full two weeks before the sitting. However, the national pass rate for this exam fluctuates year on year and has recently been as low as 67% in 2019. The CII recommend 100 study hours for this exam, twice as many hours as R03!
You can’t leave your preparation until two weeks before the exam and expect to pass! So, what can you do to prepare in the time before the case studies are released?
On the day the case studies are released you need to be ready to focus in on the key facts that are presented in each client scenario. There will be two case studies, describing the unique financial circumstances of two different couples.
The R06 exam is an opportunity for you to demonstrate your application of the process undertaken to obtain appropriate client information and understand a client’s needs, wants, values and risk profile. Each case study usually presents 3-5 financial aims. The first step in your analysis is to identify and explore what these aims are.
Pick out the key facts presented in the client information and identify the client’s financial aims.
Next, you need to formulate suitable plans to meet the financial aims of the case studies, remembering to include an explanation and justification for any recommendations that you would make.
Finally, consider how you would implement and review the financial plans.
No one can accurately predict all the questions that will come up, but there are ways to prepare for as many different question angles as possible by;
Take a look at the video demo of the BTS April 2021 R06 Case Study Analysis e-Learning resource below!
BTS study guides provide a clear, visual way to study for regulated exams.
There is no need to purchase the examining body R0 study text, our BTS guides are a complete replacement.
Available in a choice of two formats: printed or digital.
BTS offer face to face and remote workshops, and 1:1 training.
Our training ensures candidates fully understand the concepts that lie behind each of the key learning outcomes.
BTS training can also help identify key syllabus areas that are more popular with the R0 examiner.
BTS e-Learning is ideal for people who learn best using visual, online and interactive tools.
It allows you to work through your R0 studies at your own pace, with the BTS team behind you all the way.
BTS e-Learning can again show you the key syllabus areas that are more popular with the R0 examiner.
The BTS R0 Study Buddy app replicates the CII exam standard as closely as possible.
Practise exam questions on your mobile device with fully explained answers.
The app allows you to complete full specimen exams and/or concentrate on a key learning outcome.