Below you can find the latest updates to our learning resources. We recommend checking this section regularly to stay informed of any changes. Updates may arise from:
• Revisions to the exam syllabus
• Amendments to the relevant CII study texts that directly impact our materials
• Corrections to typographical errors
• Adjustments addressing more complex issues
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Exercise 2.3
The DA should have been £500 rather than £1,000.
See attached for the correct calculations for this exercise.
Case Study 8.1
The Case Study answers have been amended as per the attached PDF document.
Our Autumn 2025 budget summary can be found by clicking the More Info button.
Question 9: Which asset class is the MOST suitable for emergency funds?
The correct answer should have been option A: Cash deposits.
Question 18: Aman has an offset mortgage. The current mortgage balance is £175,000 with £25,000 in her bank account. On what amount will Aman pay interest on to her lender?
The correct answer should have been option B: £150,000
Question 74: Denise is an independent financial adviser. How does she satisfy the FCA principle of know your client?
The correct answer should have been option A: Through the completion of a full client fact find.
Question 81: Staszek is considering taking out a stocks and shares ISA and has approached MoneyHelper for guidance. Which of the following guidance is MoneyHelper MOST likely to provide?
The correct answer should have been option A: The features and benefits of ISAs.
Question 62: The body responsible for ensuring capital adequacy is the…
The correct answer should have been option A: Financial Conduct Authority (FCA).
Question 85: Which of the following bodies issues fines for firms that have committed a money laundering breach?
The correct answer should have been option A: Financial Conduct Authority (FCA).
Question 88: What is the maximum prison term for knowingly assisting a money launderer?
The correct answer should have been option D: 14 years.
Question 35: Under contract law at which part of the advice process would the client demonstrate ‘consideration’?
The correct answer should have been option B: Completing the application form.
Question 45: A partner in a limited liability partnership will pay which of the following classes of national insurance contributions?
The correct answer should have been option D: Class 2 and 4 potentially.
Question 46: Clare has qualified for Statutory Maternity Pay (SMP). What % of her usual earnings will she qualify for in her first six weeks of claiming?
The correct answer should have been option C: 90%
Question 61: The maximum fine that the Financial Conduct Authority (FCA) can levy on a regulated firm is…
The correct answer should have been option A: unlimited.
Question 66: What is the minimum record keeping requirement for a financial promotion relating to the sale of a life policy?
The correct answer should have been option C: Six years.
Question 72: If a whole of market restricted adviser, who never advised on pension transfers, leaves an authorised firm, then records should be kept for…
The correct answer should have been option A: a minimum of three years.
Keeping your study materials up to date is essential for exam success.
To ensure you are working with the most accurate resources, we recommend checking this page regularly. Here you will find updates that directly affect your study materials, helping you stay aligned with the latest requirements
Updates to your study materials are published directly on the CII website at www.cii.co.uk. To locate them, select your exam unit and look for the “Unit Updates” section displayed in the right‑hand column. We recommend reviewing both the “Learning Solutions Update” and “Qualification Update” headings to ensure you are working with the most current information.
