AF7 Shop

The AF7 Pension transfers unit is a level 6 exam and is one of the optional units on the Advanced Diploma in Financial Planning.

It’s an exam that focusses on specialist knowledge of the advice process for pension transfers, which is a fairly complex areas of advice. It is a 2-hour exam comprising of 3-4 written short answer questions worth a total of 32 marks and 2 case study based questions worth a total of 68 marks. With a 2022 pass rate of 61% it is a tricky exam requiring a critical appraisal of the financial planning options available.

Passing AF7 needs a very focused approach when it comes to your study plan. This is a challenging exam with a narrow syllabus, which means candidate knowledge levels and their ability to apply this knowledge to short answer questions and case studies needs to be good. Last minute cramming will generally not result in an exam pass – a ‘little and often’ approach is recommended, as always with any advanced exam.