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Specialist investment knowledge for the global market place

This new single-unit Award is designed to help experienced advisers outside the UK develop and demonstrate their knowledge of investment products. It also offers guidance on what constitutes sound professional practice, thereby providing a framework for ethical behaviour.

You may wish to enter for the Award in Investment Planning if you already have a good understanding of financial advice principles and products, gained in the workplace or by first completing the Award in Financial Planning or Award in Bancassurance.

Upon completion, CII members are eligible to use the designation 'CII (Award)'. Continuing Professional Development requirements apply.

What will I learn?

At the end of this unit, you should be able to demonstrate your knowledge and understanding in the following areas:

  • main macro-economic factors that impact upon investment returns;
  • cash deposit investments, government securities and corporate bonds;
  • equity based investment products;
  • property investment;
  • collective investment products and alternative investments;
  • the risks faced by investors and the importance of asset allocation in the investment process;
  • ethical considerations of a financial adviser.

Why the Award in Financial Planning?

  • Upon completion, CII members are eligible to use the designation 'CII (Award)'. Continuing Professional Development requirements apply.
  • Entry comes as a complete package for a single fee: study text, examination guide and examination sitting.
  • On passing the exam, you will hold one of the three Awards needed to complete the Certificate in Insurance and Financial Services.
  • Provide 10 Certificate-level credits towards completion of the CII's higher level qualifications (subject to completion requirements and excluding the Certificate in Insurance which is subject to UK regulation).

Is the Award suitable for me?

The Award is open to anyone working in the insurance and financial services sector irrespective of educational background, although does require you to already have a good understanding of financial advice principles and products.

The Award is particularly suitable for experienced non-UK financial advisers and insurance agents advising on, or aspiring to advise on, investment planning. These individuals will usually hold one or more of the other CII Award qualifications.

Your next step

Upon completion, CII members are eligible to use the designation 'CII (Award)'. Continuing Professional Development requirements apply.

The Award also supports ongoing professional development as, on passing the exam, you will hold one of the three Awards needed to complete the Certificate in Insurance and Financial Services.

Enrol online here. Alternatively download the application form above or contact our Customer Service team on +44 (0)20 8989 8464 or email customer.serv@cii.co.uk

 

 

 

Introduction

CII qualifications involve the completion of one or more units, each covering an individually assessed topic. Assessment methods vary and depend on a unit's level and subject matter.


Assessment methods include:

  • Multiple-choice exams - the assessment method for Award, Certificate, and Diploma in Regulated Financial Planning units R01-R05 assessed in the UK. Exams are delivered on-screen at a network of over 40 public centres across the UK. Sittings are available year-round, often on a weekly basis.
  • Written exams - the assessment method for some Diploma and Advanced Diploma units and all units examined outside the UK. Sittings are typically available twice-yearly in April and October at over 50 public centres throughout the UK and over 120 public centres outside the UK.
  • Coursework assessment - available for a select number of Advanced Diploma in Insurance units, Advanced Diploma in Financial Planning unit (AF6) Senior management and supervision and financial services unit (J09) Paraplanning, coursework assessment involves the completion of three written assignments during a 12 month period.
  • Mixed assessment - available for a number of Diploma in Insurance units and all Diploma in Insurance units by April 2018 (unit codes begin with the letter M). This involves the successful completion of both a coursework assignment and a multiple-choice exam. This has an 18 month enrolment period.
  • Dissertation assessment - available for Advanced Diploma units (991) London market insurance specialisation and (994) Insurance market specialisation. This involves the submission of a dissertation proposal and an 11,000 word dissertation. This has an 18 month enrolment period. 

Find out more

It is essential that candidates familiarise themselves with the guidelines and instructions which are shown on the CII website under the relevant units. In addition candidates should familiarise themselves with the coursework and dissertation policies as well as exam policies (before the assessment) and notes to results (after the assessment).

Completion requirements

To complete the Award you must study a single study text and then pass the associated exam.

Studying for the Award

The study text covers the exam syllabus in a straightforward and user-friendly format, and includes examples, key point summaries and self-test questions.

As a guide, it is recommended that you allow a minimum of 60 hours' study (this will vary according to your experience and ability).

The exam

The exam itself takes the form of a one-hour paper consisting 42 MCQs and 2 case studies each comprising 4 MCQs. The Award in Investment Planning is examined in April and October.

The nominal pass mark is 70%. However, the actual pass mark may vary slightly from one session to another to ensure that the pass standard remains constant.

The complete package

Enrolment for a CII Award includes everything you need for a single fee: study text, examination guide and exam entry

Important deadlines

There are two public exam sittings for the Award - April and October. Please note the following important dates.

. Apr 2017 exams Oct 2017 exams
Exam entry
Closing date for your exam entry and payment to reach the CII at normal fee

All units
22 Feb 17

All units
30 Aug 17
At late entry fee All units
17 Mar 17
All units
22 Sep 17
Exam entry confirmation*

Once entered for the exam:

  • an exam entry confirmation will be sent seven working days from receipt of application
  • an exam admission permit will be sent six weeks before the date of the exam.
Exam sittings 03 Apr 17 09 Oct 17
Exam results
released online** at www.cii.co.uk/results and posted to candidates. Please allow 14 days to a non-UK address 
12 May 17 17 Nov 17
Entry for the next exam You do not have to wait for your results before entering for an exam in the next session

* Please contact Customer Service if you do not receive these, either by emailing admissionpermitenquiries@cii.co.uk or calling 020 8989 8464. When you receive your admission permit you MUST read it in full and check whether any change has been made in the date or times of the units for which you have entered and that the units shown on your permit are those that you intend to sit. If there is any discrepancy you should contact Customer Service immediately.

** To access your results online you will need to be logged in to the CII website using your CII Permanent Identity Number (PIN) and password.

 

Where next?

Certificate in Insurance and Financial Services

For those candidates outside the UK working in financial advice and insurance, or aspiring to work in both, the CII offers a dedicated study pathway which comprises existing Award qualifications and results in the completion of the Certificate in Insurance and Financial Services.

The Certificate offers a solid grounding across a broad range of areas and is awarded upon completion of three Awards from the following four options:

  • Award in General Insurance;
  • Award in Customer Service in Insurance;
  • Award in Financial Planning or Award in Bancassurance;
  • Award in Investment Planning.

CII members are also eligible to use the designation 'Cert CII'. Continuing Professional Development requirements apply.

Recognition of prior learning

When you pass exams through the CII, the credits will automatically appear on your learning account, including for exams that you may have passed under discontinued CII qualification routes. You may also be able to receive credits for relevant qualifications you have passed through other awarding bodies - to do this you should submit an application for recognition of prior learning.

By claiming credits for qualifications you've attained outside the CII framework, you'll avoid duplicating learning already undertaken, in turn reducing the amount of study and obtaining your CII qualification more quickly. 

If you wish to claim credits to recognise non CII qualifications held, please see the accreditation section of this website, where you can read full guidance on the rules and requirements and download an application form.

Important note: To be awarded a CII qualification, and use any resultant membership designation, you must obtain, by CII examination, dissertation or coursework assessment, a pass in a unit from the qualification that you are looking to complete, and meet the qualification completion requirements. These rules apply irrespective of how many credits your existing qualifications might provide through recognition of prior learning. As a result, you will not gain permission to use the designation 'CII (Award)' if you pass the unit (AWP) Award in Investment Planning by recognition of prior learning.

Find out more about applying for recognition of prior learning »

Assessment information

It is important that candidates entering for a CII assessment familiarise themselves with our service, in particular the rules and procedures that are in place.

Syllabuses

Award in Investment Planning

At the end of this unit, candidates will be able to demonstrate knowledge and understanding of:

  • main macro-economic factors that impact upon investment returns;
  • cash deposits, government securities and corporate bonds;
  • equity-based investment and property investment;
  • collective investment products and alternative investments;
  • the risks faced by investors and the importance of asset allocation.