JO5 (Pension Income Options) Pre Exam Training, Thursday 1st September 2022 - online distance learning event

Thursday, 01 September 2022
9:30 am – 4:30 pm (UK time)

JO5 (Pension Income Options) Pre Exam Training, Thursday 1st September 2022

The Personal Finance Society Hants and Dorset, Surrey & Thames Valley Regional Committees in association with the Insurance Institutes of Bournemouth, Guildford, Reading and Southampton have organised a training day for those members who are studying for and taking the JO5 examination.

This event will be run as an Online Distance Learning event.

The cost of the day’s training will be £99 for Hants & Dorset, Thames Valley and Surrey PFS members and £99 for all other PFS members and £109 for non-PFS members.

We reserve the right to cancel this event should there be less than 6 delegates attending. Should this occur a full refund or transfer to an alternative course will be offered and some supporting material, at no extra cost, will be sent to the enrolled delegates.

The day will commence at 0930 sharp and finish by 1630, with breaks timetabled for lunch etc throughout the day.

This course is recorded and a copy of it is sent to all delegates.

Overall objective.

To significantly improve delegates’ chances of passing the exam by developing an understanding of the key technical points that are likely to be tested.

  • Identify the main sources of later life income using both pension and non-pension assets.

  • Identify the different options open to members with money purchase benefits at minimum pension age and explain their risks and rewards.

  • Identify the requirements to qualify for an ill health pension and a serious ill health lump sum payment

  • Identify the options available on the death of the member for both crystallised and uncrystallised funds together with the taxation of these.

  • Identify the factors an adviser needs to establish in order to give appropriate advice on the most suitable method of taking benefits

  • Identify an appropriate investment strategy for an individual in Drawdown to achieve a sustainable income

  • Understand how a final salary scheme member’s pension will be paid and accurately calculate the maximum Pension Commencement Lump Sum

  • Understand how a member’s benefits in a final salary scheme are protected.

  • Identify the main Benefit Crystallisation Events and calculate accurately the member’s remaining lifetime allowance including circumstances where the member has transitional protection.

  • Understand the key elements of the State Pension for both pre 2016 and post 2016 systems

By the end of the course, delegates will have covered the key elements of the JO5 syllabus with the emphasis on the CII Learning Outcomes, will have been introduced to the exam format and adopting a suitable exam technique.

Our 2022 online revision programme is being co-ordinated by Dean Scott and L&D Digital Solutions. The course trainer is John Trayner FCII FPFS, a CII approved trainer, who has supported the Personal Finance Society Hants and Dorset Region’s exam revision programme since 2018.

Any questions please email the Personal Finance Society Hants and Dorset Regional Committee on

Please note: This event is a regional collaboration between the local institutes in the area. Your booking details will be shared with the Insurance Institute of Southampton, which is acting as the host institute for this event.

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

6 1/2 hours' CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at