AF7 (Pension Transfers) Pre Exam Training, Wednesday 17th June 2020 - online distance learning event

Wednesday, 17 June 2020
9:50 am – 5:30 pm

AF7 (Pension Transfers) Pre Exam Training, Wednesday 17th June 2020

The Personal Finance Society Hants and Dorset & Thames Valley Regional Committees in association with the Insurance Institutes of Bournemouth, Reading and Southampton have organised a ‘distance learning’ training day via an online and interactive conference video facility for those members who are studying for and taking the AF7 examination in July 2020.

The cost of the day’s training will be £82 for PFS members and £92 for non-PFS members. Your attendance will be confirmed once you have booked online. There is a maximum of 12 attendees. If we are oversubscribed, you will be placed on a waiting list.

The day will commence at 0930 sharp and finish by 1730, with breaks timetabled for lunch etc throughout the day.

Due to the COVID-19 pandemic, all face to face training organised by committee has been suspended until further notice by HM Government and the PFS and CII centrally.

NB Online Exams – booking for all MCQ’s (multiple choice questions) examinations can be made from the 1st June – June and July’s capacities are open now – August will follow very shortly. All centres will be requested to have a 2 metre gap between desk / computer pods.

Further details available at:!#online-mcq-exams-coronavirus-update

The AF7 preparation day aims to increase your chances of passing the exam.

Overall objective

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

By the end of the event delegates will able to:

  • understand the background to pension transfers both from money purchase and final salary arrangements

  • describe a DB scheme’s main features including the benefits paid at normal, early and late retirement, ill health pension and on death

  • describe the member options with an uncrystallised money purchase fund

  • understand the options available to someone who has left a DB scheme’s sponsoring employment

  • understand how a Cash Equivalent Transfer Value (CETV), is calculated, the assumptions behind the calculation and how changes in these will affect the CETV

  • understand the main principles in advising clients considering transferring their DB rights to flexible benefits

  • understand the factors that must be taken into account to ensure that advice is appropriate

  • Understand the factors in ensuring that income in drawdown will be sustainable

  • know the FCA’s current thinking on DB transfers and the compliance issues in giving advice on DB transfers

The course trainer is Dean Scott, who via his firm L&D Digital provide comprehensive financial services training support to the CII and some major financial institutions.

Any questions please email the Hants and Dorset PFS Regional Committee on

CII Accredited

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

5 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