AF7 Pension transfers - September 2018

K2 Leisure Centre
Tuesday, 25 September 2018
9:00 am – 4:45 pm
    • John Trayner, CII Approved Trainer

Please note: Due to demand for places for this event, we have introduced an overflow session which will take place on Tuesday 18 September 2018. To book for the overflow session, please click here.

This one day course aims to significantly improve delegates' chances of passing their exam by developing an understanding of the key technical points that are likely to be tested.

The session takes place at K2 Leisure Centre, Crawley and opens for registration at 9.00am for a 9.30am start and ends at 4.45pm, providing six hours' CPD. As there is considerable overlap in syllabus content between AF7 and J05 and each provides 20 credits, you may wish to consider sitting both exams. For details of our one day J05 course, please click here.

Led by John Trayner, a CII Approved Trainer, this one day training course costs £75 for members (non-members £95).

The course includes all tuition, tea/coffee on arrival and during formal breaks and a buffet lunch. If you would like to join us for this event, please click on the Book Now button below. (Please note, to benefit from the discounted rate, you will be required to provide your membership number at the time of booking.)

Course Objectives

By the end of the day delegates will able to:

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

  • describe the main structure and governance of a defined benefit scheme

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

  • 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 key elements of a Transfer Value Analysis System (TVAS) is constructed and what assumptions need to be made

  • understand how a critical yield is calculated together with its limitations

  • understand the main principles in advising clients who wish to consider transferring their DB pension rights

  • know the FCA’s current thinking on DB transfers

  • know the compliance issues in giving advice on DB transfers

Other Information
There is ample free on-site parking at the venue.

Please note that this event will take place on the 1st floor at K2. A lift will normally be available for delegates to access the training, but stairs will need to be used in the event of an emergency evacuation of the building.

Full joining instructions will be sent to delegates ahead of the event.

About our speaker
John has 40 years’ experience in insurance and financial services. Not surprisingly most of his former employers no longer exist because of mergers and takeovers. For example he joined Leeds Permanent Building Society in 1986 and at retirement was working for Lloyds Banking group even though he’d never changed employers! The last 15 years were spent in the training department specialising in professional exams.

Not wishing to spend retirement watching daytime TV he decided to become a freelance trainer specialising in helping people to pass the CII’s Financial Services exams.

John is a Chartered Insurance Practitioner and a Fellow of both the Chartered Insurance Institute and the Personal Finance Society.

If you have any queries about this event, please email

  • K2 Leisure Centre
  • Pease Pottage Hill
  • Crawley
  • RH11 9BQ
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CII Accredited

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

6 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