Course Price: £69.00 + VAT
Access Duration: 6 months
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LP3 Life and Pensions Principles and Practices – £69.00 + VAT The LP3 (Life and Pensions Principles and Practices) exam forms the final part of the Certificate in Financial … View Course… |
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LP1 Life and Pensions Customer Operations – £69.00 + VAT The LP1 (Life and Pensions Customer Operations) exam forms the first part of the Certificate in Financial Services. … View Course… |
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ER1 Equity Release – £69.00 + VAT The ER1 Equity Release exam forms part of the Certificate in Equity Release and upon successful completion will … View Course… |
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CF8 Long Term Care – £69.00 + VAT The CF8 (Long Term Care Insurance) exam is a stand-alone module, leading to the Award in Long Term … View Course… |
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CF6 Mortgage Advice – £69.00 + VAT CF6 Mortgage Advice is one of the compulsory papers in the CII Level 3 Certificate in Mortgage Advice. … View Course… |
The LP2 (Financial Services products and solutions) exam forms the second part of the Certificate in Financial Services. It is a level 3 paper, worth 20 credits toward the qualification.
The exam itself is a 2-hour computer-based multiple-choice exam. There are 75 multiple-choice questions. It can be taken at test centres throughout the country. As the exam is computer-based, you can sit it on a date of your choosing throughout the year providing more flexibility to accommodate your studies.
The nominal pass mark is 70% and as this is a computer-based test rather than a written test it is unlikely that there will be much deviation from this unless a question is subsequently found to be invalid. So, in terms of the mark needed to pass, you are looking at a minimum of 53/75.
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Forms part of |
The Certificate in Financial Planning |
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Credits awarded |
20 |
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Exam length |
2 hours |
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Exam type |
Multiple choice |
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Exam content |
75 multiple choice questions |
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Pass mark |
In the region of 70% |
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Learning outcome 1 |
Understand protection, investment and pensions needs and the factors that affect them |
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Learning outcome 2 |
Understand the process of identifying appropriate financial solutions |
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Learning outcome 3 |
Explain the main features of protection products |
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Learning outcome 4 |
State the main features of mortgage repayment vehicles and mortgage protection products |
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Learning outcome 5 |
Explain the range of savings and investment products available to customers |
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Learning outcome 6 |
Explain the main tax wrappers available to customers |
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