Advanced Mortgage Advice (R07) develops knowledge and understanding of the key elements of the mortgage process, specialist types of mortgage lending and to test candidates' ability to give appropriate mortgage advice to clients with complex needs and circumstances.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered  on RevisionMate.
• Assessment entry.

The Level 4 Diploma in Financial Planning develops core technical understanding across a broad range of key financial planning areas.

The level 4 Diploma in Regulated Financial Planning meets the FCA's qualification requirements for retail investment advisers and helps candidates to develop core technical knowledge and financial planning capabilities. Candidates will develop technical knowledge and application within the specific topics and understand the integrated practical application of these technical knowledge and planning skills.

Discretionary Investment Management (J10) develops knowledge and understanding of the role of the Discretionary Investment Manager, and the ability to analyse and apply financial information and portfolio management skills.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Assessment entry.

Discretionary Investment Management (J10) starts by looking at the investment advice process and establishing the client relationship - the aims and objectives, risk profile, investment objectives and analysing the client’s financial position.

Asset classes, investment strategies and investment wrappers are covered next, including the main asset classes – cash, bonds, equities and property, alternative investments and derivatives and investment tax wrappers. The Role of the investment manager is then considered, followed by discretionary and advisory management.

The study text moves on to look at investment funds, the economic environment, investment returns and investment risk. Portfolio theory – principles and limitations is considered, followed by measuring portfolio performance and understanding investment data. We then look at financial mathematics and sources of information – uses and limitations.

Purpose

At the end of this unit, candidates should be able to demonstrate an understanding of:

• the behaviour, performance, risk profile and correlation of key investment types;
• discretionary and non-discretionary portfolio management;
• the principles of performance measurement, financial analysis and ratio analysis;
• the principles of performance management and portfolio theory.

Assessment

• 2 hour exam
• 90 multiple choice questions
• The nominal pass mark is 65%
• The 2023 pass rate for this unit was 88.2%

Course delivery

Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.

Study material - editions available

2023-24 edition (applicable to exams sat 01 Sep 2023 to 31 Aug 2024) 

Financial Planning Practice (R06) has been developed to help advisers develop and demonstrate their financial planning capabilities.

The default enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Revision aids: Key Facts Booklet, Audio Revision, E-learn (delivered on RevisionMate).
• Assessment entry

Financial Services, Regulations and Ethics (R01) develops your knowledge and understanding of the financial services profession, including regulation, legislation and the Code of Ethics.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered  on RevisionMate.

• Revision aids: Key Facts Booklet, Audio Revision, Knowledge Checker, E-learn (delivered on RevisionMate).

• Assessment entry.

Investment Principles and Risk (R02) develops your knowledge and understanding of investment products and the application of the investment advice process.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered  on RevisionMate.

• Revision aids: Key Facts Booklet, Audio Revision, Knowledge Checker, E-learn (delivered  on RevisionMate).

• Assessment entry.

Paraplanning (J09) develops knowledge and understanding of the role of the paraplanner in providing financial services, and how to evaluate and analyse the customer's financial circumstances to provide potential solutions.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Assessment entry.

Pension Income Options (J05) develops knowledge and understanding of pension crystallisation and the drawing of income via various options.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Assessment entry.

Pensions and Retirement Planning (R04) develops your knowledge and understanding of pension and retirement planning issues.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered  on RevisionMate.

• Revision aids: Key Facts Booklet, Audio Revision, Knowledge Checker, E-learn (delivered on RevisionMate).

• Assessment entry.