Retirement Income Planning (AF8)

The objective of Retirement Income Planning (AF8) is to develop and demonstrate the advanced skills needed for advising on income planning to those in and approaching retirement. 

The default Enrolment option for this unit includes:

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

The growing complexities of planning in retirement have resulted in an increase in the number of people seeking advice, many of whom have no previous experience in the advice or investment market.

In response to this increased demand for advice and suitably focused qualifications, the Chartered Insurance Institute (CII), in consultation with the Financial Conduct Authority (FCA) and other relevant parties, has enhanced its offering for advisers who wish to become specialists in the at-retirement and post-retirement markets.

To help you decide if AF8 is the right step in your professional studies journey, please take a look at this AF8 – what you need to know video. Further details of how the course is structured and what help is available can be found in the Course Introduction video below.

AF8 - What you need to know – watch the video

The study text focuses on the main areas of the advice process, both for people at the point of retiring and those already in retirement. Starting with a broad overview of the current retirement planning landscape, which should be the basis for any advice, the study text aims to build knowledge by taking students through the many aspects of the planning process. The next chapters cover the analysis of needs and circumstances, the key financial planning tools and the available strategies, both pension and non-pension. The integration of estate and later life planning aspects into the overall retirement income strategy is considered in the final two chapters.

Learning Outcomes

At the end of this unit, candidates should be able to advise clients on income planning approaching and during retirement, including later life


  • Three written coursework assignments, each typically 2,000 to 3,000 words
  • For purchases on, or after, the 17/12/2020, 12 month enrolment with assignments due at 3, 6 and 9 months
  • The pass rate for those completing the unit in full is currently 75.3%
  • The pass mark is 50%

Please note: It is assumed that the candidate already has the knowledge gained from a study of Pensions and Retirement Planning (R04).

Study material – editions available

Enrolment (12 months)