LP3 Life and Pensions Principles and Practices

Course Overview

The LP3 (Life and Pensions Principles and Practices) exam forms the final part of the Certificate in Financial Services. It is a level 3 paper, worth 10 credits toward the qualification.

The exam itself is a 90-minute computer-based multiple-choice exam. There are 50 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 35/50.

Programme details:

  • Exam guidance
  • End of module exam with instant feedback
  • Revisit content at anytime
  • Re-sit exam multiple times
  • CPD awarded
  • Ask the Instructor messaging system
  • Tracks learning progress throughout
  • 24 hour access to learning platform
  • 6 months access
Learning Outcome 1 Understand the role and value of the financial services sector.
Learning Outcome 2 Understand the importance of life and pensions products and services for society, the economy and individuals.
Learning Outcome 3 Understand the structures and main activities of the life and pensions sector.
Learning Outcome 4 Understand the key principles of risk, contracts and insurance law.
Learning Outcome 5 Understand ethical, legal and regulatory duties and how these relate to organisational and individual responsibilities.
LP3 course

Course Price: £69.00 + VAT

Access Duration: 6 months

How to Purchase

Important update – We were acquired by Redmill Advance in April 2023. This means we can offer you more courses, with more support, and a more secure infrastructure. As part of our offer some of our products will direct you to the Redmill Advance website to complete your purchase.

Order online via our secure platform. Pay via Credit/Debit card and receive instant access to your course! We accept the following cards:

£69 + VAT

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