What is the Level 4 Diploma?
The CII Level 4 Diploma in Regulated Financial Planning is a qualification that develops and assesses the FCA’s required technical knowledge and skills for advising on retail investments. You will need to complete the following six units.
(R01) Financial services, regulation and ethics
(R02) Investment principles and risk
(R03) Personal taxation
(R04) Pensions and retirement planning
(R05) Financial protection
(R06) Financial planning practice
The CII route is a good base qualification to start with. The fact that it is modular allows you to take each exam in the order that you feel best suits your strengths and current knowledge.
Which one should I sit first?
Is it suitable for me?
Are you a paraplanner, do you work in a financial planning support role or are you seeking a career change? Then yes, absolutely this is the qualification for you.
What is the current pass rate?
You do not have to pass all the questions to achieve an overall pass grade, you simply have to gain enough marks in total to reach the pass mark. For R01 to R05 you need to achieve 65% of the 100 multiple choice questions – so a total of 65 marks in order to pass. With R06 you need to achieve 55% of the 150 marks available – so a total of 82 marks needed to pass this exam. The current pass rates are listed below:
Diploma in Regulated Financial Planning: R01 R02 R03 R04 R06 R06
Exam | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
R01 | 64% | 64% | 64% | 57% | 59% | 59% | 59% | 62% |
R02 | 60% | 60% | 63% | 58% | 54% | 56% | 55% | 53% |
R03 | 56% | 53% | 49% | 50% | 51% | 55% | 51% | 52% |
R04 | 58% | 58% | 55% | 54% | 50% | 54% | 58% | 61% |
R05 | 78% | 76% | 78% | 72% | 67% | 69% | 74% | 80% |
R06 | 67% | 78% | 73% | 73% | 71% | 68% | 68% | 72% |
Source: [CII Website]
How can we help?
The CII began testing the 2020-2021 tax year and the new RO syllabus from the 1st September. We have updated all our materials and this includes updated study notes, updated quizzes and video tutorials.
We are constantly reviewing our courses and the support we provide and as part of that we have designed a new mini mock exam which has been added to our courses (R01 to R05). The questions have been created in the same style as to what you can expect in your exam and it is all about concentrating on the technique AND then the application of your knowledge. That’s why we felt it was important to include these so you know you know what clues to look for in the questions and how to test your knowledge and gain the maximum marks available. These exams style questions compliment the study package and allow you to really get a ‘feel’ for what the examiner is looking for and what to expect when it comes to exam day.
In today’s ultra-competitive work environment, we want our students to learn in the most effective and efficient manner possible with emphasis on process, performance and practice as the key to success. So if you want to super charge your learning and smash your way through this level 4 diploma then click below to view our courses and let’s get you started on your exam goal journey:
Click here for R01
Click here for R02
Click here for R03
Click here for R04
Click here for R05
Click here for R06