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Personal Finance Society
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Personal tax and trust planning

AF1 (30 Advanced Diploma credits)

The objective of this unit is to develop in depth financial planning skills related to personal tax and trusts.

Membership

Members get access to a range of benefits, including quality CPD and discounts on CII exams.


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Case study workbook and exam package (applicable to April and October exams within 12 month enrolment period)

Members
£265.00
Non-members
£340.00
Case study workbook (printed and ebook) with updates, RevisionMate, exam guide and exam entry

This is a self-study course consisting of the printed study text and ebook (available on RevisionMate) with electronic updates. Updates are available for 12 months after enrolment (further details on updates are included on the title page of the study text). Developed to assist you in understanding and learning the exam syllabus, the text breaks down the syllabus into concise sections, with each chapter containing clearly defined learning outcomes and a series of self-test questions.

RevisionMate

Additionally, you will have access to an unrivalled suite of online services to support your studies through our RevisionMate study tool. Please note: access to this support is granted for 12 months until your study text enrolment expires.

Support includes a study planner, student discussion forum and the latest examination guide.

Exam entry
Exams can be booked at the point of enrolment, or at a later date by calling Customer Service. Re-sits can be booked by calling Customer Service.

ebooks
ebooks are compatible with most portable electronic devices including Android tablets/smart phones, Kindles and iPads/iPhones. They can also be viewed on desktop and laptop computers using appropriate EPUB/Kindle reader software (required).

Please note:

  • ebooks are not pdf files and cannot be printed.
  • the reading experience will depend on the portable device used or the reading software installed, if viewed on a computer.

Sample chapter download
To check that the file formats are compatible with your device/chosen e-reader software, click on the link below to download a sample.

• Free sample chapters

Examination guide

Multiple choice question Examination guides consist of a specimen examination, answers and useful hints on how to prepare for the examination.

Multiple choice question Examination guides are updated annually to take into account syllabus and legislative changes.


Case study workbook (printed and ebook) with updates, RevisionMate, exam guide and exam entry

This is a self-study course consisting of the printed study text and ebook (available on RevisionMate) with electronic updates. Updates are available for 12 months after enrolment (further details on updates are included on the title page of the study text). Developed to assist you in understanding and learning the exam syllabus, the text breaks down the syllabus into concise sections, with each chapter containing clearly defined learning outcomes and a series of self-test questions.

RevisionMate

Additionally, you will have access to an unrivalled suite of online services to support your studies through our RevisionMate study tool. Please note: access to this support is granted for 12 months until your study text enrolment expires.

Support includes a study planner, student discussion forum and the latest examination guide.

Exam entry
Exams can be booked at the point of enrolment, or at a later date by calling Customer Service. Re-sits can be booked by calling Customer Service.

ebooks
ebooks are compatible with most portable electronic devices including Android tablets/smart phones, Kindles and iPads/iPhones. They can also be viewed on desktop and laptop computers using appropriate EPUB/Kindle reader software (required).

Please note:

  • ebooks are not pdf files and cannot be printed.
  • the reading experience will depend on the portable device used or the reading software installed, if viewed on a computer.

Sample chapter download
To check that the file formats are compatible with your device/chosen e-reader software, click on the link below to download a sample.

• Free sample chapters

Examination guide

Multiple choice question Examination guides consist of a specimen examination, answers and useful hints on how to prepare for the examination.

Multiple choice question Examination guides are updated annually to take into account syllabus and legislative changes.

Book exam or redeem exam voucher

Book here if you have not yet booked your exam and have a valid exam voucher. You will not be charged. Prices displayed apply to those with a valid enrolment who wish to re-sit the exam.

Members
£130.00
Non-members
£180.00
Unit AF1 exam
 

Revision aid – 2017–18 edition (applicable to the Oct 17 and Apr 18 exams)

Members
£70.00
Non-members
£80.00
MP3 audio revision – 2017–18 edition (applicable to the Oct 17 and Apr 18 exams)

Audio material lasts between 5–8 hours, depending on the subject, and provide a useful way to gain prerequisite Diploma-level knowledge. They also include a technique module that explores the Advanced Diploma assessment method and highlights key areas featured in past exams.

Note: This audio course is valid for the October 2017 and April 2018 examination sittings only and access will not be available after 30 April 2018. Downloaded files will never expire.

Delivered online via RevisionMate, audio files are simple to download and are great for making use of time spent when travelling. Produced by Patterson Audio.

Instructions on how to download your audio material will be sent to your registered email address within 2 working days of your order being placed.

Non-EU candidates should note: if buying this option from outside the EU, you will be charged a fee without VAT. The price you will see throughout the web checkout process will be inclusive of VAT, however if you are outside the EU, your card will be charged the 'ex VAT' price and this will be reflected in the receipt you receive when payment is complete.


MP3 audio revision – 2017–18 edition (applicable to the Oct 17 and Apr 18 exams)

Audio material lasts between 5–8 hours, depending on the subject, and provide a useful way to gain prerequisite Diploma-level knowledge. They also include a technique module that explores the Advanced Diploma assessment method and highlights key areas featured in past exams.

Note: This audio course is valid for the October 2017 and April 2018 examination sittings only and access will not be available after 30 April 2018. Downloaded files will never expire.

Delivered online via RevisionMate, audio files are simple to download and are great for making use of time spent when travelling. Produced by Patterson Audio.

Instructions on how to download your audio material will be sent to your registered email address within 2 working days of your order being placed.

Non-EU candidates should note: if buying this option from outside the EU, you will be charged a fee without VAT. The price you will see throughout the web checkout process will be inclusive of VAT, however if you are outside the EU, your card will be charged the 'ex VAT' price and this will be reflected in the receipt you receive when payment is complete.


Case study workbook renewal

Members
£67.00
Non-members
£80.00
Upgrade your case study workbook (printed and ebook) to the next edition

We offer the option for you to extend the life of your enrolment once your course has expired and receive the next edition of the case study workbook together with electronic updates. This option is renewable on an annual basis.

Upgrade your case study workbook (printed and ebook) to the next edition

We offer the option for you to extend the life of your enrolment once your course has expired and receive the next edition of the case study workbook together with electronic updates. This option is renewable on an annual basis.

Introduction

CII qualifications involve the completion of one or more units, each covering an individually assessed topic. Assessment methods vary and depend on a unit's level and subject matter.


Assessment methods include:

  • Multiple-choice exams - the assessment method for Award, Certificate, and financial services 'R0' Diploma units assessed in the UK. Exams are delivered on-screen at a network of over 40 public centres across the UK. Sittings are available year-round, often on a weekly basis.
  • Written exams - the assessment method for some Diploma and Advanced Diploma units and all units examined outside the UK. Sittings are typically available twice-yearly in April and October at over 50 public centres throughout the UK and over 100 public centres outside the UK.
  • Coursework assessment - available for a select number of Advanced Diploma in Insurance units and the financial services unit (J09) Paraplanning, coursework assessment involves the completion of three written assignments during a 12 month period.
  • Mixed assessment - Initially introduced for unit (P92) Insurance business and finance, this has been extended to units (P05) Insurance law, (P80) Underwriting practice, (P81) Insurance broking practice and (P85) Claims practice from April 2015 and and will be extended to all Diploma in Insurance units by April 2018 (unit codes begin with the letter M). This involves the successful completion of both a coursework assignment and a multiple-choice exam. This has an 18 month enrolment period.
  • Dissertation assessment - available for the Advanced Diploma unit 991 London market insurance specialisation. This involves the submission of a dissertation proposal and an 11,000 word dissertation. This has an 18 month enrolment period. This unit should only be taken by those who have access to the necessary information and people in the London Market.

Find out more

It is essential that candidates familiarise themselves with the guidelines and instructions which are shown on the CII website under the relevant units. In addition candidates should familiarise themselves with the coursework and dissertation policies as well as exam policies (before the assessment) and notes to results (after the assessment).

Learning solutions update

These updates are Learning Solutions updates for study purposes.

Please note that for Financial Planning examinations in the 2017/18 tax year will be examined in the October 2017 and April 2018 exam sessions.

2017-18 edition

Pdf icon small AF1_2017-18_web_update_1_18-08-2017

Pdf icon small AF1_2017-18_web_update_2_14-02-2018

Pdf icon small Finance No. 2 Act 2017 Summary

Pdf icon small AF1 2017-18 edition changes

Pdf icon small Tax Tables 2017-2018

Pdf icon small Budget Summary Autumn 2017

Pdf icon small Budget Summary Spring 2017

Pdf icon small Update to budget summary 17-03-2017

 Other information

Pdf icon small Financial services current editions

 

 

 

 

 

Qualification update

Testing Position

  • Examinations are based on the published syllabus. Syllabuses are available free of charge on the CII website www.cii.co.uk or on request.
  • It is important that you keep yourself informed of any changes which may occur affecting the units you are studying by using material suggested in the reading lists on the syllabuses in the relevant qualification section of this website.
  • The CII will do all it can to provide students enrolled on a study programme with updated materials as soon as legislative changes become known but it cannot guarantee this in time for any particular exam. Candidates should refer to the CII update website www.cii.co.uk/updates for the latest information on changes to law and practice and when they will be examined.
  • Candidates will be examined on the basis of law and practice in England unless otherwise stated.
  • Candidates must keep up to date with legislative and industry changes that occur within the tax year.
  • The general rule is that the new tax year and changes arising from the Finance Act will be examined from 1 September each year. Other changes not related to the Finance Act will be examined three months after they become legally effective.

Tax year

  • The tax year 2017/2018 will be examined from 1 September 2017 until 31 August 2018.

EU Referendum

  • On 23 June 2016, the UK voted to leave the European Union (EU).
  • The UK Government invoked 'Article 50' of the Lisbon Treaty on 29 March 2017. In doing so, the two-year negotiation period which will result in Britain leaving the EU began. This means that, at the time of publication, the UK's membership of the EU will cease on 29 March 2019.
  • Until this final 'withdrawal agreement' is entered into, the UK will continue to be a full member of the EU, compliant with all current rules and regulations, and firms must continue to abide by their obligations under UK law, including those derived from the EU, and continue with the implementation of all  legislation that is still to come into effect.
  • The longer term impact of the decision to leave the EU on the UK's overall regulatory framework will depend, in part, on the relationship agreed between the UK Government and the EU to replace the UK's current membership at the end of the 'Article 50' negotiation period.
  • Please note: The UK decision to leave the European Union will have no impact on the 2017- 2018 CII syllabuses or exams. Changes that may affect future exam syllabuses will be announced as they arise.

General Data Protection Regulation (GDPR) 

The General Data Protection Regulation comes into effect on 25 May 2018 and examinations will be reflective of the regulation from 25 May 2018.

MiFID II 

MiFID II comes into effect on 3 January 2018 and examinations will be reflective of the directive from 3 April 2018.

Stamp Duty

On the 22 November 2017, it was announced that first-time buyers would be relieved of Stamp Duty Land Tax for purchases up to a specified amount.  Examinations will be reflected of this change from 22 February 2018.

Please note that the tax tables and lender’s criteria provided in the examination will state the thresholds and rates for purchasers who are NOT first-time buyers.

 

Assessment information

It is important that candidates entering for a CII assessment familiarise themselves with our service, in particular the rules and procedures that are in place.