The QCF Level 4 Pensions Update Programme is open for pre-enrolment from the 30th of April and will develop knowledge of recent pension reforms and understanding of how the changes impact at-retirement advice.
It's aimed at those with existing knowledge and experience of pensions, including those who previously passed a CII Level 4 unit, or any higher level pension unit such as AF3 Pension planning.
Enrolment includes a study text, online study support and entry to the online exam. Successful completion awards a pass in new unit 'R08 Pensions update' and 10 Diploma-level credits towards the Diploma and Advanced Diploma in Financial Planning.
The programme covers changes to the HM Revenue and Customs tax regime introduced by the Taxation of Pensions Act 2014; new legislative, reporting and compliance requirements; main changes in the rules for members transferring their benefits; changes to pension income options; changes that will be made to State pension provision from 06 April 2016; and key factors that should be taken into account when advising a client how to derive an income in retirement.
