Results of the first exams held in January were issued to candidates today – 4 February. They show that of the 396 taking the new units, 257 achieved a pass. The new Mortgage advice paper was the most popular with 162 passing the unit.
The CII is continuing to run the Financial Planning Certificate examinations until July for those already entered into the programme. A total of 2,808 sat the first two papers – FP1 and FP2 – in January with 1,702 achieving a pass.
Advisers keen to improve their investment knowledge also did well with 373 passing the Savings and Investments paper. The new Certificate in Financial Planning now incorporates an equivalent paper as part of the core certificate for newly qualifying advisers.
CII qualifications and compliance manager Paul Turner said, “This is a very encouraging start for the new Certificate, especially as we are still running the FPC in tandem with the new scheme.
“I am particularly pleased that advisers are choosing to ensure that their savings and investments knowledge is up to date. We will continue to encourage advisers who completed the FPC to top-up their knowledge by taking the new CF2 Investment and Risk unit.”