AF7 – One Day Workshop – Zoom – 7.4.2021

The AF7 preparation day aims to increase your chances of passing the exam.

Overall objective: To significantly improve delegates’ chances of passing the exam by revising the key technical points that are likely to be tested.

By the end of the event you will able to:

• understand the background to pension transfers both from money purchase and final salary arrangements

• describe a DB scheme’s main features including the benefits paid at normal, early and late retirement, ill health pension and on death

• describe the member options with an uncrystallised money purchase fund

• understand the options available to someone who has left a DB scheme’s sponsoring employment

• understand how a Cash Equivalent Transfer Value (CETV), is calculated, the assumptions behind the calculation and how changes in these will affect the CETV

• understand the main principles in advising clients considering transferring their DB rights to flexible benefits

• understand the factors that must be taken into account to ensure that advice is appropriate

• Understand the factors in ensuring that income in drawdown will be sustainable

• know the FCA’s current thinking on DB transfers and the compliance issues in giving advice on DB transfers

The trainer is highly experienced and qualified in the subject matter, and as importantly, in how to deliver an effective and productive online interactive training session, ensuring all candidates are fully engaged and maximise the learning experience.