Finance

R06 Financial planning practice

Level: 4
Qualification: CII R06 Financial planning practice
Course Length: 3 Months

The R06 Financial planning practice unit is the final unit required on your journey to achieving the DipPFS (Diploma in Regulated Financial Planning).

This unit has been developed to help advisers develop and demonstrate their financial planning capabilities. It tests the practical application of technical knowledge and planning skills already gained, typically through previous study, thereby support the provision of competent and appropriate advice.

Two case studies will be send to candidates two weeks before the examination and will also be available to download from the CII website

 

The R06 financial planning practice unit covers:

  • Obtaining appropriate client information and understanding client’s needs, want, values and risk profile essential to the financial planning process;
  • Synthesising the range of client information, subjective factors and indicators to provide the basis for financial planning assumptions and decisions;
  • Analyse a client’s situation and the advantages and disadvantages of the appropriate options;
  • Formulate suitable financial plans for action and explain and justify recommendations;
  • Implement, review and maintain financial plans to achieve the clients’ objectives and adapt to changes in circumstances.

 

This study support package includes as standard:

  • CII books and exams
  • CII revision mate
  • Past analyses from earlier exam sittings
  • Analysis for the next exam sitting
  • Calculation workbook
  • Study notes
  • Online support from subject experts
  • Online revision sessions

The R06 unit provides a detailed overview of applied financial planning practice. This unit enables candidates to demonstrate their expertise in the application of the financial planning process through combining and applying learning content from all the other units in the CII RQF Level 4 Diploma in Regulated Financial Planning. Therefore this unit contains:

Qualification Contents Level Credits
R06 Financial planning practice
  • Financial services, regulation and ethics;
  • Investment principles and risk;
  • Personal taxation;
  • Pensions and retirement planning;
  • Financial protection;
4 30

 

This content is covered over 5 chapters / topics:

  1. Obtaining appropriate client information and understanding client’s needs, want, values and risk profile essential to the financial planning process;
  2. Synthesising the range of client information, subjective factors and indicators to provide the basis for financial planning assumptions and decisions;
  3. Analyse a client’s situation and the advantages and disadvantages of the appropriate options;
  4. Formulate suitable financial plans for action and explain and justify recommendations;
  5. Implement, review and maintain financial plans to achieve the clients’ objectives and adapt to changes in circumstances.

Our R06 financial planning practice support package is delivered online via our virtual learning environment. Each chapter of the book is accompanied by past analyses, study notes and workbooks designed to test and embed your knowledge.

Some time may need to be awarding to restudying areas of weakness within the previous R0 series.

You should attend 1 online session focused on the analysis of the upcoming exam sitting. This should be within 2 weeks of the exam itself.

Throughout the course you will have access to a subject expert to answer any questions you may have along the way.

It is possible to complete the R06 unit within 3 months, allowing 4-6 hours of independent study per week. All courses are flexible to allow you to complete at a pace that is appropriate to you. Leading up to the exam (2 weeks prior) additional study time will likely be required.

Your subject expert will contact you ahead of starting this programme to understand the timescales you are working towards.

You must be a paid member of the CII to purchase this course, and already have completed R01, R02, R03, R04, and R05.

Working within a financial services environment is very desirable and advantageous, although not essential.

For an informal discussion about this course, please use the enquiry form below:

Thank you for your enquiry, we will endevour to get back to you as soon as we can.
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