ER1 Equity release

Contents

• 15 case study scenarios each comprising 5 multiple choice questions;
• 3 online assessments containing 50 question per assessment;
• unlimited random assessments (10 questions per assessment) generated from our question bank;
• CPD certificate feature - All your assessment results are recorded in the database, which allows the system to compile your personalised CPD certificate.

Benefits

• You get practice at taking exam style questions, multi-choice questions and case studies with multi-choice questions.
• When the answer appears for the stand alone multi-choice questions after you answer each question we supply a reference to the CII study book allowing you to quickly find that topic for further revision.
• Your results are provided after every assessment and are graded in line with the notional pass rate. This gives you a good indication of your chances of passing. As you do further studies and take more assessments you will expect to see your percentage improve.
• The percentage achieved in every assessment is benchmarked against previous students percentages giving you a further indication of your performance. This is shown after every assessment and you can also view this at any time.
• All results and estimated CPD times are stored in the database and you can view and print these using the CPD certificate/learning log feature. This is an ideal way to keep a record of your results and learning.
• After taking all the full assessments, which you can take as often as you like, you might also want to take some shorter assessments to break up your study into a smaller segments to fit the time you have available. Our short assessment feature draws 10 questions as random from the full assessment bank.
• All questions are written by industry experts with extensive experience of setting exam style questions, all questions are regularly reviewed.

Our aim is to provide the complete online learning and exam support facility to financial services professionals.

In our most recent survey 95% of the 70 replies said they passed their exam and that Wizard Learning helped a lot. See http://www.wizardlearning.com/customers.html for details and testimonials.

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CPD certificate
Our database records all your assessment results. If you complete all the assessments just the once then you will be allocated 6 hours of CPD time. After each assignment is finished the system adds the time taken and your results to the CPD certificate. The CPD certificate shows your personal details, period over which assessments completed, time taken to complete assessments, assessment scores and the certificate is marked as verified by Mike Goldsmith FPFS.

Exam details
Structure: 50 multiple choice questions and 5 case study scenarios each comprising 5 multiple choice questions
Duration: 2 hours
Recommended study time: 60 hours
Nominal pass mark: 70%

Syllabus overview
At the end of this unit, candidates should be able to understand the:
Principles of equity release and the types of schemes available;
Suitability and affordability of the different types of equity release products;
Risks to the consumer associated with equity release;
Application of suitable equity solutions according to the circumstances of different customers.

Additional services
Click here for a summary of all our services, please contact us if you have any questions.