J04 – Pension funding

What does the unit cover?
This unit provides a more detailed understanding of the accumulation of pension benefits in the UK prior to retirement.

The main syllabus elements are:

Candidates should be able to demonstrate an understanding of the:

• Main tax and legal frameworks that govern the accumulation phase of building up retirement benefits under registered pension schemes
• Features of defined contribution and defined benefit pensions
• Choices faced by early leavers and use of transfer value analysis
• State retirement benefits available, including the risks and suitability of contracting out of the State Second Pension

How is it examined?
2 hours, 15 short answer written questions. Pass mark is around 55%

For information on taking this course, please complete the form below or contact us using the details provided.

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