Advanced Diploma in Retirement Provision
Learner Support Materials

Study Materials

These are the Study Materials for the PMI Advanced Diploma in Retirement Provision.

Here you will find everything you need to help you with your revision.

The Advanced Diploma fulfills the examination requirement for Associate Membership of the PMI (APMI).

Undertaking the qualification places demands on Students and to help with these we offer a variety of study support which is also outlined in this section. Anyone wishing to study for the Advanced Diploma must first register as a Student, Certificate or Diploma Member of PMI.

The overall aim of the Advanced Diploma is to provide the required professional knowledge, skills and understanding for an individual to undertake, after sufficient experience, a position as a pensions specialist within a self administered scheme, a third party administrator, a life assurance company or the consulting and advisory services.

Why study for the qualification?

 There are many reasons to study for the Advanced Diploma:

1. To gain a nationally recognised professional qualification uniquely appropriate to careers in pensions and employee benefits.
2. To study all aspects of pensions management enabling you to undertake specialised and varied work in any area of the pensions industry.
3. To become eligible for Associate Membership and as a result use the designatory initials APMI which indicate that you are professionally qualified and agree to follow the PMI’s Code of Professional Conduct.
4. Achieve promotion more easily as an independent assessment has been made of your ability.  Many employers advertise for personnel who are studying for, or have completed PMI examinations.
5. Meet other professionals on equal terms at regional and national levels at seminars and conferences.

Click here to view further benefits to be gained from studying for and attaining the qualification and becoming an Associate Member of the PMI (APMI).

CORE UNIT 1B - FOUNDATION IN INTERNATIONAL EMPLOYEE BENEFITS

The aim of the unit is to provide an introduction to the following issues:

• The different employee benefits in an international context and the different ways these are designed, delivered, funded, communicated and administered around the world 
•  The respective roles of stakeholders involved in the provision of international employee benefits 
•  Pensions and employee benefit provision in France, Germany, Japan, the Netherlands, the UK, the USA and Switzerland and a regional overview of Europe and North America to highlight the different practices of employee benefit provision
•  The legal and regulatory influences of the European Union on pensions/employee benefit design and financing 

Please contact the International Employee Benefits Association directly for learning materials at: 

https://www.ieba.org.uk/Contact.asp

IEBA Exam Question structure Oct 2020

Below are your Revision Assignments for this unit, and a Study Timetable so that you can effectively plan your revision time.

We have now included the Assignment Notes, which are in effect the answer guides to your assignments so that you can 'self-check' your responses.

You are equally allowed to send your completed assignments to the PMI for marking, guidance or clarification to:

RDhillon@pensions-pmi.org.uk

Once received we can pass this onto one of our tutors and they will get back in touch within 10 working days.

Study timetable 2020

2020 CU1B Assignment 1                    (2020 CU1B Assignment 1 Notes)

2020 CU1B Assignment 2                    (2020 CU1B Assignment 2 Notes)

2020 CU1B Assignment 3                    (2020 CU1B Assignment 3 Notes)

2020 CU1B Assignment 4                    (2020 CU1B Assignment 4 Notes)

2020 CU1B Mock Examination           (2020 CU1B Mock Examination Notes)

CORE UNIT 3 – RUNNING A WORKPLACE PENSION SCHEME

The aim of his unit is to provide an overview of the requirements of running a workplace pension scheme, including an appreciation of:

• the implications of the tax and regulatory regimes that apply to workplace pensions 
• scheme administration, payroll and financial administration
• the importance of data and data protection
• the calculation and payment of benefits
•  the role of technology

Study Manual - Core Unit 3

Below are your Revision Assignments for this unit, and a Study Timetable so that you can effectively plan your revision time.

We have now included the Assignment Notes, which are in effect the answer guides to your assignments so that you can 'self-check' your responses.

You are equally allowed to send your completed assignments to the PMI for marking, guidance or clarification to:

RDhillon@pensions-pmi.org.uk

Once received we can pass this onto one of our tutors and they will get back in touch within 10 working days.

Study timetable 2020

CU3 - Assignment 1.docx                    (2020 CU3 Assignment 1 Notes)

CU3 - Assignment 2.docx                    (2020 CU3 Assignment 2 Notes)

CU3 - Assignment 3.docx                    (2020 CU3 Assignment 3 Notes)

CU3 - Assignment 4.docx                    (2020 CU3 Assignment 4 Notes)

CU3 - Assignment 5.docx                    (2020 CU3 Assignment 5 Notes)

CU3 - Mock Exam.docx                       (2020 CU3 Mock Examination Notes)

DEFINED BENEFIT ARRANGEMENTS

The aim of the unit is to provide an in depth understanding of trust-based defined benefit (DB) arrangements, building on and utilising the knowledge gained in the core units and applying it in a variety of scenarios, recognising the requirements of different stakeholders.

Study Manual - Defined Benefit Arrangements

Below are your Revision Assignments for this unit, and a Study Timetable so that you can effectively plan your revision time.

We have now included the Assignment Notes, which are in effect the answer guides to your assignments so that you can 'self-check' your responses.

You are equally allowed to send your completed assignments to the PMI for marking, guidance or clarification to:

RDhillon@pensions-pmi.org.uk

Once received we can pass this onto one of our tutors and they will get back in touch within 10 working days.

Study timetable 2020

2020 DB Arrangements Assignment 1                    (2020 DB Arrangements Assignment 1 Notes)

2020 DB Arrangements Assignment 2                    (2020 DB Arrangements Assignment 2 Notes)

2020 DB Arrangements Assignment 3                    (2020 DB Arrangements Assignment 3 Notes)

2020 DB Arrangements Assignment 4                    (2020 DB Arrangements Assignment 4 Notes)

2020 DB Arrangements Assignment 5                    (2020 DB Arrangements Assignments 5 Notes)

2020 DB Arrangements Mock Examination            (2020 DB Arrangements Mock Examination Notes)

REWARD AND RETIREMENT PROVISION

The aim of the unit is to provide an understanding of the main employee benefits, their value, cost structures, taxation implications and how they interact with saving for retirement. To include appreciation of:

• the employee and employer perspectives 
• rewards strategies
• communication and engagement

Study Manual - Reward and Retirement Provision

Below are your Revision Assignments for this unit, and a Study Timetable so that you can effectively plan your revision time.

We have now included the Assignment Notes, which are in effect the answer guides to your assignments so that you can 'self-check' your responses.

You are equally allowed to send your completed assignments to the PMI for marking, guidance or clarification to:

RDhillon@pensions-pmi.org.uk

Once received we can pass this onto one of our tutors and they will get back in touch within 10 working days.

Study timetable 2020

Reward and Retirement Provision Assignment 1                    (Reward and Retirement Provision Assignment 1 Notes)

Reward and Retirement Provision Assignment 2                    (Reward and Retirement Provision Assignment 2 Notes)

Reward and Retirement Provision Assignment 3                    (Reward and Retirement Provision Assignment 3 Notes)

Reward and Retirement Provision Assignment 4                    (Reward and Retirement Provision Assignment 4 Notes)

Reward and Retirement Provision Mock Exam                       (Reward and Retirement Provision Mock Examination Notes)

RETAIL ADVICE AND REGULATION

The aim of the unit is to develop an understanding of the nature of the regulatory regime which governs the promotion and sale of retail investment products and the application of professional standards and judgement in establishing and maintaining client relationships, needs and priorities.

Study Manual - Retail Advice and Regulation 2019-20

Study Manual - Retail Advice and Regulation 2018-19

Below are your Revision Assignments for this unit, and a Study Timetable so that you can effectively plan your revision time.

We have now included the Assignment Notes, which are in effect the answer guides to your assignments so that you can 'self-check' your responses.

You are equally allowed to send your completed assignments to the PMI for marking, guidance or clarification to:

RDhillon@pensions-pmi.org.uk

Once received we can pass this onto one of our tutors and they will get back in touch within 10 working days.

Study timetable 2020

RAR Assignment 1                    (RAR Assignment 1 Notes)

RAR Assignment 2                    (RAR Assignment 2 Notes)

RAR Assignment 3                    (RAR Assignment 3 Notes)

RAR Assignment 4                    (RAR Assignment 4 Notes)

RAR Mock Exam                        (RAR Mock Exam Notes

Professionalism and Governance

The aim of the unit is to provide candidates with:

• an understanding of the importance of professionalism and ethics
• the importance of continuing their own professional development
• an appreciation of risk and governance issues as they apply to pension schemes
• the opportunity to demonstrate their ability to apply risk and governance principles in a practical situation
• evidence that they can communicate their knowledge in a way that is relevant to their audience

Study Manual - Professionalism

Study Manual - Governance

Study Manual - Communication

Below are your Revision Assignments for this unit, and a Study Timetable so that you can effectively plan your revision time.

We have now included the Assignment Notes, which are in effect the answer guides to your assignments so that you can 'self-check' your responses.

You are equally allowed to send your completed assignments to the PMI for marking, guidance or clarification to:

RDhillon@pensions-pmi.org.uk

Once received we can pass this onto one of our tutors and they will get back in touch within 10 working days.

Study timetable 2020

Governance Assignment 1                    (Governance Assignment 1 Notes)

Governance Assignment 2                    (Governance Assignment 2 Notes)

Governance Assignment 3                    (Governance Assignment 3 Notes)

Governance Assignment 4                    (Governance Assignment 4 Notes)

Professionalism Assignment 1            (Professionalism Assignment 1 Notes

Professionalism Assignment 2            (Professionalism Assignment 2 Notes

Professionalism and Governance Mock Examination           (Professionalism and Governance Mock Examination Notes)

Below are the past papers from the last years' sittings of each exam.  The multiple choice questions sections have been removed as these are still 'live' questions and may appear in future versions of the exam.

Earlier versions of the exam papers can be found on the PMI website www.pensions-pmi.org.uk

October 2019

Core Unit 1a - October 2019

Core Unit 1b - October 2019

Core Unit 2 - October 2019

Core Unit 3 - October 2019

Core Unit 4 - October 2019

Defined Benefit Arrangements - October 2019

Defined Contribution Arrangements - October 2019

Taxation, Retail Investment and Pensions - October 2019

Professionalism and Governance - October 2019

April 2019

Core Unit 1A - April 2019

Core Unit 1B - April 2019

Core Unit 2 - April 2019

Core Unit 3 - April 2019

Core Unit 4 - April 2019

Defined Benefit Arrangements - April 2019

Defined Contribution Arrangements - April 2019

Reward and Retirement Provision - April 2019

Managing International Employee Benefits - April 2019

Professionalism and Governance - April 2019