Advanced Diploma in Retirement Provision
Learner Support Materials

The one stop place for all of your study materials

Here you will find all the information you need to help you through your revision process

The materials here are also used in the following qualifications:

Diploma in International Employee Benefits (DipIEB)
Diploma in Employee Benefits and Retirement Savings (DEBRS)
Diploma in Regulated Retirement Advice (DRRA)
Diploma in Retirement Provision (DRP)

Content Page


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 1A


CORE UNIT 1A - UNDERSTANDING RETIREMENT PROVISION


The aim of the unit is to provide an introductory overview of retirement provision in the UK including an appreciation of:


  • how workplace pensions have developed, the different types of workplace provision and how they sit alongside State pension provision 
  • the key features of automatic enrolment, trust and contract-based provision 
  • the roles and responsibilities of those involved in running workplace pensions 
  •  personal savings and the options for retirement saving 
  • employee engagement with retirement provision. 


Core Unit 1A Study Manual 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 CU1A Assignment 1                    (2020 CU1A Assignment 1 Notes)

2020 CU1A Assignment 2                    (2020 CU1A Assignment 2 Notes)

2020 CU1A Assignment 3                    (2020 CU1A Assignment 3 Notes)

2020 CU1A Assignment 4                    (2020 CU1A Assignment 4 Notes)

2020 CU1A Mock Examination           (2020 CU1A Mock Examination Notes)

Core unit 1B


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 2


CORE UNIT 2 - REGULATION OF RETIREMENT PROVISION

The aim of this unit is to provide an overview of the regulation of retirement provision in the UK including an appreciation of:

  • legal and taxation aspects 
  • compliance with regulation and where administrators need to focus on compliance issues 
  • the bodies responsible for defining, monitoring and oversight 
  •  how the employee is supported by the financial services industry 
  • current issues. 


Study Manual - Core Unit 2

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 CU2 Assignment 1                    (2020 CU2 Assignment 1 Notes)

2020 CU2 Assignment 2                    (2020 CU2 Assignment 2 Notes)

2020 CU2 Assignment 3                    (2020 CU2 Assignment 3 Notes)

2020 CU2 Assignment 4                    (2020 CU2 Assignment 4 Notes)

2020 CU2 Mock Examination           (2020 CU2 Mock Examination Notes)

Core Unit 3


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)

Core Unit 4


CORE UNIT 4 - FINANCING AND INVESTING FOR RETIREMENT PROVISION

The aim of this unit is to provide an overview of how employers and employees pay for workplace pensions and distinguishing between defined benefit and defined contribution arrangements and including an appreciation of:

  • the factors which will influence the funding strategy, including the taxation regime 
  • risk appreciation and management
  • financial regulation
  • accounting and tax issues
  • investment, investment management, investment strategy and governance  



Study Manual - Core Unit 4

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 CU4 Assignment 1                    (2020 CU4 Assignment 1 Notes)

2020 CU4 Assignment 2                    (2020 CU4 Assignment 2 Notes)

2020 CU4 Assignment 3                    (2020 CU4 Assignment 3 Notes)

2020 CU4 Assignment 4                    (2020 CU4 Assignment 4 Notes)

2020 CU4 Assignment 5                    (2020 CU4 Assignment 5 Notes)

2020 CU4 Mock Examination            (2020 CU4 Mock Examination Notes)

Defined Benefit Arrangements


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)

Defined Contribution Arrangements


DEFINED CONTRIBUTION ARRANGEMENTS

The aim of the unit is to provide an in depth understanding of trust and contract-based DC arrangements, building on and utilising the knowledge they have gained in the core units to show that they can apply this in a variety of scenarios and recognising the requirements of different stakeholders.


Study Manual - Defined Contribution 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 DC Arrangements Assignment 1                    (2020 DC Arrangements Assignment 1 Notes)

2020 DC Arrangements Assignment 2                    (2020 DC Arrangements Assignment 2 Notes)

2020 DC Arrangements Assignment 3                    (2020 DC Arrangements Assignment 3 Notes)

2020 DC Arrangements Assignment 4                    (2020 DC Arrangements Assignment 4 Notes)

2020 DC Arrangements Mock Examination           (2020 DC Arrangements Mock Examination Notes)

Reward and Retirement Provision


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)

Taxation Retail Investment and Pensions


TAXATION, RETAIL INVESTMENT AND PENSIONS

The aim of the unit is to develop an understanding of the nature of pension arrangements, retail investments together with the fundamentals of the UK tax system.


Study Manual - Taxation, Retail Investment and Pensions 2019-20

Study Manual - Taxation, Retail Investment and Pensions 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


TRIP Assignment 1                    (TRIP Assignment 1 Notes)

TRIP Assignment 2                    (TRIP Assignment 2 Notes)

TRIP Assignment 3                    (TRIP Assignment 3 Notes)

TRIP Assignment 4                    (TRIP Assignment 4 Notes)

TRIP Assignment 5                    (TRIP Assignment 5 Notes)

TRIP Mock Examination           (TRIP Mock Examination Notes)

Retail Advice and Regulation


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

Managing International Employee Benefits


INTERNATIONAL 2: MANAGING INTERNATIONAL EMPLOYEE BENEFITS

(Applying the Principles Covered in Foundation in International Benefits)

The aim is to build on the material covered in International 1: Foundation in International Employee Benefits to develop an understanding of the following issues:

  • The employee benefit objectives of a multinational company 
  • The funding and risk management aspects of providing employee benefits
  • Management of risk benefits
  • Pensions and employee benefit provision in Brazil, China, India and Russia and a regional overview of Africa, Asia and Latin America to highlight the different practices of pensions and employee benefit provision
  • Benefits for internationally mobile employees
  • The employee benefit implications of mergers and acquisitions
  •  Trends in employee benefit provision


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

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


Examiners Reports and Question Structure

The question paper for the 2019 Exam is in the Past Papers section of this website.  The examiners report for that exam can be found here (April 2019 International 2 Examiners Report,  as can reports from the 2016, 2017 and 2018 exams to give an understanding of what examiners were looking for to gain the necessary marks.

April 2018 International 2 Examiners Report

April 2017 International 2 Examiners Report

April 2016 International 2 Examiners Report


The question structure for the 2020 exam has slightly changed, and as part of your revision we would suggest you review this document (IEBA Exam Question structure Oct 2020) before the exam itself.


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


International 2 Assignment 1                    (International 2 Assignment 1 Notes)

International 2 Assignment 2                    (International 2 Assignment 2 Notes)

International 2 Assignment 3                    (International 2 Assignment 3 Notes)

International 2 Assignment 4                    (International 2 Assignment 4 Notes)

International 2 Mock Examination           (International 2 Mock Exam Notes)

Professionalism and Governance


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)

Downloadable Version of the Manuals


Past Papers


Student Submission


We are always striving to do our best and provide the best service to you, our learners, as we can.

If you seen any errors on this site, or any errors in the learning materials then please details these and send them to:


khoodless@pensions-pmi.org.uk


I will endeavour to rectify them as quickly as possible, and will send you an email when they have been.


Dr Keith Hoodless

Director of Lifelong Learning and Qualifications

PMI