Lowes Financial Academy: Your Path to a Career in Financial Services

The exam syllabus covers the financial services industry in the UK, how the retail customer is served, the ‘regulatory’ framework and the powers and responsibilities of the regulator, legal concepts, and the regulator’s Code of Ethics. This is split over 11 learning outcomes: R01: Learning Outcomes

R01 Course: Financial Services, Regulation and Ethics

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U n d e r s t a n d t h e U K f i n a n c i a l s e r v i c e s i n d u s t r y i n i t s E u r o p e a n a n d g l o b a l c o n t e x t

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U n d e r s t a n d h o w t h e r e t a i l c o n s u m e r i s s e r v e d b y t h e f i n a n c i a l s e r v i c e s i n d u s t r y

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U n d e r s t a n d l e g a l c o n c e p t s a n d c o n s i d e r a t i o n s r e l e v a n t t o f i n a n c i a l a d v i c e

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U n d e r s t a n d t h e r e g u l a t i o n o f f i n a n c i a l s e r v i c e s

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R01: ‘Financial Services, Regulation and Ethics’ (20 Credits) The CII’s R01 exam, ‘ Financial Services, Regulation and Ethics’ , forms part of the Diploma in Regulated Financial Planning and upon successful completion will give you 20 credits at diploma level. R01 is usually the first exam learners will sit in order to progress in their career within the financial services industry. This means people who are new to the industry are faced with some confusing terminology that can be difficult to relate to. The R01 exam can be put towards a Level 3 Certificate in Financial Services. This route develops knowledge and an understanding of the sector, key customer needs, solutions and products, and how individuals and organisations work within a regulatory and legislative environment.

U n d e r s t a n d t h e f i n a n c i a l r e g u l a t o r s ’ r e s p o n s i b i l i t i e s a n d a p p r o a c h t o r e g u l a t i o n

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A p p l y t h e p r i n c i p l e s a n d r u l e s a s s e t o u t i n t h e r e g u l a t o r y f r a m e w o r k

4 s t a n d a r d / 5 m u l t i p l e r e s p o n s e

A p p l y t h e r e g u l a t o r y a d v i c e f r a m e w o r k i n p r a c t i c e f o r t h e c o n s u m e r

5 s t a n d a r d / 8 m u l t i p l e r e s p o n s e

U n d e r s t a n d t h e r a n g e o f s k i l l s r e q u i r e d w h e n a d v i s i n g c l i e n t s

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U n d e r s t a n d t h e f i n a n c i a l r e g u l a t o r s ’ u s e o f p r i n c i p l e s a n d o u t c o m e s b a s e d r e g u l a t i o n t o p r o m o t e e t h i c a l a n d f a i r o u t c o m e s

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A p p l y t h e C o d e o f E t h i c s a n d p r o f e s s i o n a l s t a n d a r d s t o b u s i n e s s b e h a v i o u r s o f i n d i v i d u a l s . C r i t i c a l l y e v a l u a t e t h e o u t c o m e s t h a t d i s t i n g u i s h b e t w e e n e t h i c a l a n d c o m p l i a n c e d r i v e n b e h a v i o u r s

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The exam is for 2 hours and is made up of 100 questions; 87 single response questions that only need one answer and 13 multiple response questions, which require you to select more than one answer. The question will not specify how many answers you need to select, making these quite tricky! R01 has a current pass mark of 65%. R01: The Exam

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To book your place on our R01 Course, please click here

To find out more about the CII’s R01 Course, including the latest course availablity, curent tuition pricing or to register your interest, please click here . Alternatively contact Lowes Financial Academy on 0191 287 8717 or email at Academy@Lowes.co.uk .

“Figures show that R01 has a pass rate of just 64%. This is where Lowes Financial Academy can help.”

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