The Personal Finance Society (PFS) is piloting a series of study groups to help its members prepare for the CII Diploma in Financial Planning exams, starting with the JO2 Trusts exam.
The first J02 Study Groups will take place in March in Birmingham, Bristol and Leeds.
The PFS says each session will provide an opportunity for members from the same region to meet and, with the help of a facilitator, work through the CII Trusts learning materials, typical exam questions and model answers.
"Studying can be very lonely and it is easy to get distracted," PFS chief executive Fay Goddard says.
"By joining a group, members will benefit from the commitment they make and through interacting with others. A couple of hours a week is manageable and will be particularly beneficial to those who have not taken an exam for some time.
"We are encouraging our members to start work on the RDR proposals now rather than leaving it until the last minute. We were pleased to see the uptake of the Diploma in 2008 saw a 60% increase in enrolments and a 30% increase in those completing the qualification."
Dr Peter Williams, head of industry development at Aegon, adds: "Past experience has shown that advisers who use study groups see their pass rates shoot up from the average of less than 50% to over 75%," he says.
"The RDR presents a significant challenge to advisers who have to juggle the new academic requirements with the demands of business and the PFS/Aegon Scottish Equitable study groups offer one of the best methods of securing success."
The PFS says it will roll out the study groups if the pilot is suucessful. For more information visit the PFS website.IFAonline
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