High pass rate on pensions simplification exam

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Nineteen out of every 20 candidates have passed the first exam for the new CII pensions simplification update programme.

Created to help intermediaries ensure they fully understand the A-day pension reforms, which come into force next April, the CF9 qualification has been designed to cover all aspects of the new Inland Revenue regime, looking at the range of permitted investments and retirement options available as well as the transitional arrangements. So far, 288 people have passed the exam since its launch in February, however, there are another 2000 people waiting in the wings to complete the CII assessment this year, as many people are uncertain at this stage what the rules actually are. Interest i...

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