Unit IF5
Publication date:
01 March 2012
Last updated:
06 April 2023
Testing Position
- Examinations are based on the published syllabus. Syllabuses are available free of charge on the CII website www.cii.co.uk or on request.
- Candidates will be examined on the basis of law and practice in England unless otherwise stated.
- The IF5 examination consists of 50 multiple choice questions (MCQs) and 5 case studies, each comprising 5 MCQs. 2 hours are allowed for this examination.
- The general rule is that legislative and industry changes will not be examined earlier than 3 months after they come into effect.
- Candidates must keep up to date with legislative and industry changes that occur.
Brexit
Any relevant changes that may affect CII syllabuses or assessments will be announced on this page as they arise along with a date from when the changes will be assessed.
Financial Ombudsman Service Award Limit Change
Changes to the Financial Ombudsman Service (FOS) award limits come into effect on 1 April 2023. Examinations will be reflective of these changes from 1 July 2023.