LIBF’s DipFA and the CII’s Diploma in Regulated Financial Planning (DipPFS) side by side: units, exam style, cost, time, flexibility, who each suits, and whether you can mix them.

DipFA vs DipPFS: LIBF or CII for Your Level 4 Adviser Diploma?

Three CII R02 Investment principles and risk practice questions worked through, including a multiple response question, how to use a timed mock, and where the official specimen exam is.

CII R02 Practice Questions: 3 Worked Examples for the 2026/27 Syllabus

The CII R02 exam for 2026/27: 100 questions in two hours, the two question formats, questions per learning outcome, the 65% standard pass mark, the tax year and official practice.

CII R02 Exam 2026/27: Format, Pass Mark and Syllabus by Learning Outcome

Unit of the Chartered Insurance Institute Diploma in Regulated Financial Planning, required for the UK retail investment adviser qualification. Covers the economic environment, asset classes and their risk and return, investment products and wrappers, portfolio construction and performance measurement, and the principles of investment advice.

CII R02 Investment Principles and Risk

The key rules in three 20-minute sets

CII R02 Essentials: three sets of 20 minutes, 50 questions to start with. Every answer explained. Try 3 questions free.

The quick way into CII R02. 50 questions from our full practice test. One question per key rule. All 9 learning outcomes covered. Three sets of 20 minutes. Every answer explained. Independent practice, not written or endorsed by the CII.

CII R02 Essentials: 50 Questions to Start With

US, UK & international professional

CII R02 Investment Principles and Risk — Syllabus & notes

Exam overview