JO5 (Pension Income Options) Pre Exam Training - online distance learning event

>> Event Overview

The Personal Finance Society Hants & Dorset and Surrey Regional Committees in association with the Insurance Institutes of Bournemouth, Guildford, Reading and Southampton have organised training days for those members who are studying for and taking the J05 examination.

Due to the COVID-19 pandemic, the Regional Committees have suspended all Face to Face events for 2021 and this event will be run as an Online Distance Learning event.

By the end of the event, delegates will have covered the key elements of the JO5 syllabus with the emphasis on the learning outcomes, will have been introduced to the exam format and adopting a suitable exam technique.

>> Learning Objectives

This event will enable delegates to:

• Identify the main sources of later life income using both pension and non-pension assets.

• Identify the different options open to members with money purchase benefits at minimum pension age and explain their risks and rewards.

• Identify the requirements to qualify for an ill health pension and a serious ill health lump sum payment

• Identify the options available on the death of the member for both crystallised and uncrystallised funds together with the taxation of these.

• Identify the factors an adviser needs to establish in order to give appropriate advice on the most suitable method of taking benefits

• Identify an appropriate investment strategy for an individual in Drawdown to achieve a sustainable income

• Understand how a final salary scheme member’s pension will be paid and accurately calculate the maximum Pension Commencement Lump Sum

• Understand how a member’s benefits in a final salary scheme are protected.

• Identify the main Benefit Crystallisation Events and calculate accurately the member’s remaining lifetime allowance including circumstances where the member has transitional protection.

• Understand the key elements of the State Pension for both pre 2016 and post 2016 systems

Cost: The cost of the days training will be £49 for PFS members and £59 for non-PFS members.

>> More about our speaker

John Trayner FCII FPFS, a CII approved trainer, who has supported the Personal Finance Society Hants and Dorset Region’s exam revision programme since 2018.

>> To book your place / for more info

Your attendance will be confirmed once you have booked online. There is a maximum of 16 attendees on each day. If we are oversubscribed, you will be placed on a waiting list.

To attend, please book online via the following link:

J05 - 11th February

Any questions please email the Personal Finance Society Hants and Dorset Regional Committee on hantsanddorsetpfs@outlook.com.

To view our image and video capture consent statement, please click here.