AF7 Revison/Study Event

AF7 (Pension Transfers) Pre ExamTraining, Friday

March 9th, Old Mutual House, Southampton

The Hants and Dorset PFS Regional Committee in association with the Insurance

Institute of Southampton have organised a training day for those members who are

studying for and taking the AF7 examination. Priority will be given to Hampshire

based members of the PFS Hants and Dorset Region.

The cost of the day’s training will be £50. Your attendance will be confirmed once

the member has paid the fee invoice. There is a maximum of 15 attendees. If we

are oversubscribed, you will be placed on a waiting list.

The day will commence at 0930 sharp and finish by 1645.

The AF7 preparation day aims to increase your chances of passing the exam.

The course objectives are:

By the end of the event delegates will able to:

• Understand the background to pension transfers both from money

purchase and final salary arrangements.

• Describe the main structure and governance of a defined benefit scheme.

• Describe a DB scheme’s main features including the benefits paid at

normal, early and late retirement, ill health pension and on death

• Understand the options available to someone who has left a DB scheme’s

sponsoring employment.

• Know how a deferred pension will be revalued

• Understand how a Cash Equivalent Transfer Value (CETV), is calculated,

the assumptions behind the calculation and how changes in these will

affect the CETV.