CPC Examination

Important Information to Learners before Starting Studies

All learners will need to review the information in these THREE documents before starting their studies:

Qualification

The CPC comprises seven separate units which must all be completed to achieve the qualification. Details can be found here - Certificate in Pensions Calculations

How the Units are Assessed

Units are assessed by way of examinations designed to demonstrate learners’ competence in the manual calculation and communication of benefits of occupational pension schemes. Assessment is by ‘open book’ case study examinations, which are offered each year in March and September.

Examinations

Each of the CPC examination units (of which there are 7 in total) consists of 2 case studies (Section A – Calculations) and a single draft letter for analysis, which is always associated with one of the case studies (Section B – Draft Letter).

The examination units are designed to test the competence of learners in the calculation and communication of pension benefits.

They are based on 3 fictitious pension schemes:

Scheme	Type	Contracted-out?
OPQ	Money Purchase	No
RST	Career Average Revalued Earnings (CARE)	No
XYZ	Final Salary	Category A: Yes (up to 5/4/2016) Category B: No