QFA Regulation study plan

QFA Regulation · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

Life Assurance

Outline the statutory and regulatory bodies that govern life assurance distribution and note the source instrument behind each rule you list.
Summarise disclosure, suitability and fact-find requirements for life assurance advice onto a single reference sheet.
Explain cooling-off, cancellation and complaint-handling timelines owed to a life assurance policyholder.
Write and answer 15 closed-book self-test questions on life assurance regulation.

A one-page life assurance regulatory summary sheet plus a scored 15-question self-test with a target of 80% or better.

Week 2

Describe the split of regulatory responsibility between the pensions regulator and the central bank across occupational and personal pension provision.
Summarise trustee, funding and disclosure obligations that attach to pension advice, naming the governing instrument for each.
Explain transfer value, early retirement and complaint escalation rules as they apply to pension products.
Answer 20 mixed pension-regulation questions and record every error alongside the underlying rule.

An error log covering at least 10 pension-regulation weak points, each paired with a one-line statement of the correct rule.

Week 3

Outline client categorisation, appropriateness and conduct requirements that apply to savings and investment product advice.
Summarise product disclosure, cost transparency and advertising restrictions for savings and investment products.
Explain market abuse and insider dealing prohibitions and identify the adviser conduct they exclude.
Complete a 20-question savings and investment drill and correct every wrong answer against source text.

A completed 20-question drill with a written correction note for each incorrect answer.

Week 4

Summarise consumer protection obligations for personal general insurance, including renewal and mid-term adjustment handling.
Explain claims handling, complaint resolution and the time limits that bind personal lines insurers.
Compare personal lines disclosure standards against life assurance standards and list the differences.
Complete a timed 40-question mixed set covering Domains 1 to 4 and review every error.

A timed 40-question set on Domains 1 to 4, fully scored and reviewed, with error themes listed by domain.

Week 5

Summarise commercial lines requirements covering commercial customer status, disclosure duties and the reduced consumer protections.
Explain how commercial claims, subrogation and complaints are handled under the applicable code.
Identify regulatory touchpoints for broker remuneration and conflicts of interest in commercial placements.
Draft 15 short-answer questions on commercial general insurance regulation and grade your own answers.

15 self-written short-answer questions on commercial general insurance with model answers written to pass standard.

Week 6

Outline the regulatory framework for private medical insurance, including community rating and risk equalisation requirements.
Summarise the disclosure, waiting period and renewal entitlements owed to private medical insurance consumers.
Explain how complaint and appeal routes differ between private medical insurance and general insurance.
Re-test the Domain 5 error themes with 10 focused questions.

A one-page private medical insurance rule map plus a re-test on the 10 previously missed Domain 5 items.

Week 7

Rank all six domains by mock accuracy and re-read source material for the three weakest.
Complete two timed 50-question mocks under exam conditions.
Rewrite the personal summaries for Domains 5 and 6 that were assembled fastest and are least reliable.
Consolidate every recurring error into a single remediation list.

Two timed mocks completed with a score log table showing accuracy per domain and a consolidated remediation list.

Week 8

Drill the remediation list until no open items remain.
Complete one full-length timed mock and rehearse per-question pacing.
Recite from memory the complaint escalation route and the core consumer protection duties across all six domains.

A full-length timed mock scoring 85% or better with a signed-off remediation list showing zero open items.

Week 2: Explain the regulatory split for pensions and life assurance from memory in under five minutes without notes.

Week 4: Score 75% or better on a timed 40-question set covering Domains 1 to 4 and name the governing source for each missed rule.

Week 6: Cover all six domains at least once, with a written one-page map for each of Domains 5 and 6.

Week 7: Reach 80% accuracy in every domain on timed mocks, or hold a remediation list of no more than 10 named rule areas.

Week 8: Score 85% or better on a full-length timed mock with zero open items on the remediation list.