cii exam remarking

Who are these pathetic candidates that cant answer a question on an either/or basis. They can't be IFAs surely? We have to think comprehensively. The CII must be equally pathetic.

Posted by: michael bates

Poor excuse

I took the AF1 exam in question - which I passed with distinction. I agree that question two was wrongly printed, but after a momentary panic and re-reading of the question it was quite clear that the examiner wanted a calculation of IHT on settlor death. This conclusion was based on the fact that the first question had asked for IHT in lifetime and the number of points allocated to this question was appropriate for the calculation that would be required for IHT on death. Therefore the only missing information was date of death. I prefixed my answer with the comment 'I think you have missed some information out of the question so i am answering on the basis that the settlor died today' and proceeded to answer the question. To not put anything at all seems foolish - particularly given that in a written paper you have the opportunity to explain the situation the poorly worded question has put you in, and by all accounts candidates would have got points whatever date of death was assumed. The CII should be duly apologetic for this mistake, but to reduce the pass mark or offer free re-sits seems insulting to the many candidates who did actually attempt to answer this question .

Posted by: TM

Poor excuse?

TM - you are an arrogant so and so!! Remember 'the higher the monkey climbs - the more he reveals!!!! All you did was spout off at how wonderful you think you are - very much like the FSA themselves - do you work for them?

Posted by: IFA