AF5
Advanced Diploma in Financial Planning
Unit AF5 – Financial planning process
September 2022 examination
SPECIAL NOTICES
All questions in this paper are based on English law and practice applicable in the tax year
2022/2023, unless stated otherwise in the question, and should be answered accordingly.
It should be assumed that all individuals are domiciled and resident in the UK unless
otherwise stated.
, AF5 September 2022
Unit AF5 – Financial planning process
Instructions to candidates
Read the instructions below before answering any questions
• Three hours are allowed for this paper which carries a total of 160 marks.
• You are strongly advised to attempt all tasks to gain maximum possible marks. The number of
marks allocated to each task is given next to the task and you should spend your time in
accordance with that allocation.
• In this examination you should use the fresh copy of the fact-find provided after the tax
tables. You are not allowed to bring into the examination the pre-released copy of the
fact-find.
• Client objectives are provided on the next page and you should read them carefully before
attempting the tasks.
• Read carefully all tasks and information provided before starting to answer. Your answer will
be marked strictly in accordance with the task set.
• Tax tables are provided at the end of the question paper.
• The fact-find is also included at the end of the tax tables.
Subject to providing sufficient detail you are advised to be as brief and concise as
possible, using note format and short sentences.
2
Advanced Diploma in Financial Planning
Unit AF5 – Financial planning process
September 2022 examination
SPECIAL NOTICES
All questions in this paper are based on English law and practice applicable in the tax year
2022/2023, unless stated otherwise in the question, and should be answered accordingly.
It should be assumed that all individuals are domiciled and resident in the UK unless
otherwise stated.
, AF5 September 2022
Unit AF5 – Financial planning process
Instructions to candidates
Read the instructions below before answering any questions
• Three hours are allowed for this paper which carries a total of 160 marks.
• You are strongly advised to attempt all tasks to gain maximum possible marks. The number of
marks allocated to each task is given next to the task and you should spend your time in
accordance with that allocation.
• In this examination you should use the fresh copy of the fact-find provided after the tax
tables. You are not allowed to bring into the examination the pre-released copy of the
fact-find.
• Client objectives are provided on the next page and you should read them carefully before
attempting the tasks.
• Read carefully all tasks and information provided before starting to answer. Your answer will
be marked strictly in accordance with the task set.
• Tax tables are provided at the end of the question paper.
• The fact-find is also included at the end of the tax tables.
Subject to providing sufficient detail you are advised to be as brief and concise as
possible, using note format and short sentences.
2
