CII R-Series Exam Practice Questions
Unlimited MCQ practice for CII R01–R05 Diploma in Regulated Financial Planning. Difficulty-graded questions with instant feedback. Start R01 free — no card required.
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All Five R-Series Units
Questions covering R01, R02, R03, R04, and R05 — the full CII Diploma in Regulated Financial Planning.
Difficulty-Graded Questions
Easy, medium, and hard questions so you can build confidence before tackling exam-level difficulty.
Instant Feedback
Every question includes a detailed explanation so you understand the reasoning, not just the answer.
Proven Effective
Re-reading notes and highlighting textbooks feels productive, but research consistently shows it doesn’t stick. Answering practice questions is one of the most effective ways to prepare for an exam — you remember more, for longer, and build real confidence that you know the material. When you combine that with spaced practice and detailed explanations, the results are even stronger.
How It Works
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Sign up in seconds and start practising R01 completely free — no credit card required. Get instant access to CII R01 practice questions.
Practise by Unit and Topic
Work through questions organised by R-series unit and topic. Each question includes a detailed explanation so you understand the reasoning behind every answer.
Track Your Progress
Your dashboard shows mastery levels for every topic across all five R-series units. Focus your revision on weak areas and watch your scores improve.
What You'll Learn
Comprehensive coverage across all exam modules and topics
R01: Financial Services, Regulation & Ethics
UK Financial Services Industry
Regulatory Framework
Regulated Activities & Authorisation
Professionalism & Competence
Conduct of Business (COBS)
Code of Ethics
Record Keeping & Reporting
Anti-Money Laundering
Consumer Rights & Complaints
R02: Investment Principles and Risk
Asset Classes & Investment Products
Macro-Economic Environment
Investment Theories & Frameworks
Risk & Return Analysis
Portfolio Construction & Asset Allocation
Time Value of Money
Investment Performance Analysis
Market Efficiency & Valuation
R03: Personal Taxation
UK Tax System Structure
Income Tax
Investment Income Taxation
Capital Gains Tax (CGT)
Inheritance Tax (IHT)
Taxation of Direct Investments
Taxation of Indirect Investments
Trust Taxation
Stamp Duties
R04: Pensions and Retirement Planning
State Retirement Benefits
Pension Scheme Types
Defined Benefit (DB) Pensions
Defined Contribution (DC) Pensions
Pension Regulatory Framework
Tax-Advantaged Pension Features
Pension Income & Drawdown
Retirement Planning Considerations
Contracting Out
R05: Financial Protection
Financial Protection Fundamentals
Life Insurance Products
Insurance Product Features
Client Needs Assessment
Protection in Business Context
Trust Arrangements for Protection
Taxation of Insurance Benefits
State Benefits Integration
Claims Management
Frequently Asked Questions
What is the CII Diploma in Regulated Financial Planning?
The CII Diploma in Regulated Financial Planning (formerly the Financial Planning Certificate) is a professional qualification for financial advisers. It consists of five units: R01 (Financial Services, Regulation & Ethics), R02 (Investment Principles and Risk), R03 (Personal Taxation), R04 (Pensions and Retirement Planning), and R05 (Financial Protection).
How many questions are in each CII R-series exam?
Each R-series unit exam consists of 100 multiple-choice questions to be completed in 2 hours. The pass mark is 70% for each unit. Units are examined separately, so you can sit them in any order.
Which CII R-series unit should I start with?
Most candidates begin with R01 (Financial Services, Regulation & Ethics) as it provides the regulatory foundation underpinning the other units. However, you can sit the units in any order. R03 and R05 are popular early choices for those with existing tax or protection knowledge.
Is CII Prep free to use?
R01 practice questions are completely free with no credit card required. To access practice questions for all five R-series units (R01–R05), a subscription costs just £9.99 per month, which you can cancel at any time.
Which CII R-series unit is the hardest?
R04 (Pensions and Retirement Planning) is consistently rated the most challenging unit due to the depth of pension legislation and tax rules covered. R03 (Personal Taxation) is also considered demanding. R01 and R05 are generally more accessible for first-time candidates.
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