Unit LP1

Testing Position

• Examinations are based on the published syllabus. Syllabuses are available free of charge on the CII website www.cii.co.uk or on request.
• Candidates will be examined on the basis of law and practice in England unless otherwise stated.
• The LP1 examination consists of 15 multiple choice questions (MCQs) and 7 case studies, comprising of 5 MCQs. 90 minutes is allowed for this examination.
• The general rule is that legislative and industry changes will not be examined earlier than 3 months after they come into effect.
• Candidates must keep up to date with legislative and industry changes that occur.

Financial Ombudsman Service Award Limit Change

Changes to the Financial Ombudsman Service (FOS) award limits come into effect on 1 April 2024.  Examinations will be reflective of these changes from 1 July 2024.