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Chartered Insurance Institute
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Key facts


Key facts for the Award in Life and Pensions Foundations

Ofqual Regulated Qualification Framework (RQF) Level Level 2
Number of available units 1 unit
Compulsory units (LF1) Life and pensions foundations
CII credits per unit Unit LF1 does not award any CII credit
Exam format
  • Online, one hour
  • 50 multiple choice questions
Average study time per unit

40 hours

Availability of exam sessions (Details shown apply to the UK. Outside of the UK exams are offered twice-yearly) Year-round. Availability varies from centre to centre, but typically weekly
Entry requirements? None
Record of Achievement issued for each exam pass? Yes
Qualification awarded upon completion Yes - Award in Life and Pensions Foundations
CII/PFS membership designation N/A