CISI Investment Advice Diploma Exam
The CISI Investment Advice Diploma (IAD) is a Level 4 qualification accredited by the FCA for retail investment advisers. It comprises three units: UK Regulation & Professional Integrity, Investment Risk & Taxation, and a specialist unit (Securities, Derivatives, or Financial Planning & Advice). Each unit is assessed by an 80-question computer-based multiple-choice exam with a 50% pass mark.
80
Questions
120 min
Time Limit
50%
To Pass
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Exam Rules
- You can skip questions and return to them later
- Flag questions for review before submitting
- No feedback shown until you submit the entire exam
- Unanswered questions count as wrong — answer everything
- 10 pretest questions are mixed in and don't affect your score
- Timer auto-submits when time runs out
- Your progress is auto-saved every 30 seconds