LP2 Financial Services products and solutions

The LP2 (Financial Services products and solutions) exam forms the second part of the Certificate in Financial Services. It is a level 3 paper, worth 20 credits toward the qualification.ward the qualification.

Forms part of
The Certificate in Financial Planning.
Credit awarded
Exam length
2 hours
Exam type
Multiple Choice
Exam content
75 multiple choice questions
Pass Mark
In the region of 70%
Learning Outcome 1
Understand protection, investment and pensions needs and the factors that affect them.
Learning Outcome 2
Understand the process of identifying appropriate financial solutions.
Learning Outcome 3
Explain the main features of protection products.
Learning Outcome 4
State the main features of mortgage repayment vehicles and mortgage protection products.
Learning Outcome 5
Explain the range of savings and investment products available to customers.
Learning Outcome 6
Explain the main tax wrappers available to customers

Course Overview


The LP2 (Financial Services products and solutions) exam forms the second part of the Certificate in Financial Services. It is a level 3 paper, worth 20 credits toward the qualification.

The exam itself is a 2-hour computer-based multiple-choice exam. There are 75 multiple-choice questions. It can be taken at test centres throughout the country. As the exam is computer-based, you can sit it on a date of your choosing throughout the year providing more flexibility to accommodate your studies.

The nominal pass mark is 70% and as this is a computer-based test rather than a written test it is unlikely that there will be much deviation from this unless a question is subsequently found to be invalid. So, in terms of the mark needed to pass, you are looking at a minimum of 53/75.

LP2 Financial Services products and solutions

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