Not bad. Company X in question 2 seems to be the only company in Britain setting up a DB pension scheme for the young. One other candidate said after the exam the first thing he'd do is to recommend they don't set up a DB scheme. Not sure what they meant by "provisions to pay outstanding benefits" in Q1. I took that to mean "means", which may have been wrong. Not a very clearly worded question. I had plenty down for most of the rest of the paper. More for 7 than 6. In fact 6 was pretty awful. Yes, plenty of risks for the DC scheme in Q5. "Don't outsource your admin to my company" was my unspoken thought in that one. All the self-administered schemes I've dealt with have all been administered better than the ones my company does. But they are all a lot smaller than the large one in the question.
****. I didn't pass. Which is weird, because I felt more positive about that exam than any of the others so far.
