I was in a similar position a while back. I did Pensions (304) before 301 - under pressure from my employer which is a Pensions Consutancy. I consulted the Institute and they told me that I should be able to do it. In the event I failed once and passed at the next attempt. I then passed 301 first time. I haven't studied Life so others may come along with a more informed opinion but I would say it's possible.
CA1 obviously is there to provide a good grounding in Assets and Liabilities in a general sense and this would undoubtedly be useful for ST2, however there is a small section in ST2 on the features of certain inevestments and whether they would be suitable for Insurance company holdings and in what scenarios. This is most likely a repetion of material covered in CA1 and therefore should provide the bones of what you need to know although you might need to do a little extra reading to get a bit of meat on them.
If you're in doubt it's porbably best to consult the institute and of course other students.
Last edited by a moderator: Nov 22, 2005