Hi,
Firstly thanks for the advice on flashcards - I had not thought of that issue, but it should be an easy one for us to sort. I will pass an email round the ActEd tutors to watch out for this the next time they update a set of flashcards, and make each one self-contained.
On the SA5 reading list question, this is a really hard one. I have no insight into what the exam may examine, nor which further reading papers may be used as the basis for a question (if one is indeed used!) I will say however, that in the past, there have been very few questions that I can directly link to ANY paper on the further reading list. The main use of the further reading list is to widen students' awareness and outlook, rather than to give specific reading that can be directly examined. The most important material is definitely: the SA5 core reading, the parts of ST5 core reading referenced at the start of the SA5 course notes, and the general financial press. The above list accounts, in my opinion, for 80% to 90% of exam material in the last 10 years of papers. Financial press means the FT (particularly long view articles, economic articles, geo-political events and articles on these, discussions on European and global regulation with a particular bias towards insurance regulation), the economist, and the BBC business website (which is actually pretty good for most of the above items).
Hope this helps. It is more difficult when living abroad, but not impossible.