On April 23, PMI hosted a webinar to share important updates regarding the assessment changes to the Advanced Diploma in Retirement Provision (ADRP) qualification. Please follow the link here to refer to the key updates and access the recording of the webinar.
From Autumn 2025 exam series, all exam units below will be assessed via 80 Multiple Choice Questions only.
Please refer to the ADRP specification under 'useful resources' for further information regarding how the exams will be assessed.
Please refer to the Retirement Provision stream specification under 'useful resources' for further information regarding how the exams will be assessed.
We suggest taking the exams in the following sequence to optimise your learning experience.
Core unit 1A – Understanding Retirement Provision
The aim of the unit is to provide an introductory overview of retirement provision in the UK
Core unit 2 – Regulation of Retirement Provision
This unit provides an overview of the regulation of retirement provision in the UK.
Core unit 3 – Running a Workplace Pension Scheme
This unit gives learners an overview of the requirements of running a workplace pension scheme.
Core unit 4 – Financing and Investing for Retirement Provision
An overview of how employers and employees pay for workplace pensions and distinguishing between defined benefit and defined contribution arrangements.
Defined Benefit Arrangements
An in-depth unit on trust-based defined benefit (DB) arrangements Students will apply DB arrangements in a variety of scenarios, recognising the requirements of different stakeholders.
Defined Contribution Arrangements
The unit aims to deepen understanding of trust and contract-based DC arrangements, applying core unit knowledge across diverse scenarios while acknowledging stakeholder requirements.
Reward and Retirement Provision
Gain an understanding of the main employee benefits, their value, cost structures, taxation implications and how they interact with saving for retirement.
Please note , Professionalism and Governance Exam will continue to be assessed via short and long answer questions only .
Professionalism and Governance
Candidates will acquire an in-depth understanding of professionalism and ethics, as well as the importance of continuing professional development. They will explore risk and governance issues in pension schemes, and apply these principles practically. Additionally, they will develop the ability to effectively communicate their knowledge to relevant audiences.
The above are all part of the Advanced Diploma in Retirement Provision qualification.
Please note, we can only accept completion of units post 2016 only. Any exams passed pre 2016 would need to be taken again if you want to complete a particular steam.
