RES 5 mock exams - 6 Practice Exams

RES 5 mock exams - 6 Practice Exams free download

RES 5 - Rules, Ethics And Skills For Financial Advisory Services

This test paper is intentionally more challenging than the actual exam, as common sense questions have been excluded to minimize redundancy and increase overall difficulty. If you can pass this exam on your first attempt, you should be well-prepared to pass the real exam.

What can you expect?

• 6 practice papers developed by industry professionals and senior consultants with exam-setting experience.

• 900 questions covering all key topics, full 150 question in each paper.

• Regular updates, with a focus on multiple-option questions, which are now a key part of the 2025 format changes.

  
  

Syllabus Breakdown:

Part I: (75% to pass)

• Financial Advisers Act and Financial Advisers Regulations – Financial Advisers and Representatives

• Financial Advisers Act and Financial Advisers Regulations – Conduct of Business, Powers of Authority, and Offence

• Notices and Circulars of MAS and FAA

• Prevention of Money Laundering and Countering the Financing of Terrorism – Financial Advisers

• MAS Guidelines

• Revised Code on Collective Investment Schemes

• Central Provident Fund (CPF)

• Needs Analysis

Part II: (80% to pass)

• Why Professional Ethics Matter

• Professionalism

• Ethical Behavior

• Unethical Behavior

• Conflict of Interest

• Fair Dealing

• Ethical Marketing and Sale of Financial Products

• Developing Client-Representative Relationships

• Fact Finding and Needs Analysis

• Analyzing and Evaluating a Client’s Financial Status

• Developing Appropriate Strategies and Solutions

• Presentation of Analysis and Solutions to Clients

• Reviewing Clients' Portfolios

• Basic Financial Planning Guide

Exam Details:

• 150 Multiple-Choice Questions

• Duration: 3 hours

• Passing Score: 75% for Part I, 80% for Part II (both sections must be passed to be certified)