A Remarkably Effective and Amazingly Simple Way
To (Study For) And Pass Your RE Exam
Pass Your RE Exam Like An “Insider” While Being Completely Ethical
I get it… the RE Exam is not something you want to do
… it is something that is being forced upon you… and who likes that, right?
Worst of all, they make the exam difficult so you have to spend YOUR time and effort to study really hard and long hours…
And maybe you have already tried once or twice before…
Now you still have to go do it all over again.
Why… Why… Why…
Well, the RE is a licence, like a drivers licence. If you want to drive a car you have to get one. Same here, if you want to work in the financial industry, like it or not, you have to get your licence.
At the end of the day your job and your income is directly connected to your licence…
The good news is: You only need to do it ONCE!
We Can Help You Pass Your RE Exam
But before we get to how we can help you, here are three questions similar to what you will find in a RE exam. Note down your answers and I will show you the correct ones a little later.
Jan and Marie of Dorpie Makelaars sell insurance policies within a small rural farming town, but both unfortunately tragically passed away in a tractor accident. Their FAIS business matters need to be wrapped up but it is discovered that Jan was acting as the accountant and compliance officer. They had no lawyer but there was a valid will and a surviving daughter.
Which statement is true?
A) Clients of Dorpie Makelaars will have to contact the Financial Sector Conduct Authority to assist in transferring their business to another Financial Services Provider.
B) The FAIS Commissioner will determine that due to the dishonest behaviour of Jan a fine must be issued against Dorpie Makelaars.
C) The daughter must apply to the FAIS Commissioner to take steps to suspend the license immediately.
D) Executor of the deceased’s estate must provide reasons to the commissioner in writing for the lapsing of the licence.
A Financial Services Provider is licensed to sell short and long-term deposits, long term insurance Cat B1 and short-term insurance personal lines. Sandy will complete her B. Com in Economics in 1 years’ time and is joining the Financial Services Provider as representative with no previous experience in the financial industry.
Which of the following must take place if the Financial Services Provider appoints Sandy as representative?
i. Sandy must complete the product specific training and class of business training before appointment.
ii. Sandy may only sell short-term insurance personal lines since this subcategory has the least onerous requirements.
iii. Sandy must complete a supervision agreement and then can be placed on the register under all product categories.
iv. Sandy must undergo a lie detector test to ensure she meets the honesty and integrity requirements
A) i & iiii only
B) iii & iv only
C) i, ii & iv only
D) i, ii and iii only
The FAIS Commissioner may declare a business practice undesirable, after consultation, if which of the following factors are present?
i. The business practice must have had a lot of bad publicity in local media, alerting the general public to potential harm.
ii. The business practice must have, or be likely to have, a direct effect resulting in unreasonable prejudice to clients.
iii. The business practice must be likely to have an effect resulting in unfairly affecting a client and, if allowed to continue, defeating one or more objectives of the FAIS Act.
iv. The business practice must have been reported to the FAIS Ombud.
A) i & iv only
B) iii & iv only
C) ii & iii only
D) i, ii; iii & iv
They don’t make it easy… right?
And they have an entire bank of these questions which are randomly selected for each exam, so no two exams are ever the same.
Here are the answers to the three questions.
Question 1: D
Question 2: A
Question 3: C
How We Help You Pass
Remember, you only need to do this ONCE, get it right this time…
We offer a two day workshop where you you will learn:
You will discover all of these and much more during your workshop after which you will be prepared to write your exams.
The Four Sections of The Exam
The best way to answer the questions is to identify the different levels and answer them in a specific sequence that will eliminate the confusion caused by the questions mixed up.
This is where most people fail the exams.
During your workshop you will be shown how to identify these levels and then answer according to where it is applicable. This will make it much easier for you to keep your train of thought to what is asked and the correct answers without the confusion.
Exam Questions and Pass Rate
The pass mark for RE exams is 65%, for the RE5 that is 33 correct from the 50 and for RE1 it is 52 of the 80 questions.
The exam papers are computer generated from a question bank which means that each paper is different. With the volume of questions available, similar to a lotto, there are millions of variations.
So unlike other exams, studying mock exams only gives you an idea of what to expect, the chances that you will see even one of the questions from a mock exam are highly unlikely.
This is why it is so important to know and understand the material.
Once you have that right any question thrown to you will be much easier to answer…
And in addition if you know the sequence in which to answer the questions (that always remains the same) it is easier to answer. Each section has questions that are always in the same order but they are mixed within the exam paper.
Your Study Material
When you attend the workshop you will receive the latest study guide in printed format with the latest updates. The study guides are exclusive to us and you will not get them from any other provider.
To pass the exam you ONLY need the study guide, there is no need to purchase any other book or material.
The RE5 study guide consists of 78 pages and the RE1 study guide has 114 pages. Because the material is condensed into exactly what you need it cuts down enormously on your study time and you can get more time to do the things you like… which I believe you will certainly prefer to do, right?
We all know about studying old exam papers, but for the RE exams that does not work due to randomly generated papers.
What the mock exams however do is give you an idea of what you can expect when writing the exam. You understand the format of the questions, how they are asked…
And when you apply the sequence in which to answer them, which you will learn during your workshop, you will have much more clarity when writing your real exam.
With your study guide you will also receive a USB stick with mock exams for you to practice on getting you ready for your exam.
If You Attend The Workshop What Are Your Chances Of Passing?
Well, we can’t write the exams for you… But here are some of our students
… during 2018 exams written by our students the pass rate was 93,7%.
Hey, we want a perfect score… but this is the real world and on the day it sometimes just doesn’t all come together…
This is life and it happens… and we will never claim what we cannot provide.
However We Have A Guarantee…
Our Guarantee: If you attend the workshop on both days and complete your studies as taught and do not pass your exam, you may attend the next workshop we offer free of charge.
Here Is What You Get
Add to this a little self study time and you are giving yourself the best possible chance to pass your RE exam.
What Is The Cost Of The Workshop?
The cost for attending the two day workshop, the printed study guide, USB stick with the mock exams, lunch, coffee/tea on both days is R 2175,00. This includes the registration fee of R 250,00.
How Is The Workshop Fee Paid?
There are two options for payment.
You may choose to pay the full amount today and we complete your registration
You can pay the registration fee today and the balance seven days before the workshop. (your seat for the workshop is booked)
What To Do Next
Click the link below and complete the application to attend the workshop. You will then receive a call from us to verify your details and answer any questions you might still have.
We will send you an invoice with the amount as you chose to pay.
As soon as we receive your payment your seat will be booked for the workshop you chose.
You will receive a verification that your booking has been made, and we will notify you ahead of time when your workshop is. (just in case you forget…)
Pass Your RE1 & RE5 Exams
For FEBRUARY 2019 you can get the RE1 or RE5 workshop inclusive of our Exclusive Study Guide (Value R482) for only R2175. (Normally
R2540) We are the only institution that offers a REAL GUARANTEE not available anywhere else.
RE Exam Workshop Enquiry
Are you ready for Regulatory Examinations?
The FAIS Act and its subordinate legislation prescribe a number of requirements that individuals who provide financial advice/services on behalf of a financial services provider must meet.
One of these requirements is that all financial services providers, representatives and key individuals have to pass the industry’s Regulatory Examinations before certain deadlines.
Lets Study offers you all the tools you need to succeed in the Regulatory Examinations.
Thorough preparation is essential!
What determines a student’s success in the regulatory exams?
We offer support to a large number of advisers, and it is our informed belief that passing the examinations is dependent on a combination of the following:
PHONE: 010 300 7916
LETS STUDY – a quality company specialising in Skills Development. Built on training and learning experiences, our core motives and mission are to provide high quality, professional, affordable training solutions to individuals, small to medium and large businesses within South Africa and Africa as a whole.