Master the syllabus with our official CISI Accredited Training Partner (ATP) study suite. Master UK investment platforms, tax wrappers (ISA, SIPP, LISA), regulatory framework, asset servicing, and taxation for the CISI PWMSP Investment Operations Certificate exam.
Updated for 2026. 100% matching with the latest official workbook revisions.
Listen to course modules on the go. Perfect for studying while driving or commuting.
* This is a chapter sample. All audio is available in the full version.
Stop drowning in FCA rulebooks and wrapper tax tables. This is a complete exam simulation system built to help you master the CISI PWMSP syllabus — from ISA mechanics and SIPP drawdown rules through to CMAR reporting, Consumer Duty, and platform taxation.
We've distilled the COBS rules, CASS client asset requirements, platform charging structures, and investment wrapper tax treatments into a dynamic learning environment that adapts to your needs. No generic content — just targeted, interactive practice built from the official v9.1 workbook.\n\nCISI Academy is an official Accredited Training Partner (ATP) of the Chartered Institute for Securities & Investment.\nAs an official partner, we provide study materials aligned with the latest syllabus to ensure your exam success.\n
Study with confidence using materials aligned with the syllabus published by the Chartered Institute for Securities & Investment.
Listen to course modules on the go. Practice anytime, anywhere - even while driving or commuting.
4 full exams replicating the 50-question, 60-minute PWMSP format.
Built from real workbook content and scenario-based questions.
Your private tutor trained on the PWMSP workbook and FCA COBS rules.
10 per chapter plus 20 Number Recall cards for key thresholds.
80+ exam traps and key rules condensed for final-hour review.
Use the same question bank in two different ways: build understanding with instant feedback, then switch to a realistic simulation when you are ready.
Choose an answer, see immediately whether it is right or wrong, and read the explanation before moving on.
Work against the official-style timer without revealing answers, then review your score and every explanation after submission.
Types of assets held on platforms, non-complex vs complex instruments (MiFID II), appropriateness testing, and direct vs indirect assets.
ISA types and subscription limits, pension wrappers (SIPP, personal pension), investment bonds, and the GIA.
Platform revenue models, RDR impact, charging structures, adviser charging, STP, model portfolios, and regulatory reporting.
Order types, nominee company structures, custodian roles, CREST settlement, DvP, and in specie transfers.
Income events (dividends, coupons), mandatory vs voluntary corporate actions, fund valuation, and forward pricing.
FCA objectives, COBS, Consumer Duty (July 2023), data protection, FSCS, FOS, and AML/KYC requirements.
Income tax on dividends, CGT rates, SDRT, ISA/SIPP tax advantages, offshore funds, and EIS/VCT reliefs.
Try 15 questions from Orders and Best Execution
This preview shows one part of the course. Try this short topic quiz and unlock the full course for complete mock exams and full coverage.
The CISI Platforms, Wealth Management and Service Providers (IOC) exam is a Computer-Based Test of 50 multiple-choice questions in 60 minutes. The pass mark is 70% (35 out of 50). Exams are available year-round at Prometric centres worldwide.
PWMSP is primarily taken by platform operations staff, wealth management administrators, financial adviser support teams, and compliance professionals working in platform or advisory firm environments. It is part of the CISI Investment Operations Certificate (IOC).
PWMSP covers: investment platform assets and wrapper structures (ISA, SIPP, LISA, JISA), platform revenue models and RDR rules, transaction processing and nominee company operations, asset servicing and corporate actions, FCA regulatory framework and Consumer Duty, and UK taxation of platform income and investments.
Yes — all content reflects syllabus version 9.1, covering exams from 21 November 2025 to 20 November 2026. Key updates include Consumer Duty outcomes, revised CGT rates (18%/24% from April 2024), the FOS £430,000 limit, and the DORA operational resilience requirements.
All content is created directly from the official CISI PWMSP workbook (Edition 9, August 2025). Every fact, threshold, and regulatory reference is verified against the workbook to ensure exam accuracy.
You get lifetime access from the moment of purchase. Study at your own pace with no time limits or recurring fees.
Yes — the entire platform is mobile-responsive. ISA limit flashcards, platform charging cheat sheets, and the AI tutor all work seamlessly on any device.
We do not guarantee a pass — the PWMSP exam requires genuine understanding of FCA regulation and platform operations. Our mock exams replicate the question style and chapter weighting to help you identify weak areas before the real exam.
As an official CISI Accredited Training Partner, our provider holds ATP status and our materials are structured around the current CISI syllabus. This gives you a structured, exam-focused companion to the official workbook.
Yes! Test your knowledge and review detailed explanations with the free CISI Platforms, Wealth Management and Service Providers (IOC) Topic Quiz below. It contains 15 questions from one named syllabus topic and is not a full mock exam or overall readiness assessment.
Submitted directly to CISI Academy. These testimonials are not presented as independently verified by Trustpilot, Google, or another third-party platform.
Fantastic value. It feels like a gym for the brain. The AI explanations for complex calculations were a lifesaver for me.
The material covers the core topics exceptionally well. It's much easier to digest than the dry official workbook. Used it daily on my commute and passed my exam.
Helped a lot to clear my doubts and gain more confidence before the actual exam day. The progress tracker kept me accountable.
I failed my first attempt using just the textbook. I bought this course for my retake, and it made a huge difference. The summaries explain ISA rules simply. I passed easily.
I was confused about LISA and JISA limits before. The cheat sheet makes the rules, limits, and bonuses very clear. It is perfect prep for the exam.
The practice tests are just like the real exam. The questions use the same format, so there were no surprises. I got 78% on my first try!
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