FRE2: Skills, Principles and Ethical Behaviours
285 questionsFRE2 is the second unit of CeMAP Module 1, focusing on the practical skills and ethical framework required for financial advice. Topics include the advice process, building trust with clients, consumer rights and protection, ethical principles, and the FCA Consumer Duty framework. The exam consists of 30 multiple-choice questions.
Topics
- The Advice Process
- Building Trust with Clients
- Consumer Rights and Protection
- Ethical Principles and Professional Behaviour
- FCA Consumer Duty Framework
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Frequently Asked Questions
How many questions are in the FRE2 exam?
The FRE2 exam consists of 30 multiple-choice questions. You need to score 70% (21 out of 30) to pass.
What is the FCA Consumer Duty?
The Consumer Duty is an FCA regulation requiring firms to deliver good outcomes for retail customers. It is a key topic in FRE2 and covers the four outcomes: products and services, price and value, consumer understanding, and consumer support.