RE5 Self-Study Material

How the RE5 exam is actually written

RE5 is a 50-question multiple-choice paper written in 2 hours at a Moonstone or FSCA approved venue, and you need 65% to pass — that is 33 correct answers with no room for lazy guessing. The questions are drawn from the official qualifying criteria (the RE5 tasks), so every task in that document is fair game, and the paper deliberately uses answer options that are close to each other.

That format is why reading alone rarely gets people through. Candidates who fail almost always know the content in general terms but cannot apply it to a specific scenario under time pressure. This pack is built the other way around: learn the task, then answer questions on it until the wording no longer trips you up.

• 50 multiple-choice questions, 2 hours, 65% pass mark
• Written at an approved venue and booked through Moonstone
• Questions map to the official RE5 qualifying criteria tasks
• Answer options are close together, so partial knowledge is punished

A four-week RE5 study plan using this pack

The plan is simple: two tasks a week, every week, for four weeks. The RE5 qualifying criteria are broken into eight tasks, and the study guide follows them in order, so each week you work through the next two tasks in the guide and make sure you understand them before moving on.

At the end of the four weeks, write the full mock exam under exam conditions — closed book, two hours, no phone. If you fail it, do not book the real exam yet: go back to the tasks you struggled with, rework the summary document and reference guides, and rewrite the mock until you pass.

You also get WhatsApp mentorship for as long as you are studying, so when a section will not make sense you can send us the exact question rather than lose an evening to it.

• Week 1: study Task 1 and Task 2 in the guide
• Week 2: study Task 3 and Task 4 in the guide
• Week 3: study Task 5 and Task 6 in the guide
• Week 4: study Task 7 and Task 8 in the guide
• End of week 4: write the full mock exam — failed? Repeat the weak tasks and rewrite until you pass, then book your RE5 exam

The RE5 topics that catch representatives out

• The difference between advice and factual information, and when a record of advice is required
• Disclosure duties: what must be disclosed about the FSP, the product supplier and the representative
• The General Code of Conduct, especially suitability, conflicts of interest and complaints handling
• Fit and proper requirements, supervision arrangements and debarment
• The FAIS Ombud, the FIC Act and record-keeping periods
• Which licence category permits which financial service