PMI Level 3 Award in Pension Trusteeship

APT Exam Practice Questions

Multiple-choice practice covering all 91 topics of the PMI Award in Pension Trusteeship, with a worked explanation for every answer. Start with trust law free, and no card is required.

By signing up, you agree to our Terms of Use and Privacy Policy.

  • 447 practice questions
  • No card to start
  • Cancel any time
  • Mapped to the published PMI Award in Pension Trusteeship syllabus across 22 units and 91 topics
Question of the Day

 

  • A 
  • B 
  • C 
  • D 
Mapped to the published PMI Award in Pension Trusteeship syllabus across 22 units and 91 topics
No card to start · Cancel any time
5 modules
Why this works

Three reasons learners actually pass.

The platform is built around retrieval practice: what the published research finds works, and what works in front of the examiner.

01 / 04

Every syllabus topic covered

PMI publishes its assessment criteria across seven learning outcomes. We have broken those into 91 topics, grouped into 5 modules and 22 units, so you can work through the syllabus in order rather than dipping in at random.

02 / 04

Written for a 75% pass mark

The APT pass mark is 75%, which is 45 marks out of 60. That is higher than most Level 3 multiple-choice exams, so practising against a 70% threshold will leave you short.

03 / 04

60 questions in 90 minutes

The real paper gives you about 90 seconds a question. Short, frequent practice sessions are the most practical way to build that pace before exam day.

04 / 04

Spaced repetition

Questions you get wrong come back sooner, so your revision concentrates on the topics you have not yet mastered instead of the ones you already know.

How it works

From landing here to passing the paper.

You're answering real questions before you finish reading this page. No content gating and no pre-assessment funnel.

01

Start with the free unit

Unit 1.1, The Trust and Its Creation, is free to practise. Create an account so your progress is tracked, with no payment details needed.

02

Work through the syllabus

Five modules cover trust law, pensions law and regulation, investment, funding and benefits, and scheme documentation and governance. The grouping is ours, and the assessment criteria underneath it come from the published PMI specification.

03

Track what you have mastered

Your dashboard shows mastery by module, unit and topic, so you can see which parts of the syllabus still need work before you book a sitting.

The evidence

Active recall is the literature.

Decades of cognitive-science research find that retrieval practice (answering questions you might get wrong) produces more durable learning than re-reading or highlighting. We built a question bank disciplined enough to use it.

Read the research summary

Recall accuracy after 7 days

Roediger & Karpicke, 2006 (n=120, simplified)
Higher is better. Tested condition reflects retrieval practice, the mechanism behind this product.
Syllabus coverage

Every module. Every unit.

Mapped to the published syllabus, weighted to match recent examiner reports, reviewed each session.

Mapped to the published PMI Award in Pension Trusteeship syllabus across 22 units and 91 topics
FAQ

The questions serious applicants actually ask.

What is the PMI Award in Pension Trusteeship?
The APT is an Ofqual-regulated RQF Level 3 qualification from the Pensions Management Institute, worth 10 credits. It is assessed by a single multiple-choice exam covering trust law, pensions regulation, investment, funding and scheme governance. The same exam is Unit 1 of PMI’s Certificate in Pension Trusteeship.
How is the APT exam structured?
One exam of 60 multiple-choice questions in 90 minutes, with one mark per question. It is synoptic, so a single question can draw on more than one learning outcome. Your result is reported as a pass or a fail alongside your raw score and percentage.
What is the APT pass mark?
75%, which is 45 marks out of 60. That is higher than most Level 3 multiple-choice exams, so practising against a 70% threshold will leave you short.
How is the APT exam sat?
Online from home or your workplace, remotely proctored through TestReach, with a live proctor monitoring both you and your screen. PMI runs three public sittings a year, and the remaining public sitting in 2026 is 17 November. Employers can arrange private sittings for groups of at least ten candidates. Check the PMI website for current dates and entry deadlines.
How much does the APT cost?
PMI charges £617 for candidates who are not current student members. Current PMI student members pay £330, student membership costs £287 a year, and a physical certificate is an optional £85. Those were the published fees as at August 2026, so confirm the current figures with PMI before you book. Trustee Prep costs £9.99 a month and is separate from anything you pay PMI.
Do I need the APT to become an accredited professional trustee?
Both the APPT and PMI accreditation routes require a pass in CPT Unit 1, which is the APT. They also require completion of The Pensions Regulator’s Trustee Toolkit, a pass in CPT Unit 2, fit and proper checks, and ongoing CPD of 25 hours a year with at least 15 hours structured. Accreditation standards change, so confirm the current requirements with the body you are applying to.
Is the Trustee Toolkit enough on its own?
The Trustee Toolkit is free, official and required for accreditation, and it teaches the underlying material well. It is not built around the APT assessment criteria, and it does not put you in front of exam-style multiple-choice questions across the whole syllabus. Many candidates use the Toolkit to learn and a question bank to rehearse.
Do I need any qualifications or experience to sit the APT?
No. There are no entry requirements beyond holding PMI Student Membership, which is added to your exam entry if you do not already have it. PMI estimates 100 hours of total qualification time, most of which is self-study.
Does practice on Trustee Prep count towards my CPD?
We are not a CPD provider and we do not issue CPD certificates. Accredited professional trustees need 25 hours of CPD a year with at least 15 hours structured, and whether a given activity counts is a matter for your accrediting body. Use Trustee Prep to keep your technical knowledge current, and record CPD through the route your accreditation requires.
Is Trustee Prep affiliated with PMI?
No. Trustee Prep is an independent practice platform and is not affiliated with or endorsed by the Pensions Management Institute, the Association of Professional Pension Trustees or The Pensions Regulator. Book your exam directly with PMI.
Ready

Start with today's question.

You've read enough about it. The fastest way to find out if this works for you is to answer one.