The DipFA is a leading qualification in the financial world. It is FCA approved and prepares you with the skills to offer advice on retail investment. You are not only tutored in relevant theory, but the practical use of new knowledge.
Designed specifically for those entering the industry you could complete the whole programme within just nine months of part time study. The course is easy to follow, practical and leaves you confident in your role as a financial adviser.
- The Diploma for Financial Advisers (DipFA) is an RQF level 4 qualification accredited by Ofqual and awarded by the London Institute of Banking & Finance.
- This financial adviser course is split between 2 units.
- Register for unit 1 throughout the year and choose from a selection of start dates for unit 2.
- Knowledge of unit 1 is assessed by a multiple-choice exam, unit 2 is assessed through a combination of coursework and written exam.
- Successful completion allows you to add the designation ‘DipFA’ after your name and apply for your Statement of Professional Standing (SPS).
The DipFA is a level 4 qualification registered with Ofqual in the Regulated Qualifications Framework and consists of two units.
|Unit 1 – Financial Services Regulation Ethics (FSRE)||
The environment of the financial services industry.
Key components and interrelationships of the financial system.
Principles of the regulatory framework and the implications for the financial advice process.
The importance of the concept of risks relate to institutions and individuals’ legal concepts and interplay between regulation and legislation.
The FCA’s approach to ethical and unethical behaviours and the Code of Ethics.
|2-hour objective exam comprising 90 multiple-choice questions and 2 case studies with 5 linked multiple-choice questions.|
|Unit 2 – Advanced Financial Advice (AFA)||
Products services and legislation that inform the financial planning and advice process.
Principles theories and interrelationships of investment retirement planning and protection.
The importance of consumer-oriented communication and ethical behaviours.
Assessed through a combination of coursework and written exam:
Coursework comprises of a written assignment and short answer questions.
3-hour typed exam based on pre-released fact find available 6 weeks prior to exam.
At Simply Academy we offer a range of courses and routes for career progression.
The Certificate in Mortgage Advice & Practice (CeMAP) is an industry leading qualification, perfect if you aim to give mortgage advice alongside retail investments.
Another route for progression is the Certificate in Regulated Equity Release (CeRER), which equips you with the authority to advise on equity release products.
We use Coursecheck to collect feedback from everyone we train, so you can see for yourself what our customers say about us.
Arron L | 03 March 2020
Peter delivered the course content in a way that was understandable and efficient. Thought it was excellent.
Daniel B | 26 February 2020
Excellent course, great value for money and saved me months of home revision. Passed my CeMAP 2 first time with my CeMap 3 in a couple of days feeling confident
André P | 25 February 2020
Terry was clearly knowledgeable about the subject matter and quick to offer context to the study materials. At each stage Terry gave us comparisons and stories that helped us to engage with the course clearer. Time will tell if the stories take root i guess. But overall i found the course very helpful and am hoping it serves me well ...
Sophie M | 25 February 2020
The course was very insightful and informative and Terry added a significant amount of context to the learning material which made it relatable and a lot clearer to understand and retain. Terry is a great trainer and has a huge amount of knowledge in the subject area, making his teaching very engaging and exciting.
Carol W | 13 February 2020
There was no heating in the toilets
Zac P | 04 February 2020
Pete is amazing.
Charlotte N | 04 February 2020
Dear Simply, I couldn’t recommend Pete Slater enough. He has such understanding and is an absolute book of knowledge. I enjoyed his classes so much and for what is such a difficult/full on course, he teaches with ease. Great man. My only negative comment about the simply process, is that I didn’t think it is clear at ...
Polly-Anna S | 04 February 2020
Once again Pete smashed it! All thanks to him and his patience, tips and easy way of teaching, I am now CEMAP qualified. Big up Pete!!! X
Joe H | 29 January 2020
Alan was superb, his way of delivering the content is second to none and would be more than happy to attend any course that Alan was a part of.
Book A Course
Course Bundle Deal – Save £££
Book FSRE + AFA Fast Track at the same time to receive £100 off (Use promo code DIPFA100)
Important Notice: Exam Registrations Fees*
|Full qualification registration (FSRE + AFA)||£890 (VAT exempt)|
|Unit 1 Financial Services Regulation and Ethics (FSRE) only||£330 (VAT exempt)|
|Unit 2 Advanced Financial Advice (AFA) only||£620 (VAT exempt)|
*Only course fees are paid to Simply Academy. You will be instructed on how to register for and book an examination upon enrolment.
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