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.
Abigail K | 04 December 2019
Great course, lots of content and I felt like I really gained a thorough understanding of the syllabus. Took my exam last week and passed! Thank you Simply Academy for all your help!
Tara O | 02 December 2019
I’m not a fan of self study so this course was great for me. Paul was very engaging and informative. I felt a lot more confident and knowledgeable once the course was finished. I Couldn’t recommend Paul enough!
Scott B | 29 November 2019
Good pace to the course and Glenn took time to ensure that everyone on the course understood things before we moved on
Jim T | 29 November 2019
Great course. Passed yesterday, thanks!
Adil M | 29 November 2019
Enjoyed the course. I feel very confident to sit my exam next week!
Esme P | 29 November 2019
I passed first time, thank you Graham and Simply Academy for the amazing course. Anyone looking to go on this course, the real life scenarios really help you absorb the information. I will definitely be recommending to my colleagues.
D W | 29 November 2019
Great course and feel confident for my exams.
Karl L | 29 November 2019
I attended the CeRER course after completing CeMAP 1,2 & 3 with SA over the summer and was very happy. I felt the CeRER offered poor value at almost £300 including VAT for a days training from 9am - 4pm. The content which was read from a book and given a test paper with a few hand outs, for the money and group ...
Mike M | 26 November 2019
I’m sure the trainer knows his stuff, but myself and others just found that reading out of a book the whole time isn’t really what i’d call good training. Might be a bit of a dry subject, but a bit of energy from the trainer would have been good and techniques to make it a bit more ...
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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