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.
Achieving success as a financial adviser means having more than just the right qualification. Our AdviserSkills programme is deigned to give learners all the day to day skills they need to work as advisers on top of ‘knowing their stuff’ from a technical point of view.
The Certificate in Mortgage Advice & Practice (CeMAP) is an industry leading qualification, perfect if you aim to give mortgage advice alongside retail investments.
Tip: Enrol onto AdviserSkills at the same time as DipFA to receive a preferential rate.
We use Coursecheck to collect feedback from everyone we train, so you can see for yourself what our customers say about us.
Oliver P | 22 July 2020
Very well taught
Summer H | 21 July 2020
I thoroughly enjoyed the training course and feel a lot more prepared for my exam now as opposed to before.
Amrish S | 21 July 2020
Passed - Peter was great and would fully recommend
James C | 20 July 2020
Jim was superb, from start to finish. Everything from explaining the content to bringing to life real life examples, he knew when to drill particular sections home and when to highlight specific areas of knowledge gaps. Nothing was to much to ask, and I feel our full class felt at ease and comfort throughout the course.
Rosheen S | 14 July 2020
Peter is a very good lecturer. He takes pride in his teaching and wants nothing but the best for all his students.
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.
Book A Course
Course Bundle Deals – Save £££
Book FSRE + AFA at the same time to receive £100 off (Use promo code DIPFA100)
Book FSRE + AFA + AdviserSkills at the same time to receive £150 off (Use promo code DIPFA150)
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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