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Entry Level

Level 4 – Diploma for Financial Advisers (DipFA®)

Overview

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.

Key points

  • 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).

Qualification

The DipFA is a level 4 qualification registered with Ofqual in the Regulated Qualifications Framework and consists of two units.

Units Learning Outcomes Assessment
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.


Progression

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.

Mortgage Adviser

Mortgage Adviser

CeMAP®/AdviserSkills®

Mortgage Adviser/Equity Release Adviser

Equity Release Adviser

CeMAP®/CeRER®

Financial Adviser

Financial Adviser

DipFA®/AdviserSkills®


Study Options

Fast Track (Classroom)

The flexible Fast Track study option is a highly effective way to learn the DipFA course content and prepare for your exams.

You’ll benefit from expert tuition of knowledgeable tutors who are on hand to answer all your questions. We keep class sizes small and like to create a relaxed atmosphere. This helps our students to concentrate on their studies and reach their potential.

Situated in city centre locations these Fast Track courses are set in comfortable and relaxed surroundings, the perfect environment for your learning.

Find out more

Customer Reviews

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

TO VIEW UPCOMING AFA STUDY SESSIONS PLEASE CLICK HERE

£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.

Why Choose Us?

Specialists in Financial Education and Apprenticeships

Passion

Passion

We provide exceptional learning, empowering our students to reach their potential

Confidence

Confidence

Our carefully selected training consultants are amongst the most knowledgeable in their fields

Knowledge

Knowledge

We set the standards, over 15,000 people have studied with Simply

Trust

Trust

We are approved by professional institutions and work with the world’s top banks

Clear Methods, Clear Results

Trusted, awarded and accredited

Fully accredited to ensure we provide the highest possible standards in learning

Trusted partners

FAQs

What is the DipFA qualification?

The Diploma for Financial Advisers (DipFA) is an FCA approved qualification perfect for those wishing to start a career in financial advice. Throughout the course you will learn the skills and knowledge required to offer professional advice on retail investment. The course is thorough, interesting and a very popular route into the industry.

Once you successfully complete your DipFA exams you will have everything you need to begin your new career.

How and where do I sit my DipFA examinations?

The qualification is split into 2 units, knowledge of Unit 1 (FSRE) is assessed by a multiple-choice exam, Unit 2 AFA is assessed through a combination of coursework and written exam.

Our tutors will help you understand the course content and exam technique to enable you to pass.

Further details on how to register for and book your examinations are provided upon enrolment with Simply Academy.

What is included in my DipFA Course?

DipFA training is classroom based and you will be taught as part of a small group. Your course fees cover expert tuition by an experienced trainer and comprehensive learning materials. Our 5 day FSRE workshop covers the whole syllabus in an easy to understand manner including exam technique. By the end of your AFA Coursework workshop you will have a firm idea of the basic content you want to include and a basic structure for the assignment. The AFA Exam is based upon a pre-released fact find, you will be taught how to write an appropriate suitability letter and how to fill out appropriate recommendations in the correct format.

If required, further tutor support can be accessed outside the classroom via our helpdesk.

Where are DipFA training centres located?

Your DipFA training will be completed within a classroom at one of our modern, fully equipped training facilities. We offer DipFA courses in Birmingham, Manchester and London, and all of these centres are easy to find, with excellent transport links.

Why study DipFA with Simply Academy?

Simply Academy are “Trusted Partners” of the awarding body. This recognition is the highest awarded and not to be confused with the lesser “Recognised Learning Support Provider” status. Students undertaking DipFA with us are guaranteed training of the highest order from a company with a proven track record specifically within the financial services sector.

DipFA® Fast Track

With DipFA Fast Track, you are taught the full DipFA syllabus in a classroom setting, our experienced tutors, all experts in the field of financial services, not only instruct you on each of the units, but also on exam technique.

DipFA Fast Track is easy to follow, offers you the very best preparation for your tests and has excellent pass rates.

Book Now
9 DAYS SOLID TRAINING

9 DAYS SOLID TRAINING

FSRE = 5 Days
AFA1 Coursework = 2 Days
AFA2 Exam = 2 Days

SMALL CLASS SIZES

SMALL CLASS SIZES

We purposefully keep our class sizes small. This ensures that you are given sufficient attention in an informal teaching atmosphere, with plenty of time to ask questions.

EXPERIENCED TUTORS

EXPERIENCED TUTORS

Our carefully selected tutors are all fully qualified and are amongst the most knowledgeable in their field. They are not only excellent teachers but come with years of their own practical experience. DipFA students have the option to contact their tutor between course dates should they require any additional support.

FULL STUDY TRAINING MATERIALS

FULL STUDY TRAINING MATERIALS

You will be given full, high quality training materials to make learning as simple as possible. These materials also make excellent points of reference once you have finished the course and want to re-visit any technical or regulatory areas.

NATIONWIDE TRAINING CENTRES

NATIONWIDE TRAINING CENTRES

Birmingham – London – Manchester

All our venues are conveniently placed and easily accessible by both road and public transport. We know that to learn effectively, the environment must be right. Therefore, we provide exclusive and modern training rooms fitted with air conditioning and with plenty of natural light.

PASS ASSURANCE SCHEME

PASS ASSURANCE SCHEME

We are so confident that our courses offer everything you need to succeed, that we back your enrolment with our Pass Assurance Scheme. If you don’t pass your exam the first time around, you are welcome to attend the same course again completely free of charge*.

*Subject to terms and conditions

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