In addition to confirming the costs of obtaining DipFA, the ifs School of Finance highlighted the fact that most advisers should realistically be able to achieve this new qualification within a year of commencing their studies.
The qualification is designed to meet the needs of those who already hold the Certificate for Financial Advisers (CeFA®) or an equivalent qualification and will be benchmarked to QCA level 4, meeting one of the likely recommendations of the Retail Distribution Review (RDR).
Mark Roberts, Head of Financial Regulation at the ifs School of Finance said, “We have very carefully considered the costs of providing what will be a unique and important addition to the qualifications landscape. As always, we are keen to keep costs to a minimum and believe £500 represents real value for money - especially when you consider this will include access to a dedicated online forum, a range of online materials, a study guide, online Competence Maintenance Tool and the exam fee.”
Although the qualification will not be available until later this year, advisers can register their interest in taking DipFA by visiting www.ifslearning.ac.uk/dipfa
