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Level 6 Diploma in Financial Advice (Adv DipFA®)

Develop an enhanced level of skills and demonstrate the highest of professional standards with this advanced qualification which leads to Chartered status.

About the qualification

The Adv DipFA builds on existing Level 4 qualifications and equips you with the expertise needed to provide complex financial advice and planning services to customers. Developed in consultation with working professionals in the financial advice sector and feedback from employers, the Level 6 Diploma enables you to differentiate yourself and develop skills to provide advice for a range of areas.

The programme is delivered entirely online and although a large amount of independent study is required, you are supported with weekly study guides and dedicated tutors to assist with any queries during your course of study.

The Level 6 Diploma in Financial Advice is a Level 6 qualification registered with Ofqual in the Regulated Qualification Framework (RQF).

Key information:

  • Structured weekly study with two study sessions available per year – see ‘Studying’ section
  • Comprehensive study materials are provided
  • Combination of coursework and paper-based exam assessment
  • Upon completion, you are able to use the ‘Adv DipFA’ designation after your name

Important Qualification Related Information

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CPQ Blue Testimonial
The Adv DipFA course structure helps you stay on top of your time management and the online material is current, easy to find and plentiful in volume. The course tutors are extremely helpful and knowledgeable and the forum within the course is useful. As an adviser who is relatively new to the industry, and who previously had minimal experience in the managing investments side of advising, I have found the course has given me more confidence in my day-to-day work. Mark Fryer - Director, Fryer Glass & Co

Units

Adv DipFA comprises four units which can be studied in any order.

Unit - Taxation, Trusts and Tax Compliance (TTTC)

(M/505/9676)

The UK taxation and trusts legislation and regulations and how to examine existing rules and a range of data and information to develop taxation and trusts strategy for clients, within an ethical framework.

Unit - Managing Investments (MANI)

(K/505/9675)

The essential principles and theories associated with performance measurement of investments and the management of investment portfolios to achieve client objectives.

Unit - Pension Transfers (PETR)

(T/505/9677)

Interrogation of rules, legislation and regulations in order to provide appropriate recommendations on strategies to meet a clients' pension transfer needs. You have the opportunity to study this unit as a standalone qualification with the Award in Pension Transfers.

Unit - Later Life Planning and Advice (LLPA)

(A/505/9678)

Strategies and considerations for developing later life strategies for clients and how to advise clients or other stakeholders on the implications of financial decisions taken in later life.

Specialist option unit

The specialist option unit must be from a specialist area of financial advice, eg mortgages. Qualifications in generic financial advice, for example, DipFA cannot be included. Credit will only be given for one specialist option unit, and this must be sufficiently different to the other units.
(Minimum 100 learning hours at Level 4 or above)

Studying

Adv DipFA is delivered through structured weekly study guides.

Study Timetables: Please note that fees are payable if you wish to defer your studies after registration.

150 study hours per unit are recommended. The complete course is achievable within 18 - 24 months.
Your registration fee includes the following study support:
  • Online access to study texts immediately after registration
  • Student handbook covering key qualification features, study technique and content applicable for achieving the learning outcomes of the units
  • Online tutor support
  • Webinars
  • Online student forum and group activities
  • Exemplar coursework and exam papers

Assessment

Each unit is assessed through a coursework assignment and written paper-based exam:

  • The coursework element consists of one question worth 25 marks. Feedback will be given by the unit tutor.
  • The written exams consists of short and long answer questions, totalling 75 available marks.

The pass mark is 40% with a maximum of 25% attributed from the coursework assignment and a maximum of 75% from the exam.

View information on examination booking and venues

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Looking for further information

Contact

For registration and other enquiries please contact Student and Customer Services on +44 (0)12 2781 8609.

FAQ’s