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Diploma in Paraplanning (DipPP)

Professional qualifications

Diploma in Paraplanning (DipPP)

Whether you're new to the role – or want to consolidate the knowledge you've gained working as a paraplanner – DipPP will help you advance your career.

Colleagues working on computer screen

About the qualification

The role of a paraplanner is rapidly changing, becoming increasingly technical and demanding.

DipPP will give you the knowledge and skills you need to meet new challenges in paraplanning and demonstrate your professional expertise.

Your studies will cover the purpose and nature of different financial products, as well as the ethical issues, regulation and the legal framework underpinning the industry.

You’ll discover more about how consumers are affected by socio-economic factors and taxation. This will enable you to provide detailed research proposals for a financial adviser to present to their client.

DipPP will give you a solid foundation to advance your career in financial services and expand your career opportunities.

While studying with us, you’ll become a Member of The London Institute of Banking & Finance (MLIBF), receiving benefits including careers support and access to professional networking events.

Your studies will cover

  • The UK financial services industry in its European and global context
  • The Financial Conduct Authority's (FCA) responsibilities and approach to regulation
  • The different types of risk and how they relate to institutions and individuals
  • Ethical, legal and vulnerability considerations
  • The impact of taxation on investments and other recommended solutions
  • The skills you need to produce a suitability report
How much does it cost?              Full qualification (PARA and FSRE)
£990 with tutor support
£890 without tutor support

PARA only
£720 with tutor support
£620 without tutor support

The price includes study materials and exam entry
Average time to complete
Nine months
Number of units     Two
How will I be assessed? Exams and coursework. View the assessment section for further details.

You can take your exam at a test centre or at home with remote invigilation
What study materials do I get?

As part of your fee, you’ll get: 

  • access to our virtual library KnowledgeBank
  • new digital learning resources such as videos, animated case studies mathematical exercises and knowledge quizzes
  • online access to our student portal MyLIBF
  • printed textbook
  • specimen papers
  • coursework exemplars
  • chief Examiner reports
  • tax table
  • weekly study planner
You will be learning on our new VLE Brightspace, click on the logo to find out more.
Additional study materials  You can purchase additional study support materials when you register or at any time, including:
  • optional access to experienced web tutors to provide guidance and support.
  • FSRE Revision videos. 
How will I study? Everything is online, you’ll follow a structured timetable
  • Registered with Ofqual in the Regulated Qualifications Framework (RQF)
  • Meets the Financial Conduct Authority's (FCA) examination standards

Get up-to-date information relating to Coronavirus.


If you have already completed DipFA or an equivalent Level 4 Financial Advice qualification, you can study the PARA unit on its own and achieve the DipPP designation.

Unit 1 – Financial Services Regulation and Ethics (FSRE)

You'll develop your understanding of the financial services industry. You’ll also build your knowledge of regulation, the FCA, legislation, ethics, professional standards, and risk.

Unit 2 – Paraplanning (PARA)

Find out how the broader financial market relates to your role as a paraplanner and what influences the recommendations for clients. Develop your research, analysis and writing skills so that you can create high-quality suitability reports.


Unit 1 – FSRE – recommended study time three months
This unit starts as soon as you register. Once you register, you’ll have 12 months to sit the exam. It’s recommended to sit this exam before you start the next unit.

Unit 2 – PARA – recommended study time six months
PARA has two coursework components. You can register for one of four sessions throughout the year. The sessions cover both parts of the coursework and are detailed in the tables below.

You can register for one of the following study sessions throughout the year:


Details Date 
Registration deadline 04 February 2022
Course start date 14 February 2022
Coursework deadline 23 May 2022


Details Date 
Registration deadline 04 February 2022
Course start date 14 February 2022
Coursework deadline 15 August 2022


Details Date 
Registration deadline 09 May 2022 
Course start date 16 May 2022
Coursework deadline 22 August 2022 


Details Date 
Registration deadline 09 May 2022 
Course start date 16 May 2022
Coursework deadline 14 November 2022


Details Date 
Registration deadline 08 August 2022 
Course start date 15 August 2022
Coursework deadline 21 November 2022


Details Date 
Registration deadline 08 August 2022
Course start date 15 August 2022 
Coursework deadline 13 February 2023


Details Date 
Registration deadline 07 November 2022 
Course start date 14 November 2022
Coursework deadline 20 February 2023


Details Date 
Registration deadline 07 November 2022
Course start date 14 November 2022
Coursework deadline 15 May 2023



You’ll be assessed in each unit by:

  • Unit 1 – a 90 multiple-choice question exam and two case studies with five multiple-choice questions each
  • Unit 2 – two pieces of coursework

You can choose when to take your exam and pick from test centres nationwide  or through remote invigilation

Exam and assessment information

When you have successfully completed the qualification, we will post your certificate to you.

Additional study support


Tutor Support

For Unit 1, all students will have access to a tutor-supported online forum
For Unit 2, if you select the 'with tutor support' option for Unit 2 when registering for DipPP, you will again have access to our team of experienced web tutors through an online tutor forum.

Our tutors are all experts who have worked as financial advisers. This means that as well as explaining the theory, they can show you how it translates into practice by drawing on their experience.
You’ll be able to post questions to the forum about the learning or the coursework and your tutor will get back to you with a reliable and personalised response.  

How much does it cost?

Students will need to register for DipPP using our online registration form and select the option ‘with tutor support’. This cost is £100 bringing the total cost to £990.

FSRE Revision Videos

If you are studying Financial Services, Regulation and Ethics (FSRE), support your learning with our FSRE revision videos.  

The videos focus on the areas of the syllabus that students find more difficult. An experienced tutor breaks down the learning into smaller topics to help you digest the content more easily and providing examples to support your learning. The videos also include example questions throughout that help reinforce your learning to help you prepare and give you a taste of the exam question style.  

The videos can be watched on any device, from anywhere in the world – as long as you have internet access – giving you the flexibility to study when and where it suits you.  

The videos cost just £149 for the full series and access lasts for 12 months. There is just under 4 hours of video content in total. Once purchased, they will be available for you to access on through your www.mylibf.com account.  

To purchase the FSRE videos, simply log into your www.mylibf.com account and click on “Purchase Additional Study Support” button. 


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