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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.

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

Benefits for you

  • Qualify in nine months
  • Two learning styles for you to pick the best option for you
  • Online study that fits around your life
  • Access to research tools and industry analysis through  through KnowledgeBank and Financial World
  • Student membership for one year with additional benefits
  • Access to career support and guidance
  • Invitation to events and webinars from industry leaders
Registration fee £990 with tutor support
£890 without tutor support
When to apply? There are four registration periods during the year.
View our timetable section for upcoming registration deadlines.
Number of units             Two
Average time to complete Nine months
Study type  Online, self-study, distance learning
Study material
  • 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
Assessment type Multiple-choice exam and two pieces of coursework
Assessment provider Pearson VUE test centres nationwide
Registered with Ofqual in the Regulated Qualifications Framework (RQF).

Get up-to-date information relating to Coronavirus.


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 your 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 30 November 2020 
Course start date 17 December 2020
Coursework deadline 29 March 2021


Details Date
Registration deadline
30 November 2020
Course start date
17 December 2020
Coursework deadline
21 June 2021


Details Date
Registration deadline
29 January 2021
Course start date
15 February 2021
Coursework deadline
24 May 2021


Details Date
Registration deadline
29 January 2021
Course start date
15 February 2021
Coursework deadline
16 August 2021


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 take the exam when and where it suits you at one of the 150 Pearson VUE test centres nationwide.

How to book your exam

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


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Frequently Asked Questions

Your registration fee includes the qualification study materials, and the first sitting of your exam and/or coursework. You will also gain access to MyLIBF (our student portal). Some qualifications include a hard copy of the study text, access to student forums, tutor forum support and specimen papers.

If you need to resit your exam or coursework, you will need to register and pay for a resit.

In line with our charitable objectives, we make means-tested bursaries available to students studying our qualifications.

Bursary information

If you would like to apply for a bursary, please email our Student and Customer Services team or call them on +44 (0)12 2781 8609. Please ensure that you have details of the qualification you intend to study when contacting us. 

Recognition of Prior Learning (RPL):
Recognition of Prior Learning (RPL) encompasses a student’s previous non-certificated and certificated achievements obtained through another awarding organisation. This has previously been known as an exemption.

Please read our Recognition of Prior Learning Policy as it explains the steps to take when applying. Your application will need to include certified copies of your qualification certificate or transcript.

We aim to provide an outcome within 10 working days. If we need longer, we will let you know.

Special consideration:
The Special Consideration Policy applies to students who believe they have been disadvantaged during, or before, an assessment because of an injury, illness or other unforeseen temporary circumstance beyond their control that may have adversely affected their performance in one or more assessments.

Please read our Special Consideration Policy as it explains the steps to take when applying. Your application will need to include supporting documentation.

Given the individual nature of special consideration claims, we would recommend that you contact our Student Support team on +44 (0)1227 818609 or support@libf.ac.uk for an informal discussion before you submit your application.

For your claim to be considered, you must have initially notified us of your circumstances on or before the submission deadline for coursework or within five days of the exam date. Any applications made outside of this timescale must include an explanation as to why the delay has occurred.

We aim to provide an outcome within 5 – 10 working days. It may take longer if your application is referred to the Concessionary Board.

Reasonable adjustment:
We are committed to providing an inclusive educational experience for all students, regardless of any disabilities or learning difficulties they may have and realise that, without reasonable adjustment, students may be prevented from demonstrating their true level of ability during an assessment.

Given the individual nature of reasonable adjustments, we recommend that you contact our Student Support team on +44 (0)12 2781 8609 or support@libf.ac.uk for an informal discussion before you submit your request. This will allow us to fully understand the nature of your circumstances and advise you on the type of supporting evidence required.

The Reasonable Adjustments Policy explains the steps to take when applying and has an application form included. Your application must be received, with supporting documentation, at least six weeks prior to the date when the adjustment will need to be in place.

You have 14 calendar days from your course start date to cancel your registration and arrange a refund by calling our Student and Customer Services team. You will need to return any hard copy study texts in its original condition.

After this period all fees are non-refundable and non-transferable.

If you have booked your exam with Pearson VUE (and are within the cancellation period), you will need to contact them directly at least 24 hours prior to the exam date to cancel it. Then allow at least two hours before calling our Student and Customer Services team to cancel the qualification registration and arrange a refund.

Contact Pearson VUE on +44 (0) 370 608 1915 (Europe, Middle East, Africa region).

Electronic Pearson VUE exam:
Before your registration expiry date you can cancel your exam or change your exam date, time or venue (subject to availability). You will need to contact Pearson VUE directly, giving a minimum of 24 hours’ notice online or at least one working days’ notice by phone prior to your current exam booking. For example, if your exam is booked for a Monday, the latest you can reschedule is the previous Friday.

Pearson VUE can be reached via the details given on your Important Registration Information link on MyLIBF or our ‘Exam booking and information’ page.

Session based exams (set exam date as per study timetable) including Advanced Financial Advice (AFA):
Please telephone Student & Customer Services directly to discuss your options. You may be able to change your venue, but will need to call us at least eight weeks before your exam date to check.

For all exams, if you are unable to provide the required notice due to significant mitigating circumstances, such as sudden illness, please contact Students and Customer Services straight away as you may be eligible for Special Consideration. Supporting documentary evidence is required for a Special Consideration application.

Making a result enquiry:
If you believe there has been an error in the marking of your assessment, you can apply for a result enquiry.

The Assessment Result Enquiry Policy explains the steps to take when applying and has an application form included. Your application must be received within 10 working days after we have communicated your assessment results.

This policy does not apply to students who believe their performance during an assessment may have been affected by external factors, for example noise, illness or unforeseen circumstances. These cases are dealt with under our Special Consideration Policy.

Appealing a decision:
You have the right to appeal to us to review decisions that have been made in the course of the assessment of your programme of learning. An appeal may only be submitted in relation to a final decision.

Please read our Appeals Policy as it explains the steps to take when applying, in particular section B 'making an appeal'. Your application must be received within 15 working days after we have communicated the outcome of a decision.

Making a complaint:
A complaint should be made if you are dissatisfied by one of our products or services as soon as possible, but no later than 10 working days from the date of the occurrence.

We deal with all complaints as promptly as possible and within clearly defined timescales. The stages for handling a complaint are listed in our CPQ Complaints Policy.

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