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Level 6 Diploma in Financial Advice
(Adv DipFA)

Professional qualifications

Level 6 Diploma in Financial Advice (Adv DipFA)

Do you want to go further in your career? The Adv DipFA will broaden your skillset and help you achieve chartered status.

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About the qualification

Not all financial advisers are the same. Some provide more sophisticated advice for clients who have more complex financial circumstances. With Adv DipFA, you can be one of them.

Not only will you learn how to plan and advise in complex cases, you'll gain skills that help you contribute to your company's business strategy. And if you have three years' relevant work experience, Adv DipFA could lead you to chartered status.

While you study online, we will support you with weekly study guides. Our team of dedicated tutors will also be on hand to answer your queries.

And if you have qualifications from us or another awarding organisation, we may be able to count them as credits towards Adv DipFA. See our Recognition of Prior Learning Policy.

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

  • How to examine the rules, data and information to develop a taxation and trusts strategy for clients
  • How to build and develop a client’s investment portfolio by selecting different products and investment strategies
  • How to simplify and understand the technical language, tools, methods and good practice
  • How to analyse, prepare and interpret financial data
  • How to apply theories, evidence and concepts in wealth management
How much does it cost?              £460 for each compulsory unit.
The price includes study materials and exam entry.

View the fee section for a full breakdown with the specialist unit options.
Average time to complete
18 months to 2 years
Number of units Four
How will I be assessed? Exams and assessments. 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
  • online access to our student portal MyLIBF
  • online student forum and group activities
  • exam papers
  • coursework exemplars
  • online study materials
  • online tutor support
  • webinars
You will be learning on our new VLE Brightspace, click on the logo to find out more.
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.


Adv DipFA comprises of five units but you only need to complete four, which you can study in any order.

The two compulsory units are TTTC and MANI. You can then pick from at least one of the Level 6 optional units and either one of the Level 4 optional units or a specialist unit.

Unit – Taxation, Trusts and Tax Compliance (TTTC)

  • Developing a taxation and trusts strategy within an ethical framework
  • Advising UK clients on taxation and the administration of trusts

This unit is compulsory.

Unit – Managing Investments (MANI)

  • The principles and theories associated with measuring investment performance
  • Managing investment portfolios to achieve client objectives

This unit is compulsory.

Level 4 specialist unit options

Or you can pick one Level 6 optional units and one of the following:

The specialist unit must have a minimum of 10 credits and be at Level 4 or above.


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


 Details Date 
 Registration deadline 24 January 2022
 Course start date 14 February 2022
 Coursework deadline 26 April 2022
 Exam date 09 June 2022


 Details Date 
 Registration deadline 24 January 2022
 Course start date 14 February 2022
 Coursework deadline 26 April 2022
 Exam date 16 June 2022


 Details Date 
 Registration deadline 25 July 2022
 Course start date 15 August 2022
 Coursework deadline 25 October 2022
 Exam date 08 December 2022


 Details Date 
 Registration deadline 25 July 2022
 Course start date 15 August 2022
 Coursework deadline 25 October 2022
 Exam date 15 December 2022


We assess each unit of Adv DipFA differently.

  • TTTC and MANI – coursework and three-hour exam

These exams will be pre-booked for you depending on which study session you join. Please refer to the timetable section (above) for dates of the exams.

You will also be assessed when you take the optional units. The popular choices are:

  • Certificate in Long-term Care and Later Life Planning (CertLTCP), which is tested by an electronic exam. 
  • CeMAP Diploma has two elements – an exam with 50 multiple-choice questions and coursework.
  • Pension Transfers (PETR) has a three-hour exam
  • Financial Planning in Retirement (FPIR) has three different types of assessments – forum contribution, video presentation and timed assessment.

Depending on the unit and availability, exams take place at test centres nationwide or at home through remote invigilation.

Exam booking information         

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

Accredited Learning Support Providers (ALSP)

We understand that everyone has different learning styles. Some students prefer a qualification route with extra learning support. 

We have recognised a select number of Advanced DipFA training providers offering to help support your learning and understanding of the concepts and materials.

Find out more

Please note that using a learning support provider is entirely up to you: it is NOT a requirement of your studies.


Request further information

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