Over 1,000 advisers are expected to sign up for a diploma level qualification, showing they are keen to prepare for tougher rules on professionalism.
The Diploma for Financial Advisers (DipFA) was launched by ifs School of Finance to meet the likely demands of the Retail Distribution Review (RDR). Mark Roberts, head of financial regulation at the ifs School of Finance, believes the impressive registration rate is due to the DipFA costing £500 and the fact there is no requirement for those taking the exam to be a member of ifs School of Finance. He says another reason for take-up is the DipFA is realistically achievable within 12 months. “This was using the traditional measure of an academic year, in fact for dedicated advisers it woul...
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