Advisers flock to take RDR-ready qualification

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Hundreds of advisers have shown interest in a diploma level qualification within days of its launch as they 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). It meets the QCA level 4 standard, which is highly likely to be required following the RDR. The school says the qualification, which has been the subject of a pilot and will be made available to all advisers by the end of the year, has an emphasis on giving practical financial advice, client relations and adding to an individual’s current experience, rather than focusing on technical aspects. Mark Roberts, head of financial regulation at the ...

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