RDR-friendly qualification to cost £500

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The ifs School of Finance today says its new RDR-friendly qualification, the Diploma for Financial Advisers (DipFA) will cost £500.

The School says the cost of DipFA, unavailable until later in the year, represents “real value for money” as most advisers could achieve the qualification within a year. DipFA will be only the third available qualification at the Level 4 standard - which has been earmarked in the RDR as the level all UK advisers will need to reach – with the Institute of Financial Planning’s CFP and the Chartered Insurance Institute’s Diploma in Financial Planning the alternatives. But the School says the qualification, unlike its Level 4 counterparts, does not concentrate solely on technical knowledge ...

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