IFP diploma set at Level 6 by Ofqual

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The Institute of Financial Planning (IFP) has had its Diploma in Financial Planning accredited at Level 6 by qualifications regulator Ofqual.

It means that, from 1 April, candidates attaining Certified Financial Planner (CFP) status with the IFP will also gain the official Diploma qualification. The IFP recently announced changes to the process of attaining CFP status: candidates must now pass both the Principles of Financial Planning examination and complete a financial plan based on a case study. Nick Cann (pictured), chief executive of the IFP, said: "The number of advisers seeking to attempt CFP certification is on the increase simply because it is the most relevant professional qualification for financial planners. ...

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