The RQF level 4 Diploma in Regulated Financial Planning meets the FCA’s qualification requirements for retail investment advisers, developing core technical knowledge and financial planning capabilities across six core areas.
- Those seeking to give retail investment advice, in particular those who do not hold additional CII credits counting towards completion of the Diploma in Financial Planning
- Paraplanners, technical consultants, and those in financial planning support roles
Recognition of prior learning
Before studying, check to see whether any of your previous academic qualifications or credits from other professional bodies and institutes can be carried towards completion of the Diploma.
Find out more about recognition of prior learning >
The Diploma involves completion of six core units from the Personal Finance qualifications framework, providing 100 credits on completion
See our key information link to the right of this page for details
Members are entitled to use the designation DipPFS, subject to membership and Continuing Professional Development (CPD) requirements.
Diploma units are assessed by multiple-choice question exam (MCQ) (R01, R02, R03, R04, and R05), and a written case study based exam (R06).
For online MCQ exams, result notification is immediate on completion. For paper-based MCQ exams, results are released five weeks’ following the exam sitting. Written exam results are normally released 6-8 weeks following the exam sitting.
Find out more about assessments, including policies and exam centres >
Each qualification unit comes with the essential tools to support core learning. For a single fee, study packages typically include: study text, assessment entry and access to RevisionMate, our online study tool.
We also offer additional study materials to support individual learning. These range from key fact booklets and next-edition study texts, to question packs and Learn interactive tutorials.
For full unit availability, click the unit links to the right of this page.
Regulated Retail Investment Advisor Re-evaluation
The FCA’s Retail Investments team collaborated with the CII to create a re-evaluation test of the knowledge required to practice as a retail investment adviser. The Regulated Retail Investment Advisor Re-evaluation is available to book by clicking the 'RAR' unit at the top right of this page.