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Ofqual gives ifs DipFA level four status

Qualifications regulator Ofqual has approved accreditation of the ifs School of Finance’s level four diploma for financial advisers.

The ifs dean of further education Anne Kiem says: “The DipFA was only submitted for approval after a lengthy consultation period and rigorous pilot testing.

“The Diploma sets out to contribute to the demands for raised standards when it comes to delivering professional financial advice. We fully accept that the FSSC still has to do its work in terms of setting out the criteria for this level of professional activity that will arise as a result of the FSA’s Retail Distribution Review.

“However, the FSA accepts that where there are gaps between what the FSSC comes up with and the content of a qualification, advisers will be allowed to make up the difference through a programme of structured CPD. We shall work closely with the FSSC to ensure that our qualifications meet with their prescription and standards.”

ifs director Tony Tudor says the focus of the DipFA is on practice and communication.

He says: “ifs School of Finance, which has substantial experience in designing and delivering qualifications both at further and higher education levels, designed the DipFA specifically to achieve a consistent and coherent approach. Everybody acquiring the DipFA will have covered the same essential elements to the same depth and breadth. This is preferable to a pick-and-mix approach which could lead to disparity between routes to the qualification.”


State of shock

By the time you read this, I will have returned to our shores. My experience of life down under has been clouded to a considerable extent by the tragedy that unfolded in the state of Victoria as we concluded our journey in New Zealand.

SimplyBiz refund deal on CII exam

SimplyBiz and Compliance First will refund the Chartered Insurance Institute exam fee for every passing grade that its members achieve towards a diploma qualification in 2009. SimplyBiz says it is expecting over 5,000 exams to be taken this year by members.


Guide: 10 required letters — what to send, to whom and when?

This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. The topics in this guide include: the letters you need to send out; what to send and when; the importance of employee engagement; and what to consider as additional communication.


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