The RQF Level 6 Advanced Diploma in Financial Planning builds on
existing skills and knowledge, enabling advisers to develop
specialist planning capabilities and offer a sophisticated and
comprehensive approach to financial management.
And with completion leading to Chartered Financial
Planner status, the Advanced Diploma gives holders clear
differentiation from the main body of advisers.
The Advanced Diploma requires completion of at least four of the
following six financial planning units:
- (AF1) Personal tax and trust planning
- (AF2) Business financial planning
- (AF3) Pension planning *
- (AF4) Investment planning
- (AF5) Financial planning process
- (AF6) Senior management and supervision (New
- coursework assessment, see 'how you are tested'
Unit syllabuses can be found using the link opposite.
PFS member designation
Continuing Professional Development requirements apply
Fellowship (see below)
* For those advisers wanting to undertake pensions transfers
activities, unit '(AF3) Pensions planning' is an FCA appropriate
exam for this class of business. Withdrawn CII unit '(G60)
Pensions' also satisfies this requirement.
Who it's for
The Advanced Diploma is appropriate for a wide range of people,
- Anyone who gives financial advice to clients, including
independent and restricted financial planners;
- Financial planning staff, for example paraplanners, compliance
officers and those in technical roles; and
- Accountants, lawyers, actuaries and other staff carrying out
financial planning activities.
None, but one of the following qualifications must be held in
order to complete:
- Diploma in Financial Planning; or
- Diploma in Regulated Financial Planning.
Completion requirements can be found on the right of this
Unit study materials for this qualification typically
- Case study workbook or study text
- RevisionMate online study support
- Audio revision
- Two day revision workshops.
How you are tested
Each unit is tested by a three hour exam held at over 50 centres
across the UK and almost 120 centres outside the UK. AF1-AF4 and
AF6 exams are case study based and the AF5 exam is based on a
completed client 'fact find'.
NEW - AF6 coursework assessment
Coursework assessment is now available for unit AF6 and
is particularly suited to this unit given the evaluative and
reflective approach in which senior management and supervision
issues are tackled in the workplace. The final written exam for
unit AF6 will be in October 2016. Use the links to the top right of
this page to access further information.
Chartered Financial Planner
In addition to the APFS designation, Advanced Diploma holders
are eligible for Chartered Financial Planner status, subject to
having five years' experience, not necessarily
Independent research confirms that the public places huge
importance on talking to a professional; it also confirms that
'Chartered' is the most respected indicator of
professionalism. The CII also offers corporate Chartered
status to qualifying financial advice firms, further enhancing
the visible professionalism of the advice sector.
Those wishing to continue their studies can also work towards
Fellowship of the Personal Finance Society. A total of 350 credits
are required to obtain the Fellowship, this must include obtaining
290 credits through completion of the Advanced Diploma in Financial
Planning. The remaining 60 credits can come from any of the units
offered within the CII financial services qualifications
Your next step
The links at the top right of this page contain all the
information you need to finalise your entry.
As you read through these, you will learn about the units on
offer, the available learning materials, terms and conditions
relating to entry, and the different ways you can enter.
Obtain your learning statement
For your personalised Advanced Diploma completion
requirements, based on the CII exams you already hold, request your
Advanced Diploma learning statement online now.
learning statement »