CeFA

Certificate for Financial Advisers (CeFA)

CeFA is required by any individual who wishes to advise customers on investment, retirement planning and protection options. CeFA consists of four modules that enable you to develop an extensive knowledge and understanding of UK financial regulation, investments and the risks that go with them, retirement planning and protection. The final module will test your ability to synthesise knowledge of these subject areas as effective and consumer-focused financial advice.

Course Contents

The qualification comprises four modules:

1. UK Financial Regulation
2. Investments and Risks
3. Retirement Planning and Protection
4. Assessment of Investment Advice Knowledge

Examinations

Module 1 is assessed by a two-hour, 100 question, multiple choice examination. Both units in Module 2 and Module 3 contain 40 MCQ's and two case-studies of five questions each. The fourth module is a two-hour multiple-choice examination, it comprises six case-studies each containing ten questions. These are delivered electronically with results given immediately.

Pass 70%
Merit 80%
Distinction 90%

Students must achieve a minimum of 70% in each unit. If students don't gain 70% in any unit/s within a module they will have to re-sit.

Value Added Tools

A comprehensive learning manual is provided with your initial registration with the ifs School of Finance.
Additional study materials designed to complement the learning manual can be purchased in the form of:
·Specimen examination papers
·Revision notes
·CD Competence Development Tool (CDT)

Formalities and Recognition

Offered by: Institute of Financial Services (ifs School of Finance).

Awarded by: Chartered Institute of Bankers (CIB).

Accredited By: Qualifications and Curriculum Authority (QCA).

NVQ Level: National Qualifications Framework Level 3.

Recognition: Recognised by the Financial Services Authority (FSA) as an appropriate qualification.
Further Information: It meets the requirements identified by the Financial Services Skills Council (FSSC).


The Training

Your success lies in you dedicating time to prepare for the course, by self studying prior to the course start date. The courses are held by our in house tutors who each have a minimum of 25 years experience in the Financial Services industry. The course will include formal lecture training, workshops, case studies and practice examinations.

Key benefits

Free retake option (Terms and Conditions apply) Access to your tutor for post course questions and help Structured revision sessions to help you prepare for your exam Additional revision materials to help you