


Finance Advice
This area is a list of suitable qualifications which are currently available in the sector.
Advising on Packaged Products (which are not broker funds).
Packaged Products
- a life policy;
- a unit in a regulated collective investment scheme;
- an interest in an investment trust savings scheme;
- a stakeholder pension scheme;
- a personal pension scheme;
Whether or not (in the case of (a), (b) or (c)) held within an ISA or a CTF and whether or not the packaged product is also a stakeholder product.
Qualification |
Awarding Body |
Appropriate Exam |
Meeting NOS |
Certificate for Financial Advisers (CeFA) – Post 1/11/2004 |
Yes |
Yes |
|
Certificate in Financial Planning |
Yes |
Yes |
|
Certificate in Investment Planning (Post 17/09/2004) |
Yes |
Yes |
|
Level 4 Diploma in Financial Planning |
Yes |
No |
|
Level 6 Advanced Diploma in Financial Planning |
No |
No |
|
Level 4 Diploma for Financial Advisers | IFS School of Finance | Yes | No |
SCQF Level 9 (QCF Level 5) Diploma in Investment Planning | Chartered Institute of Bankers in Scotland | Yes | No |
Diploma in Professional Financial Advice | SQA | Yes | No |
Investment Advice Diploma | CISI | Yes | No |
Islamic Finance
The Islamic Finance qualification is aimed at new and existing investment professionals specialising in Sharia'a compliant finance trade, investment and insurance. Covering Islamic Finance from both a technical and Sharia'a perspective, the IFQ is a practical Islamic Banking qualification which also covers legal aspects of Sharia'a which underpins all Islamic contracts.
Qualification |
Awarding Body |
Appropriate Exam |
Meeting NOS |
Islamic Finance Qualification (IFQ) |
No |
N/A |
Financial Crime
In accordance with section 6(3) of the Act) any kind of criminal conduct relating to money or to financial services or markets, including any offence involving:
- fraud or dishonesty; or
- misconduct in, or misuse of information relating to, a financial market; or
- handling the proceeds of crime;
In this definition, "offence" includes an act or omission which would be an offence if it had taken place in the United Kingdom.
Qualification |
Awarding Body |
Appropriate Exam |
Meeting NOS |
ICA Diploma in Financial Crime Prevention |
International Compliance Association |
N/A |
Yes View NOS |