Certificate in Paraplanning & Financial Administration

EQF Level 4

The Certificate in Paraplanning & Financial Administration (Cert PFA) has been developed to meet the needs of individuals working, or aspiring to work, in financial administration or paraplanning roles, and provides comprehensive foundation knowledge of products, services, regulation and legislation in the financial advice industry.  

Cert PFA allows students to underpin learned knowledge by developing the skills required to support and maintain appropriate and ethical client relationships, and to meet clients’ prioritites by considering a range of protection, investment and retirement funding products. Those completing CeFAP will be able to demonstrate a commitment to career progression and evidence the necessary skills and knowledge to perform a variety of roles to a higher standard.


Cert PFA consits of four mandatory units and is mapped to the occupational standards for paraplanning. It can act as  a stepping stone to becoming a financial adviser.


Some key points:

  • Cert PFA is equivalent to EQF/MQF Level 4

  • Cert PFA consists of four mandatory units

  • Registration for Cert PFA costs €490 and includes the learning manual, initial assessment entry and online access to updates during the study period

  • Assessment for Cert PFA is a 2-hour mutliple-choice examination split into four 30 minute sections, focusing on one unit each. Students must achieve a minimum of 70% to pass each unit

  • Students only resit units that they have not passed, allowing them to focus on areas of weakness rather than having to revisit the entire syllabus

  • Upon successful completion of the Cert PFA one may proceed to study the Diploma for Financial Advisers

Awarding Body:

The London Institute of Banking & Finance

Study Hours:

220 hours - achievable within 12 months.


1-3 Unit 30 minute objective test with 25 multiple-choice questions each, Unit 4 30 minute objective test with three case studies - each with five attached multiple choice questions.

Additional Info:


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