What is the difference between the old Diploma of Financial Planning (DFP) and the new Diploma of Financial Services (Financial Planning) (DFS(FP))?
The old DFS was made up of eight DFP courses (DFS 1 to 8) and was delivered by the Financial Planning Association (FPA). The first four DFP courses (DFP 1 to 4) met all ASIC PS 146 requirements prior up to 31 December 2002. While the DFS was a nationally accredited course under the Australian National Qualifications Framework (AQTF), it was not recognised by the Australian National Training Authority (ANTA). The new DFS(FP) is made up of four DFS courses (DFS 1 to 4) and is a nationally recognised AQTF qualification that is recognised by the Australian National Training Authority (ANTA) and meets all ASIC PS 146 requirements from 1 January 2003. The four courses in the DFS(FP) includes the content of the old DFP plus additional competencies and skill based assessment.
It is a newer format of diploma which is better. Now it is recognized by almost all bodies and it is considered an improved model of the diploma of Financial Services. I heard that now a lot of people buy a fake diploma on different sites, this is the only option for those who do not have the time and money to get it is normal
Related Questions
- What is the difference between the old Diploma of Financial Planning (DFP) and the new Diploma of Financial Services (Financial Planning) (DFS(FP))?
- How is the previous qualification known as the Diploma of Financial Planning different to Diploma of Financial Services (Financial Planning)?
- What are the units of competency for the full Diploma of Financial Services (Financial Planning)?
