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CII - Diploma in Regulated Financial Planning - Financial Services, Regulation and Ethics Module - R01

Course Information

  • Course Code: EC683A
  • Duration: 5 weeks x 3 hours
  • Price: £460.00

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The level 4 Diploma in Regulated Financial Planning meets the FCA’s qualification requirements for retail investment advisers, developing core technical knowledge and financial planning capabilities across six core areas.  This module forms part of the full Diploma which can be accessed here:


Who’s it for?

  • Those seeking to give retail investment advice, in particular those who do not hold additional CII credits counting towards completion of the Diploma in Financial Planning
  • Paraplanners, technical consultants, and those in financial planning support roles


About the Trainer

Angelo Kornecki APFS, Chartered Financial Planner. P.G.C.E.

Angelo Kornecki

Angelo is a passionate advocate for higher level education within the Financial Services Profession and has extensive experience within the Financial Services Industry, having worked in Retail Banking and Financial Planning for a large global bank, as an Independent Financial Adviser with clients throughout the North West and is currently the Founder and Director of AKORN Financial Advice Ltd, a fast growing, forward thinking Financial Advice firm based in Blackburn.   

Angelo holds the Advanced Diploma in Financial Planning from the CII and holds Chartered Financial Planner status, one of the industry’s highest accreditations, proving and supporting the highest levels of technical knowledge and professional ethics. In addition to being a practising Financial Adviser, Angelo is also a lecturer on the FdA Accounting with Financial Services and BA (Top up) Accounting with Financial Services degree courses at the University Centre at Blackburn College, heading up and delivering the Financial Services Pathway on both courses. He also holds a Post Graduate Certificate in Education (P.G.C.E) from the University Of Central Lancashire (UCLAN).

Daniel Armitage DipPFS, Financial Planner

Daniel Armitage

Daniel has a passion to help others fulfil their very best potential within the Financial Services Industry. Working within a range of financial services firms since he was 19, he has a keen experienced eye for detail and helping clients with their hopes, dreams and aspirations. He started his career at a  well-known high street retail bank and worked his way to financial planning manager. He then worked for a regional IFA firm and worked his way up to head of learning, development and competence before leaving to work at AKORN financial advice as Head of Financial Planning based in Blackburn.

As a diploma qualified financial planning professional he is working towards chartered status. Daniel is set apart from other financial advisers as he is also a master NLP practitioner which he uses to support staff, delegates and clients. He holds himself to the highest of professional standards and ethics as he says “putting the client at the heart of everything we do is a must, as high quality financial advice is the lifeblood of our industry”.

What will I study?

Financial Services, Regulation and Ethics Module – R01

  • Purpose and structure of the UK financial services industry;
  • How the retail customer is served by the financial services industry;
  • Regulatory framework, powers and responsibilities to protect the consumer;
  • Legal concepts and considerations relevant to financial advice;
  • Code of Ethics and its impact on the business behaviours of individuals



PLEASE NOTE:  The College are providing a total of 15 hours guided learning/support hours per unit with the remaining CII recommended learning hours to come from the students own self-study.   The total CII recommended study hours (which will obviously vary based on experience and ability) are as follows:

  • R01 – 60 hours
Entry Requirements

Student membership of the CII is mandatory. This is free and can be done online with the CII.

How will I be assessed?
  • R01      -           2 hour, 100 question multiple choice exam


Module cost includes includes study text, access to the CII’s RevisionMate, exam guide and exam entry for each module (first sitting).  Please note that examinations are taken at a test centre external to Blackburn College.


Diploma units are assessed by multiple-choice question exam (MCQ) (R01).  For online MCQ exams, result notification is immediate on completion.  For paper-based MCQ exams, results are released five weeks’ following the exam sitting.  Written exam results are normally released 6-8 weeks following the exam sitting.


What can I do next?

This course is also available modularly, see links: - Full Diploma - R01 - R02 - R03 - R04 - R05 - R06




For more information

For more information about this course, contact our specialist team on 01254 29 25 00 or email

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