The London Institute of Banking & Finance has revamped its Level 4 Diploma for Financial Advisers (DipFA) and scrapped the requirement for a final exam.

Professional body the London Institute of Banking & Finance has been acquired by German educational technology provider IU Group for an undisclosed sum.

The Quilter Financial Adviser School (QFAS) has launched a new Level 6 Financial Planning in Retirement (FPIR) qualification provided by the London Institute of Banking and Finance (LIBF).

Most financial advisers (91%) plan to adopt a hybrid advice model - combining in-person and digital engagement - over the next few years, according to a professional body’s poll.