Checked 27 October 2026. Every date, time and closing date was read on IOB’s programme page and 2026/27 key-dates PDF and on LIA’s Level 7 exam timetable 2026-2027 on 27 October 2026. Check the providers’ pages for any change before you register.
The next QFA exams are IOB’s 6–16 January 2027 session (register by 4 November 2026) and LIA’s January 2027 sitting on 9, 16 and 23 January (register by Friday 6 November 2026). Five QFA modules are 100 multiple-choice questions in 2 hours, taken online; the capstone is a case-study exam (written at IOB). In 2026/27 IOB offers five exam sessions, two of them (April and July 2027) for Regulation, Loans and Investment only, and LIA offers January, May and September. Below are the remaining windows and deadlines for 2026/27, how each provider runs the exam, the time you get per question and when results come out. Independent — not affiliated with IOB, LIA or III. ProSyllabus is an independent study site and nothing here is official: every format fact, date and fee below is quoted or summarised from the official pages listed at the end of this page, read on 27 October 2026.
IOB key-dates PDF 2026/27 and LIA Level 7 exam timetable 2026-2027, read 27 October 2026.
FreeTests: Regulators and why firms are regulated · Authorisation and fitness and probity · Minimum Competency Code
QFA Regulation Essentials: free sample
Answer 3 questions against the clock, like the real exam. You then see the right answer, the reason and your time on each. About 5 minutes · free · no sign-in.
3 questions to answer
Start nowabout 5 minThis one is free · no sign-in needed
Your result shows how long each question took you.
IOB QFA exam dates 2026/27
IOB says it “is offering five exam sittings per year for QFA modules”, and that “some of these modules do not run in all intakes”. Intakes One, Three and Five take every module, including the capstone; Intakes Two and Four take only Regulation, Loans and Investment. Each intake has a trimester start, a closing date for registration, a multi-day exam session and a results date.
| IOB intake | Modules | Trimester starts | Closing date | Exam session | Results release |
|---|---|---|---|---|---|
| Intake One | All QFA modules | 28 Sep 2026 | 4 Nov 2026 | 6–16 Jan 2027 | 12 Feb 2027 (Financial Planning later) |
| Intake Two | Regulation, Loans and Investment only | 4 Jan 2027 | 10 Feb 2027 | 7–10 Apr 2027 | 30 Apr 2027 |
| Intake Three | All QFA modules | 2 Feb 2027 | 10 Mar 2027 | 5–15 May 2027 | 11 Jun 2027 (Financial Planning later) |
| Intake Four | Regulation, Loans and Investment only | 5 Apr 2027 | 12 May 2027 | 7–10 Jul 2027 | 30 Jul 2027 |
| Intake Five | All QFA modules | 31 May 2027 | 7 Jul 2027 | 1–11 Sep 2027 | 8 Oct 2027 (Financial Planning later) |
From IOB’s “Key Dates for extra sitting QFA modules in 2026/27” PDF and the Key Dates tab of its programme page. IOB notes that Financial Planning results are released at a later date, and that the withdrawal and re-registration date is the same as the closing date.
LIA QFA exam dates 2026/27
LIA’s Level 7 exam timetable 2026-2027 gives a date and a start time for each module, and adds: “Your exam start time will be within the specified time frame above and you will be notified in advance of your exact start time via email.” Exams are on Saturdays, two modules a day across three Saturdays. The same timetable lists a September 2026 sitting (registration closed Friday 17 July 2026), now past; registration for the three sittings below opened on Tuesday 1 September 2026.
| LIA sitting | Registration closes | Regulation | Pensions | Investment | Loans | Life Assurance | Financial Advice | Ratified results |
|---|---|---|---|---|---|---|---|---|
| January 2027 | Fri 6 Nov 2026 | Sat 9 Jan, 12:30pm | Sat 16 Jan, 12:00pm | Sat 16 Jan, 3:30pm | Sat 23 Jan, 8:30am | Sat 23 Jan, 12:00pm | Sat 9 Jan, 8:30am (150 min) | 24 Feb 2027 |
| May 2027 | Fri 19 Mar 2027 | Sat 8 May, 12:30pm | Sat 15 May, 12:30pm | Sat 15 May, 4:30pm | Sat 22 May, 8:30am | Sat 22 May, 12:00pm | Sat 8 May, 8:30am (150 min) | 23 Jun 2027 |
| September 2027 | Fri 9 Jul 2027 | Sat 4 Sep, 12:00pm | Sat 11 Sep, 12:00pm | Sat 11 Sep, “15:30pm” as printed (read as 3:30pm; confirm with LIA) | Sat 18 Sep, 8:30am | Sat 18 Sep, 12:00pm | Sat 4 Sep, 8:30am (150 min) | 20 Oct 2027 |
From LIA’s Level 7 Exam Timetable 2026-2027, linked from its Exam Dates page, read 27 October 2026. Every multiple-choice module is listed at 120 minutes; Financial Advice at 150 minutes. LIA also gives provisional results two days after each multiple-choice exam.
Which sitting can I still register for?
Pick a module. The tool compares today’s date with the 2026/27 closing dates IOB and LIA publish from January 2027 on, and lists the sittings whose closing date has not yet passed.
Closing dates from IOB’s 2026/27 key-dates PDF and LIA’s Level 7 exam timetable 2026-2027, read 27 October 2026. A sitting is listed until its published closing date has passed; confirm with the provider that registration is open and the cut-off time on the day. IOB says its withdrawal and re-registration date is the same as the closing date.
FreeTests: Regulators and why firms are regulated · Authorisation and fitness and probity · Minimum Competency Code
QFA Regulation Essentials: free sample
Answer 3 questions against the clock, like the real exam. You then see the right answer, the reason and your time on each. About 5 minutes · free · no sign-in.
3 questions to answer
Start nowabout 5 minThis one is free · no sign-in needed
Your result shows how long each question took you.
The format: 100 multiple-choice questions in 2 hours
For Regulation, Life Assurance, Loans, Investment and Pensions, IOB says “the exam consists of 100 multiple choice questions”, in a “Two-hour online exam for each module at the end of the trimester”. LIA says the same: its QFA page says “all exams are 2-hour multiple-choice assessments with 100 MCQ questions with the exception of the QFA Financial Advice module”. That is 120 minutes for 100 questions: 72 seconds a question on average (our arithmetic). LIA gives its students a chapter weighting table with the minimum and maximum number of questions that may come from each chapter of the textbook, so the possible range of questions per chapter is known in advance.
| After | Questions answered at an even pace | With 15 minutes kept for review (our suggestion) |
|---|---|---|
| 30 minutes | 25 | 29 |
| 60 minutes | 50 | 57 |
| 90 minutes | 75 | 86 |
| 105 minutes | 88 | 100 |
| 120 minutes | 100 | review done |
Our arithmetic: 100 questions in 120 minutes, and 100 questions in 105 minutes (63 seconds each) if you keep 15 minutes to go back over flagged questions. The checkpoints are suggestions, not provider rules.
The pages we read do not say whether a wrong answer loses a mark in the QFA modules. The Insurance Institute’s FAQ for its own general insurance APA exams says “Incorrect Answer: -1 mark”, but those are different exams. Read your provider’s exam regulations (LIA publishes a Level 7 Exam Regulations guide) before you decide how to treat questions you cannot answer.
The capstone is case-study based, not multiple choice
The sixth module is different. At IOB, “For the Financial Planning module, the exam consists of a written case study and essay-style questions”, within the two-hour exam format. At LIA, the QFA Financial Advice module “is a 2.5 hour exam consisting of 3 case study based questions”, and the 2026-2027 timetable lists it at 150 minutes from January 2027 (the September 2026 sitting listed 120 minutes). With three questions in 150 minutes, you have 50 minutes a case (our arithmetic). LIA says its Financial Advice module “must be completed last”; IOB’s rule is that to enrol for Financial Planning you must be enrolled for, have passed or be exempt from the other five.
How the exam is taken
LIA exams “are facilitated online using remote invigilation”, at home or in your office. You need a desktop or laptop computer with a working webcam, microphone and speaker, plus a mobile webcam to show your surrounding area and do a desk pan when asked (tablets, phones and Chromebooks are not supported), Windows 10 or macOS 11 or higher, at least 4 GB of RAM, photo ID in your registered name and a stable connection; LIA recommends at least 1.5 Mbit/s upload, 10 Mbit/s download and a ping under 25 ms. You do not use a web browser: you install the TestReach application in advance and run its system check, and LIA asks you to sign its Online Consent Form. Work laptops can block the software, so LIA encourages a personal machine.
IOB says its programmes “are largely delivered and assessed online”, with a two-hour online exam per module, and that students need a laptop and suitable software, including Microsoft Office. Its pages we read do not name the proctoring software.
To rehearse the timing, the ProSyllabus QFA Regulation mock test gives you two full mocks of 100 questions in 2 hours, every answer explained with the Consumer Protection Code, Minimum Competency Code or statute it rests on, a score by topic after each mock, and 4 questions free.
FreeTests: Regulators and why firms are regulated · Authorisation and fitness and probity · Minimum Competency Code
QFA Regulation Essentials: free sample
Answer 3 questions against the clock, like the real exam. You then see the right answer, the reason and your time on each. About 5 minutes · free · no sign-in.
3 questions to answer
Start nowabout 5 minThis one is free · no sign-in needed
Your result shows how long each question took you.
QFA exam results
| Provider | When results come out (2026/27) | Note |
|---|---|---|
| IOB | Intake One 12 Feb 2027; Two 30 Apr 2027; Three 11 Jun 2027; Four 30 Jul 2027; Five 8 Oct 2027 | Financial Planning, a written exam, is released later |
| LIA | Provisional results two days after each multiple-choice exam; ratified results 24 Feb 2027 (January sitting), 23 Jun 2027 (May) and 20 Oct 2027 (September) | No provisional result for Financial Advice |
From IOB’s key-dates PDF and LIA’s exam timetable. IOB says students who complete the programme are invited to apply for the QFA designation shortly after the ratified results are released.
No pass rates on the providers’ pages
Neither IOB nor LIA publishes a pass rate or a pass mark on the pages we read, so this page gives none. What is published is the format: 100 questions, 2 hours, and for LIA students the chapter weighting table, which tells you where the marks are.
Planning backwards from your exam
| If you want to sit | Register by | Weeks from 27 Oct 2026 to the first exam day (our arithmetic) |
|---|---|---|
| IOB January 2027 session | 4 Nov 2026 | About 10 (to 6 Jan 2027) |
| LIA January 2027 sitting | 6 Nov 2026 | About 11 (to 9 Jan 2027) |
| IOB April 2027 (Regulation, Loans, Investment) | 10 Feb 2027 | About 23 (to 7 Apr 2027) |
| LIA May 2027 sitting | 19 Mar 2027 | About 28 (to 8 May 2027) |
| IOB May 2027 session | 10 Mar 2027 | About 27 (to 5 May 2027) |
Closing dates from IOB and LIA; the week counts are ours, rounded.
FreeTests: Regulators and why firms are regulated · Authorisation and fitness and probity · Minimum Competency Code
QFA Regulation Essentials: free sample
Answer 3 questions against the clock, like the real exam. You then see the right answer, the reason and your time on each. About 5 minutes · free · no sign-in.
3 questions to answer
Start nowabout 5 minThis one is free · no sign-in needed
Your result shows how long each question took you.
Frequently asked questions
When are the next QFA exams?
IOB’s next session is 6–16 January 2027 (closing date 4 November 2026). LIA’s next sitting is 9, 16 and 23 January 2027 (registration closes Friday 6 November 2026).
How many questions are in a QFA exam?
Each of the five multiple-choice modules has 100 questions in 2 hours. The capstone is case-study based: a written case study and essay-style questions at IOB, and 3 case-study questions in 2.5 hours at LIA.
Are QFA exams online?
Yes. IOB runs a two-hour online exam for each module. LIA exams use remote invigilation through the TestReach application, at home or in your office.
How long do I have per question?
72 seconds on average: 120 minutes for 100 questions. If you keep 15 minutes for review, 63 seconds a question.
When do QFA results come out?
LIA gives provisional results two days after each multiple-choice exam and ratified results later (24 February 2027 for the January sitting). IOB releases results on a set date per intake, 12 February 2027 for the January session; Financial Planning results come later.
Can I sit QFA Regulation in April 2027?
Yes, with IOB. Its Intake Two (exams 7–10 April 2027, closing date 10 February 2027) and Intake Four (exams 7–10 July 2027, closing date 12 May 2027) are for Regulation, Loans and Investment only.
What is the QFA pass rate?
It is not published by IOB or LIA on the pages we read, so we do not give one.
For a full timed rehearsal of the 100-question, 2-hour format, start with the QFA Regulation mock test.
Sources
- official — IOB: Key Dates for extra sitting QFA modules in 2026/27 (PDF: trimester start, closing date, exam session and results release for five intakes)
- official — IOB: Professional Diploma in Financial Advice (QFA), programme page with modules, learning outcomes, assessment, fees, entry requirements and 2026/2027 key dates (read 27 Oct 2026)
- official — IOB: Top questions on becoming a Qualified Financial Adviser (QFA) (dated 14 June 2022)
- official — LIA: Level 7 Exam Timetable 2026-2027 (registration closing dates, exam dates and times, provisional and ratified results), linked from lia.ie
- official — LIA: Exam and Lecture Dates for Level 7 and Level 9 Programmes
- official — LIA: QFA, Certificate in Professional Financial Advice (modules, fee, assessment, award, study supports)
- official — LIA: APA Designations (QFA Regulation plus one other module; fee; assessment)
- official — LIA: Online Exam Information (remote invigilation, TestReach, technical requirements)
- official — LIA: Exam Regulations (Level 7 exam regulations guide)
- official — The Insurance Institute of Ireland: Certificate in Insurance Product Advice (APA), including its exam format and CPD
official = a document published by the conducting body. reported = a news or coaching site we could not check against an original. Where sources disagree this page says so rather than picking one.








