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And FASEA still aren't publishing the pass-mark!! How do they get away with this? Why so much secrecy? For an organisation forcing extreme, draconian and unworkable ethical standards on advisers, the lack of transparency is unbelievable. For all we know, they are manipulating the pass-mark for each exam to produce a desired outcome. Everything FASEA has touched, smacks of an organistion that is more interested in making themselves look good, rather than doing the hard work to develop sensible, practical solutions in-line with the intent of the legislation. I have lost all faith in FASEA and every adviser I speak to feels the same way.