61% pass September FASEA exam

Only 61% of advisers passed the September Financial Adviser Standards and Ethics Authority (FASEA) exam, as advisers have until Friday to register for the last exam for 2021.

Overall, 88.5% of advisers who have sat the exam have passed and 2,226 unsuccessful candidates had re-sat the exam with 66% passing at a re-sit.

Some 65% of candidates sitting the exam for the first time passed the September exam, compared with an average of 78% across all exams.

Related News:

There were 1,312 advisers that sat the September exam compared with an average of 1,683 across all exams

Some 32% of candidates resat the exam compared to an average of 29% in recent exams.

Overall, 88.5% of advisers who have sat the exam have passed and 2,226 unsuccessful candidates had re-sat the exam with 66% passing at a re-sit.There were 60% that passed the July FASEA exam and over 16,850 advisers have passed the adviser exams held to date.

Over 14,630 were recorded as active financial advisers on the Australian Securities and Investments Commission (ASIC) Financial Adviser Register (FAR), representing 76% of active advisers on the FAR.

Booking for the November exam – which was open to September exam takers – was currently open and would close on 29 October, 2021.




Recommended for you

Author

Comments

Comments

hi everyone,

just wanted to update you on two crummy lawyers in the papers today.

scummy lawyer no.1 is a mayor and being warned his their general manager not to abuse staff by threatening them

https://www.smh.com.au/national/nsw/sydney-mayor-banned-from-talking-to-...

crummy lawyer no. 2 also in the papers today stole from her client and the judge still allowed her name to be suppressed. imagine if a financial planner forgot to get an opt-in notice signed within the allowed timeframe what would happen to us. death by firing squad pretty much.

https://www.smh.com.au/national/nsw/the-case-of-solicitor-xy-and-the-six...

oh and also a doctor update is very highly qualified and super-duper ethical with an mbbs which is a 4-year bachelor's degree.

https://www.smh.com.au/business/consumer-affairs/wild-west-without-the-s...

i will update everyone when these stories come up so we can monitor and assess other "professionals"

Add new comment