FASEA 3-month rule amendment registered
The Financial Adviser Standard and Ethics Authority (FASEA) has registered the amendment instrument that scraps the three-month registration requirement for the November 2021 exam.
The three-month registration requirement meant exam sitters would normally not be able to sit consecutive exams.
Advisers yet to pass the exam irrespective of the date of their last sitting or how many sittings would now be able to register.
The Corporations (Relevant Providers Exams Standard) (Amendment No. 1) Determination 2021, which was now registered on the Federal Register of Legislation, was informed through eight formal submissions during FASEA’s consultation process in July 2021.
The November exam would be offered from 11 to 16 November, 2021, and was now open to register.
FASEA previously said that advisers taking the September exam would be able to receive their result before registration for the November exam closed.
Registration for the September exam would close on 20 August, 2021.
AUTHOR
Chris Dastoor
Recommended for you
The Financial Advice Association Australia has appealed to licensees to urgently update their FAR records as hundreds of advisers are set to depart by the end of the year.
Demand for robo-advice tools is rising, a report has shown, but this is occurring simultaneously with rising demand for professional face-to-face advice.
ASIC has released the results of the latest financial adviser exam, held in November 2025.
Winners have been announced for this year's ifa Excellence Awards, hosted by Money Management's sister brand ifa.
