FASEA cancels face-to-face April exam sittings
The Financial Adviser Standards and Ethics Authority (FASEA) has cancelled its face-to-face April exam sittings and will offer advisers a remote online option for the exam due to the evolving COVID-19 pandemic.
The announcement came five days after the authority assured advisers that the April exam would proceed in all locations.
FASEA said it recognised the “challenges presented by the virus on the delivery of face-to-face exams” and that the exam provider, the Australia Council for Education Research (ACER), would make the April exam available to registered candidates as a remote online option or they could defer the exam until a later sitting.
“This measure is being taken in light of the evolving COVID-19 pandemic and in the best interest of all people involved with the exam,” FASEA said.
FASEA noted it was conscious of the need to continue to offer exams through the remainder of 2020 to enable existing advisers to meet the legislated timeframe.
“ACER will directly advise candidates registered for the April exam of details regarding registration and sittings, including details of the remote online option available for registered candidates,” FASEA said.
“ACER requests candidates to ensure their email addresses are up to date in the registration system.”
Recommended for you
The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted.
After seven weeks of strong growth, Wealth Data analysis shows financial adviser gains are now tapering off and returning to a regular pace.
Count chief executive Hugh Humphrey has said FY25 was a “milestone year” for the business as it completed its Diverger integration, exceeding targets with $5.1 million in cost synergies.
US wealth manager Focus Financial Partners, which includes Australia’s Escala Partners, has appointed a chief strategy officer to fuel further Australian growth.
