FASEA confirms 2020 exam dates
The Financial Adviser Standards and Ethics Authority (FASEA) has confirmed the remaining 2020 exam sittings, which will be held over five days each in August, October and November.
The exam would be offered across 327 separate sessions on those dates with the option of remote online proctoring or face-to-face examination, which would be subject to COVID-19 requirements and allowances in that jurisdiction.
FASEA had the ability to extend the number of days of each sitting if demand was high and would offer further sitting days in 2021, since the deadline was extended to 1 January, 2022.
August had sittings from 13-18 August, with 156 sessions in 8 metro and 14 regional locations.
October had sittings from 8-13 October, with 87 sessions in seven metro and eight regional locations.
November had sittings from 5-10 November, with 84 sessions in seven metro and seven regional locations.
Approximately 10,250 advisers had sat the exam, which had been held over six separate weekends, across 32 sitting days.
Approximately, 55% (around 12,450) of advisers registered on the Australian Securities and Investments Commission’s (ASIC’s) Financial Adviser Register had either sat the exam or registered to do so.
AUTHOR
Chris Dastoor
Recommended for you
With a large group of advisers expecting to exit before the 2026 education deadline, an industry expert shares how these practices can best prepare themselves for sale to compete in a “buyer’s market”.
Australia has marked a decade among the best countries for retirement, according to Natixis, but with high inflation threatening their retirement goals, a third say they would get professional advice to improve their chances.
When it comes to the risks of acting as a responsible manager at an AFSL, compliance firm Holley Nethercote has shared a range of red flags that could see them facing disciplinary action from the corporate regulator.
Wealth management platform provider Netwealth has announced a partnership with FinClear to streamline trading capabilities for advisers.
