Melbourne FASEA October exam moves to remote only
The Financial Adviser Standards and Ethics Authority (FASEA) will provide remote October exam sittings in Melbourne, as physical locations will be unavailable due to the current stay at home restrictions.
Advisers who had registered for a physical location in Melbourne had the option to sit online or defer to a later sitting, due to the re-imposition of Stage 4 stay at home restrictions.
The Bendigo exam location would continue to be offered to advisers in regional Victoria.
Exam administrator, the Australian Council for Educational Research (ACER), would contact registered candidates to explain their options to sit the exam.
ACER requested candidates ensured their email addresses were up to date in the registration system to help ensure they were contacted.
FASEA said it would continue to monitor the situation and act upon the advice of Federal and State Governments.
Recommended for you
With the highest number of candidates in a year sitting the latest financial advice exam, a surge of new entrants are expected in the coming weeks, according to Wealth Data.
AMP has launched a range of five diversified index managed portfolios on its North investment platform, targeting a younger client demographic.
An NSW adviser, who advised over 120 clients after falsifying her financial advice exam results, has been permanently banned by ASIC.
ASIC has released the results from the latest financial adviser exam, the first to be run since changes to its structure earlier this year.
