Remote access for FASEA exam
Financial advisers who live at least 150 kilometres from All Financial Adviser Exam centres will be able to sit the exam under live supervision using their own computers, the Financial Adviser Standards and Ethics Authority (FASEA) has announced.
The remote proctoring solution will be available from the February exam, during 13 to 18 February. Remote proctoring information can be found on the FASEA website, including which postcodes are deemed ineligible.
The February exam locations will include metropolitan locations along with Gold Coast, Wollongong, Cairns, Ballarat, Launceston, Port Macquarie, Traralgon, Tamworth, Townsville and Newcastle.
Registrations for the February exam are open and will close on 24 January, 2020. Over 1,700 advisers have already registered for the February exam, according to FASEA.
FASEA also announced that its 2 to 7 April exam would be held across 18 centres and included Townsville, Gosford, Sunshine Coast, Geelong, Toowoomba, Bunbury, Mackay, Geraldton, Wagga Wagga, Coffs Harbour, along with metropolitan areas.
Registrations would close on 13 March, 2020 and 140 advisers had so far been registered.
For the 11 to 16 June exam, advisers would be able to sit the exam in metropolitan locations along with Townsville, Gold Coast, Newcastle, Wollongong, Cairns, Bendigo, Albury/Wodonga, Rockhampton, Port Macquarie and Orange. The authority said registration would close 22 May, 2020.
FASEA noted that 2,981 advisers sat the December 2019 exam and that results would be release by the end of January.
Recommended for you
Insignia Financial has returned to profit in FY25, after a $185 million loss in the previous year, while its advice division grew their revenue per adviser by 14 per cent.
With licensee switching on the rise, particularly for newer advisers, compliance expert Sean Graham has shared red flags to watch out for when making the jump between AFSLs.
Beyond their investment benefits, over a third of advisers say utilising managed accounts solutions has allowed them to take on more clients, according to Praemium.
Insignia Financial’s wrap platform has appointed Heidi Press, former HUB24 head of product management, to spearhead the design and delivery of the MLC Expand platform.
