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.
Recommended for you
Sharing his reasoning in joining the FSC board, WT Financial chief executive, Keith Cullen, believes “product and advice cannot be separated” from each other in the current environment.
The Emerge Foundation, a charity run by financial advisers and fund managers, has announced a scholarship program to help veterans transition into tertiary education.
In an open letter, Sequoia chief executive Garry Crole has hit out against shareholders “with a personal axe to grind” as he fights for his job ahead of an EGM.
The JAWG has announced it is in talks with Treasury around five “core principles” to strengthen the education standards for new entrants to the financial advice space.