Update from FASEA on the Financial Adviser Examination

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FASEA continues to work closely with ACER to ensure exam processes are streamlined, accessible and effective and exam sitting opportunities are optimised. FASEA September exam The September exam was held in 15 centres across Australia from the 19 to 23 September 2019.  A total of 1697 advisers sat the exam over 79 sessions. The results […]

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Update from FASEA on the Financial Adviser Examination

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FASEA has been working with ACER to ensure the exam registration process is streamlined, accessible and effective and exam sitting opportunities are optimised. Marking and results of June exam Results for the inaugural FASEA June exam will be released in mid-August 2019 following a comprehensive marking approach and analysis. Extended registration opening for September, December […]

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FASEA approves education credits for AFA and SMSFA coursework

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The Standards Authority has confirmed the recognition of coursework from the Association of Financial Advisers (AFA) and Self-Managed Super Fund Association (SMSFA) as part of its education standards for financial advisers. Advisers who have completed, AFA’s Fellow Chartered Financial Practitioner (FChFP) and Chartered Life Practitioner (ChLP) in or after 2013, have been awarded two credits […]

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FASEA releases online Education feedback services

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The Corporations Act 2001 requires all advisers to complete a bachelor or higher degree, or equivalent qualification, approved by FASEA. FASEA has previously issued its education pathways policy detailing the various education pathways for advisers to satisfy the education requirements. FASEA has released an online tool to give new entrants and existing advisers within Australia […]

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FASEA approves higher education Graduate Diplomas and Bridging Courses

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The Standards Authority has confirmed its approval of a first round of Graduate Diplomas and Bridging Courses from select Higher Education Providers as part of its education standard for financial advisers. FASEA’s review of the courses follows an application from each of the Higher Education Providers listed below. The approval is recognition of the alignment […]

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FASEA opens Foreign Qualifications Assessment Service

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To meet the education and training standards of the Corporations Act, financial advisers holding a foreign qualification are required to apply to FASEA for approval of their qualification. FASEA has released its online Foreign Qualifications Assessment Service form. The form enables persons with qualifications obtained outside of Australia to apply to FASEA for approval of […]

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Advisers invited to register for FASEA exam

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Registrations are now open until May 31, 2019 for financial advisers (new entrants and existing) to notify their intention to sit the FASEA exam. “The opening of registrations for the exam is a significant milestone for FASEA and the industry, and I encourage advisers to register as early as possible,” FASEA Chief Executive Officer Stephen […]

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FASEA releases its Relevant Providers Degrees, Qualifications and Courses Standard (Amendment No. 1) Legislative Instrument

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FASEA has released its Relevant Providers Degrees, Qualifications and Courses Standard (Amendment No. 1) Legislative Instrument for consultation. The Legislative Instrument is updated with additional information from higher education providers on their historical degrees and as well extends the range of approved historical programs. It also includes the first approved recognition of prior learning (RPL) […]

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FASEA releases program and provider accreditation policy

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FASEA has released its final FPS002 Program & Provider Accreditation Policy. The policy was informed through stakeholder consultation and two pilot accreditations conducted at Higher Education Providers (HEPs). The policy provides guidance to HEPs and Professional Associations on the approval requirements for a range of education pathways in the FASEA Education Pathways Policy FPS001 including: […]

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FASEA releases code of ethics standard

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FASEA has released the legislative instrument and explanatory statement for the Code of Ethics standard. The legislative instrument was informed through consultation received in 18 submissions during the final consultation period for this standard in November and December 2018. Following this consultation, FASEA has clarified aspects of the Code, including the values underlying the Code, […]

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