FASEA releases April exam results

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ASEA has released exam results from the fifth Financial Advisers Exam held in April 2020. Result highlights include: As a result of the COVID-19 pandemic, the exam was held exclusively using remote proctoring from 2 to 7 April the exam was subject to ACER’s comprehensive marking approach and was set at a consistent standard to […]

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FASEA releases February exam results

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FASEA has released exam results from the fourth Financial Advisers Exam held in February 2020. Result highlights include: the exam was held in 7 metropolitan and 10 regional centres across Australia from 13 to 18 February the exam was subject to ACER’s comprehensive marking approach 2231 advisers sat the exam over 82 percent of candidates […]

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FASEA approves additional historical and new degrees and bridging courses

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Historical degree – University of Canberra FASEA has confirmed its approval of the historical Graduate Diploma in Financial Planning for University of Canberra commenced between 1 January 2003 and 31 December 2005.Advisers who have completed this course of study are only required to complete a FASEA Ethics for Professional Advisers bridging course to meet the […]

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FASEA approves additional Recognition of Prior Learning for FPA and CPA

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The Standards Authority has approved additional applications for recognition of coursework undertaken to attain a professional designation from the Financial Planning Association (FPA) and the Certified Practicing Accountants (CPA). Advisers who have completed coursework to attain FPA professional designation for Life Risk Specialist between 2009 and 2018 or coursework to attain FPA professional designation for Accredited […]

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FASEA welcomes reappointment of directors

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The Financial Adviser Standards and Ethics Authority (FASEA) notes the Government’s reappointment of Professor Mark Brimble and Dr. Simon Longstaff AO as part-time directors of FASEA for a further three-year period commencing from 11 April 2020. On behalf of the FASEA board, Chair Catherine Walter welcomed the reappointment of Mark and Simon and acknowledged the […]

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Guidance on CPD compliance arising from COVID-19 business disruption

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FASEA recognises the challenges presented by COVID-19. Importantly FASEA understands that delivery of face to face CPD offerings may be difficult. FASEA encourages Licensees to take a supportive approach to compliance in these extraordinary circumstances. FASEA understands that effective solutions are being offered by Licensee CPD programs that contain online learning as part of a […]

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Adviser Exam Sittings: FASEA to cancel face to face April Exam and substitute with remote online options

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The Financial Adviser Standards and Ethics Authority (FASEA) understands and appreciates the unprecedented nature of the COVID-19 global pandemic and its evolving impact in Australia on the business as usual routine of financial advisers. FASEA recognises the challenges presented by COVID-19 on the delivery of face to face exams.  FASEA advises that the April 2020 […]

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FASEA approves additional Recognition of Prior Learning and Bridging courses

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Recognition of Prior Learning – AFA and SAFAA The Standards Authority has approved applications for the recognition of coursework to attain a professional designation from the Australian Financial Advisers (AFA) and Stockbrokers and Financial Advisers Association (SAFAA) as part of its education standards for financial advisers. Advisers who have completed coursework to attain the FChFP […]

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FASEA releases 2020 Legislative Instrument for Relevant Providers Degrees, Qualifications and Courses Standard

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FASEA has registered the 2020 Legislative Instrument and Explanatory Statement for its Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Determination 2020 on the Federal Register of Legislation. This new instrument expands the list of approved education programs and courses available to existing advisers and new entrants seeking to meet FASEA’s education standard.  The Determination […]

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FASEA releases December exam results

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FASEA has released exam results from the third Financial Advisers Exam held in December 2019. Result highlights include: the exam was held in 8 metropolitan and 11 regional centres across Australia from 5 December to 11 December 2981 advisers sat the exam the exam was subject to ACER’s comprehensive marking approach over 86 percent of […]

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