FASEA Confirms Adviser Exam Schedule for 2021

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FASEA has to date offered more than 340 Exam sessions and in response to Covid-19 restrictions has introduced remote sitting options for all candidates from April 2020. FASEA will run six Exam sittings in 2021. Face-to-face sittings will be offered at metropolitan and regional locations throughout Australia and will be run over multiple days, up

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FASEA formalises three month CPD relief for advisers in recognition of COVID-19 business disruption

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FASEA has registered the 2020 Legislative Instrument and Explanatory Statement for its Corporations (Relevant Providers Continuing Professional Development Standard) Determination (Amendment) 2020 on the Federal Register of Legislation. This Instrument provides relief to advisers whose ability to complete CPD requirements has been impacted by COVID-19. Advisers have been granted an additional 3 months to meet

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FASEA Consultation on three month Continuing Professional Development relief

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FASEA has released Corporations (Relevant Providers Continuing Professional Development Standard) Determination (Amendment) 2020 for consultation. FASEA recognises the challenges Covid-19 business disruption presents advisers and understands that completion of planned Continuing Professional Development (CPD) offerings may be difficult. To assist advisers, meet their CPD requirements in the current Covid-19 impacted CPD year, FASEA is consulting

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Three month CPD relief for advisers in recognition of COVID-19 business disruption

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The Financial Adviser Standards and Ethics Authority (FASEA) has received enquiries and requests for relief relating to compliance with CPD requirements due to COVID-19 business disruption. FASEA recognises the challenges presented by the current extraordinary circumstances. Importantly, FASEA understands that completion of planned CPD offerings may be difficult. To assist advisers, meet their CPD requirements

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FASEA confirms remaining Exam sitting dates for 2020 and adviser participation rates

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FASEA has confirmed the remaining 2020 sittings for the Adviser Exam will be held over 5 days in each of August, October and November. The Exam is scheduled to be offered across 327 separate sessions in those months.  Advisers will have a choice of a remote online or face to face exam option, subject to

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FASEA welcomes certainty around Exam and Education extension

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FASEA confirms that the Senate has passed the Bill to amend the Corporations Act to extend transitional timeframes for existing advisers to comply with Corporations Act (2001) Education and training standards and to pass the Exam. Existing advisers now have until 1 January 2022 to pass the Exam and 1 January 2026 to meet the

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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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