FASEA just released new adviser exam details

Alex Burke,  Senior Writer,  No More Practice Education

The latest round of FASEA exams were held from the 19th to the 23rd of September.

During that period, 1,697 advisers sat the exam over 79 sessions - the results for these advisers will be released in mid-November.

If you’re wondering when next you can sit the exam, it’s going to be held from the 5th to the 9th of December, and in addition to metropolitan locations, it will be held in Townsville, Rockhampton, Mackay, Sunshine Coast, Toowoomba, Gosford, Orange, Wagga Wagga, Albury/Wodonga, Bendigo and Geelong.

Get in as soon as possible, though, as registrations close on November 8. After the December sitting, you’ll then have to wait for February or April.

News of the next exam sittings follows FASEA approving two further professional designations as eligible for recognition of prior learning credits.

Those advisers who completed coursework to attain the Certified Practicing Accountants (CPA) in or after 1989 will be awarded one credit. They'll be eligible for a further RPL credit if they completed at least one financial planning elective in the program.

Those electives are:

  • Personal financial planning and superannuation
  • Financial planning fundamentals
  • Superannuation and retirement planning
  • Investment strategies
  • Risk advice and insurance
  • Financial risk management

Furthermore, advisers who completed coursework to attain the Charted Accountant designation offered by the Chartered Accountants Australia and New Zealand (CAANZ), in or after 1972, will also be awarded one RPL credit.


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