New Entrant requirements

From 1 January 2019, New Entrants wishing to commence a career in financial advice are required to:

  1. have completed a FASEA approved degree
  2. undertake a Professional Year and
  3. pass the Exam.

New Entrants must complete a FASEA approved bachelor degree (AQF7), a post graduate diploma (AQF8) or masters degrees (AQF9).

A New Entrant must complete a FASEA Approved Degree before they commence their Professional Year.

A New Entrant must pass the Exam before commencing Quarter 3 and 4 of the Professional Year.

Education Pathways

Education Requirements

Professional Year

Professional Year requirements

Exam

Exam requirements

FAQ's

New Entrant FAQ’s

FASEA Opening Statement – House of Representatives Standing Committee on Economics

MEDIA RELEASE FASEA appeared at the House of Representatives Standing Committee on Economics on the 30 June 2020.  FASEA's opening statement can be found here.The Financial Adviser Standards and Ethics Authority Limited was established in...

FASEA Consultation – three month Continuing Professional Development relief

FASEA has today released Corporations (Relevant Providers Continuing Professional Development Standard) Determination (Amendment) 2020 for consultation. FASEA recognises the challenges Covid-19 business disruption presents advisers and...

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

MEDIA RELEASE 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...

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

FASEA confirms 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...

FASEA welcomes certainty around Exam and Education extension

MEDIA RELEASE FASEA confirms that the Senate has today 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...

FASEA approves University of Adelaide Historical Graduate Diploma in Global Wealth Management

FASEA has today confirmed its approval of the historical Graduate Diploma in Global Wealth Management for University of Adelaide offered between 1 January 2006 and 31 December 2011. Advisers who have completed this course of study are...

The Financial Adviser Standards and Ethics Authority Limited was established in 2017 to set the education, training and ethical standards of financial advisers in Australia.

 

 

The Financial Adviser Standards and Ethics Authority Limited was established in 2017 to set the education, training and ethical standards of financial advisers in Australia.