New Entrant requirements

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

  1. complete 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

Guidance on CPD compliance arising from COVID-19 business disruption

MEDIA RELEASE The Financial Adviser Standards and Ethics Authority (FASEA) has received enquiries relating to operation of CPD requirements resulting from current COVID-19 business disruption. FASEA recognises the challenges presented by...
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Adviser Exam Sittings: FASEA to cancel face to face April Exam and substitute with remote online options

MEDIA RELEASE 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...
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April 2020 Exam – ACER Advice on Coronavirus COVID-19

ACER takes the health and wellbeing of all the people we interact with seriously. Many of our tests bring together large groups of people and some candidates travel from overseas locations. These factors present potential risks following...
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FASEA approves additional Recognition of Prior Learning and Bridging courses

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

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...
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FASEA releases December Exam Results

FASEA today 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...
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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.