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 releases April Exam Results

MEDIA RELEASE FASEA today 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...

FASEA releases February Exam Results

MEDIA RELEASE FASEA today 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...

FASEA approves additional historical and new degrees and bridging courses

Historical degree – University of Canberra FASEA has today 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...

FASEA approves additional Recognition of Prior Learning for FPA and CPA

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)....

FASEA welcomes reappointment of directors

MEDIA RELEASE 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...

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...

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.