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 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 January Exam Results

MEDIA RELEASE FASEA today released exam results from the tenth Financial Advisers Exam held January 2021. Result highlights include: Over 12,000 advisers have passed the adviser exams held to date representing 57% of advisers on ASIC’s...

Update from FASEA on the Financial Adviser Exam

MEDIA RELEASE Since June 2019, the exam has been offered 10 times in person and online with 11241 candidates (89%) successful to date. The exam will be offered a further 5 times in 2021 with 1900 candidates already registered for March....

FASEA Update: Helping Advisers Prepare for the Exam

MEDIA RELEASE With five Exam sittings remaining for existing advisers to sit and pass the exam, FASEA draws Advisers’ attention to support and materials available to assist their Exam preparation. Pre-Exam Webinar Series Advisers who book...

FASEA approves Degrees offered by University of New South Wales and University of Tasmania

MEDIA RELEASE FASEA has today confirmed the approval of the following degrees: Bachelor of Commerce majoring in Financial Planning offered by the University of New South Wales from 1st Semester 2021. Graduate Diploma of Financial Planning...

FASEA releases November Exam Results

MEDIA RELEASE FASEA today released exam results from the ninth Financial Advisers Exam held in November 2020. Result highlights include: 11,241 advisers have passed the adviser exams held to date representing 52% of advisers on ASIC’s...

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

MEDIA RELEASE FASEA has registered the 2020 Amendment Legislative Instrument and Explanatory Statement for its Relevant Providers Degrees, Qualifications and Courses Standard on the Federal Register of Legislation. The Determination was...

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.