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 Opening Statement – Senate Estimates Economics Legislation Committee

MEDIA RELEASE FASEA appeared at the Senate Estimates Economics Legislation Committee on the 27 October 2020.  FASEA's opening statement can be found hereThe Financial Adviser Standards and Ethics Authority Limited was established in 2017...

FASEA provides remote November Exam sitting option for financial advisers in Melbourne due to Covid-19 restrictions

MEDIA RELEASE Due to COVID-19 restrictions in place in Victoria and the continued closure of Melbourne metropolitan exam venues, FASEA advises that the Melbourne physical location exams are not able to be offered for the November sitting...

FASEA Consultation – Draft Financial Planners & Advisers Code of Ethics 2019 Guide

MEDIA RELEASE Following consultation with stakeholders in 2019 and early 2020, FASEA has today released the draft Financial Planners & Advisers Code of Ethics 2019 Guide for consultation. The draft guide provides an explanation of the...

FASEA releases August Exam Results

MEDIA RELEASE  FASEA today released exam results from the seventh Financial Advisers Exam held in August 2020. Result highlights include: the exam was held from 13 to 18 August in exam centres and online 82% of candidates passed the...

FASEA provides remote October Exam sitting option for financial advisers in Melbourne due to Covid-19 restrictions

MEDIA RELEASE Following the reimposition of Stage 4 stay at home restrictions for metropolitan Melbourne and the continued closure of exam venues, FASEA advises that Melbourne metropolitan physical location exams will not be offered for...

FASEA confirms dates and venues for 2021 Exam sittings

MEDIA RELEASE FASEA confirms that, subject to COVID-19 restrictions, it will run six Financial Adviser exam sittings in 2021 in 31 locations across metropolitan and regional Australia.  Alternatively, advisers may elect to sit the Exam...

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.