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 approves Courses offered by Victoria University

MEDIA RELEASE FASEA has today confirmed the approval of a new Graduate Diploma of Financial Planning offered by Victoria University.  Advisers who complete this course of study will meet the education standard. In addition, FASEA approves...

Over 16,000 pass the Financial Adviser Exam

MEDIA RELEASE FASEA today released exam results from the 13th Financial Advisers Exam held in July 2021. Result highlights include: Over 16,030 advisers have passed the adviser exams held to date. Of those who have passed: 14,070 are...

FASEA releases Corporations (Relevant Providers Exams Standard) (Amendment No. 1) Determination 2021

MEDIA RELEASE FASEA has registered the Corporations (Relevant Providers Exams Standard) (Amendment No. 1) Determination 2021 on the Federal Register of Legislation. The Determination was informed through 8 formal submissions during...

14,850 advisers have passed the exam… building consumer confidence in the financial advice industry

MEDIA STATEMENT FASEA congratulates the 14,850 financial advisers who have sat and passed the relevant providers exam before the end of June 2021 representing close to 70% of active advisers on the Financial Advisers Register (FAR). These...

FASEA releases draft amendments to the Education Legislative Instrument

MEDIA RELEASE Since September 2020, FASEA has approved five current degrees, four bridging courses and one historic degree as recognition of prior learning. In announcing those approvals, FASEA noted they would be added to a future...

FASEA Consultation – relief from 3 month registration requirement for November 2021 Financial Advisers Exam

MEDIA RELEASE FASEA has today released Corporations (Relevant Providers Exam Standard) Determination 2019 Amendment for consultation. The draft amendment proposes relief from the 3 month registration requirement for November 2021 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.