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

Update from FASEA on the Financial Adviser Examination

MEDIA RELEASE FASEA continues to work closely with ACER to ensure exam processes are streamlined, accessible and effective and exam sitting opportunities are optimised. FASEA September Exam The September exam was held in 15 centres...
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FASEA releases additional practice questions

FASEA has released additional practice questions to help advisers prepare for the Exam (link). A revised candidate video, providing visibility of exam day registration process and the exam environment is also available (link). For those...
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Director Resignation – Mr Matthew Rowe

The Financial Adviser Standards and Ethics Authority confirms the resignation of Matthew Rowe as a Director of the Standards Authority, effective August 14, 2019. Mr. Rowe is the current CEO and Managing Director of an ASX-listed entity,...
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FASEA approves education credits for FPA coursework to attain a Professional Designation

MEDIA RELEASE The Standards Authority has approved an application for the recognition of coursework to attain a professional designation from the Financial Planning Association (FPA) as part of its education standards for financial...
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FASEA Accreditation Progress Update

As part of its legislative remit, FASEA has reviewed and assessed applications from Higher Education Providers and Professional Associations for approval of Bachelor or higher degrees or equivalent qualifications that relevant providers...
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FASEA approves education credits for CIMA and CFA coursework to attain a Professional Designation

MEDIA RELEASE The Standards Authority has approved applications for the recognition of coursework to attain a professional designation from the Portfolio Construction Forum and CFA Societies Australia as part of its education standards...
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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.