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FASEA reveals update on adviser exam for 2020

The Financial Adviser Standards and Ethics Authority has announced further details on the sittings of its adviser exam for 2020 as well as the launch of its remote proctoring solution.

News Adrian Flores 14 January 2020
— 1 minute read

The February and April exam

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The February exam will be held in 17 centres across Australia from 13 to 18 February, FASEA said in a statement.

In addition to metropolitan locations, regional centres for the February sitting are Gold Coast, Wollongong, Cairns, Ballarat, Launceston, Port Macquarie, Traralgon, Tamworth, Townsville and Newcastle.

FASEA said registrations for the February exam are open and will close on 24 January 2020, with over 1,700 advisers already registered for the February exam.

The April exam will be held in 18 centres across Australia from 2 to 7 April.

In addition to metropolitan locations, regional centres for the April sitting are Townsville, Gosford, Sunshine Coast, Geelong, Toowoomba, Bunbury, Mackay, Geraldton, Wagga Wagga and Coffs Harbour.

Registrations are now open for the April exam and will close on 13 March 2020, with 140 advisers already registered, FASEA said.

The June exam

FASEA noted that the June exam will be held in 18 centres across Australia from 11 to 16 June 2020.

In addition to metropolitan locations, regional centres for the June sitting are Townsville, Gold Coast, Newcastle, Wollongong, Cairns, Bendigo, Albury/Wodonga, Rockhampton, Port Macquarie and Orange.

Registration for the June exam will open on 2 March 2020 and close on 22 May 2020.

December 2019 exam update

A total of 2,981 advisers sat the December 2019 exam over 95 sessions, of which results will be released by the end of January 2020.

Further, FASEA announced the launch of its remote proctoring solution. The solution will be available for the February exam and all subsequent exams.

“FASEA continues to work closely with ACER to ensure exam processes are streamlined, accessible and effective, and exam sitting opportunities are optimised,” it said.

The latest on the adviser exam comes after last year saw a decision made to recognise Chartered Accountants Australia and New Zealand and Certified Practicing Accountants qualifications.

At the time, FASEA chief executive Stephen Glenfield said: “The awarding of credits for coursework to attain the CPA and CA ANZ designations provides appropriate recognition to existing advisers who have undertaken these further studies.”

FASEA reveals update on adviser exam for 2020
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