The standards authority has announced it will publish a list of advisers who have passed the industry exam after each sitting going forward, “in recognition of their achievement”.
In a statement, FASEA said it had published a list of over 7,100 advisers who had successfully passed the exam to date and agreed to share their details publicly.
More than 10,400 advisers had successfully passed the exam since sittings commenced, the authority said.
“FASEA congratulates the significant number of advisers who have passed the exam to date,” the authority’s chief executive Stephen Glenfield said.
“This list provides public recognition of their achievements and a high level of visibility for consumers and other stakeholders.”
The list would also be a valuable resource for consumers to be able to look up their adviser and see if they had passed, FASEA said.
Passing the exam demonstrated to consumers that their adviser had passed the second of FASEA’s education and training standards, meaning they could understand advice regulatory and legal requirements, construct advice aligned to different consumer groups, and apply the code of ethics and demonstrate professional reasoning to practical situations, the authority said.
The list is available on the FASEA website and is searchable by name, state and adviser registration number.
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