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ASIC announces final sitting dates for 2022 exams

The corporate regulator has confirmed the dates for the next three sittings of the financial adviser exam.

The next sitting will take place from 12-16 May, with enrolments to open from 4 April and close on 26 April.

This will be followed by a sitting from 28 July to 1 August and finally the last for 2022 which will go ahead on 3 November.

The news comes after ASIC confirmed last year that during 2022, examinees sitting the first three exams could choose to sit the exam in an exam centre or through remote proctoring. From 1 October 2022, exams will only be available via remote proctoring.

In January, BT revealed that completing the exam was identified as the top priority for advisers in 2022.

“The implication, based on current law, is that these advisers will have been removed from the Financial Adviser Register as at 1 January 2022, and will no longer be able to provide personal advice to a retail client,” BT’s head of financial literacy and advocacy Bryan Ashenden said.

“It’s important to point out that they can still provide advice to wholesale clients, and help with running successful financial planning practices.

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“Furthermore, whilst they cannot be the supervisor of a new entrant undertaking their professional year, they can still act as a mentor – and so advice practices can still benefit from these advisers’ experience and expertise,” he added.

Neil Griffiths

Neil Griffiths

Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.

Neil is also the host of the ifa show podcast.