The November exam was sat by 308 people and had a pass mark of 67.5 per cent, representing 208 people.
This is largely unchanged from the past two sittings which had a pass mark of 68 per cent in August and 66 per cent in June.
To date, 22,386 individual candidates have sat the exam. Of these, 20,754 (92 per cent) candidates have passed the exam, demonstrating they have the skills to apply their knowledge of advice construction, ethics and legal requirements to the practical scenarios tested in the exam.
The next exam will be held on 5 March 2026. The booking period for this exam opens 23 January 2026 and closes 13 February 2026.
At the start of 2024, ASIC announced changes to the exam structure which saw the removal of the short-answer questions in the exam and increased the number of multiple-choice questions. It also removed the requirement limiting exam participation to new financial advisers who have completed an approved degree and existing providers.
68% sound very low. I thought these guys have university degrees.