In the June cycle, 209 candidates sat the exam, including 137 who were sitting for the first time.
Out of the 209,150 passed, representing a pass mark of 71.7 per cent.
This figure is relatively unchanged from the March results, which saw a pass mark of 71.6 per cent, but highlights a growing level of consistency given the fluctuating marks of 2025.
| Sitting | Pass mark |
| June 2026 | 71.7% |
| March 2026 | 71.6% |
| November 2025 | 67.5% |
| August 2025 | 68% |
| June 2025 | 66% |
| March 2025 | 73% |
Source: ASIC, July 2026
The exam results follow ASIC’s compliance crackdown on advisers whose qualification records on the Financial Advisers Register (FAR) appeared incomplete or inaccurate, a move that sparked concerns over another wave of adviser exits from an already depleted profession.
The regulator identified around 160 advisers whose records suggested they had not met the education standard and contacted 82 licensees as part of a targeted review.
The exercise ultimately resulted in more than 100 adviser records being updated, while 17 advisers ceased providing personal advice and a further 15 had their authorisations removed after their qualifications could not be verified.
The exam remains a massive waste of time and resources and an unnecessary barrier to entry to our profession.