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Home News

FASEA releases exam relief instrument

The standards authority has made official its temporary suspension of the waiting period between exam sittings for advisers.

by Reporter
August 19, 2021
in News
Reading Time: 1 min read
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In a statement, FASEA said it had registered the Corporations (Relevant Providers Exams Standard) (Amendment No. 1) Determination 2021 on the Federal Register of Legislation.

The authority said it had received eight industry submissions during the consultation process around the instrument.

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“The amendment instrument provides relief from the 3 month registration requirement for the November exam, enabling all advisers yet to pass the exam the ability to register irrespective of the date of their last sitting or how many sittings,” FASEA said.

The authority said bookings were open for the November exam sitting that would run from 11 to 16 November.

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Comments 7

  1. Anon says:
    4 years ago

    I’d be embarrassed to tell anyone I left it this late. The walk of shame.

    Reply
  2. Passed says:
    4 years ago

    If you haven’t passed by now. Get out. Clearly you are an unorganised person. Fasea standards require you to do things in a professional and timely manner!

    Reply
    • Also passed, but also empathic says:
      4 years ago

      Why should they “Get out”? Advisors have until the end of the year to pass this exam. You have written a judgmental, unfair and assuming comment. FASEA also requires advisors to look at the bigger picture surrounding ones circumstances. Please take a breather.

      Reply
    • Anonymous says:
      4 years ago

      Sarcasm or real? If real, awfully narcissistic.

      Reply
  3. Still Concerned says:
    4 years ago

    This only works if FASEA can expedite the results for the September sitting so that unsuccessful candidates will be able to meet the November exam registration close off on 29th October

    Reply
  4. Last cows to the trough says:
    4 years ago

    “irrespective of the date of their last sitting [b]or how many sittings,[/b]” Hang on, what? So now someone who has already failed three times can have a last crack? REALLY?! What the hell is the point of doing the exam then? It’s already open book. Trying to get the last grab for cash that they can, eh? FARCEA has never been about proving or improving the ethics of financial planning and has always been a cash grab for the education providers who sat on the conflicted FARCEA board to begin with.

    Reply
    • Anon says:
      4 years ago

      Whilst I agree with your broad sentiment, please note that there was never a 3 attempt limit on the FASEA exam.

      This is one of the many myths that gets repeated as gospel by uninformed advisers, who place too much emphasis on the rantings of their noisy colleagues, without checking the facts.

      Reply

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