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As with everything else, the exam was affected by the COVID-19 pandemic which meant the introduction of remote proctoring.  And finally, Santa Claus arrived early for many advisers as the Government announced FASEA would be rolled into Treasury and the Australian Securities and Investments Commission (ASIC).  The ending of FASEA did little to change education requirements, but given how difficult FASEA had been to work with and the anxiety in the industry, there was optimism it might help usher in other changes to make the education requirements more workable to retain more advisers. By its end, FASEA was virtually universally despised, but although there was support for increased standards in the industry, which included support for an education standard, how did it go so wrong?

New south walesEugene ardinoKelly odwyerDon trapnellSanta clausJane humeCatherine walterJoel ronchiStuart robertPhil andersonHayne royal commissionInvestments commissionEthics authorityFinancial servicesFinancial planning associationAssociation of financial advisers