Another FASEA exam in 2022 will remove “great uncertainty” if advisers need to re-take the exam in November, according to the Stockbrokers and Financial Advisers Association.
Industry associations have welcomed the one-off exam measure but would have liked the extension to have included those who had experienced significant events that had prevented them from passing the exam.
Phil Anderson writes how advisers can be supported in the in the run up to the FASEA exam deadline as this can be a stressful period for those yet to pass.
Career break is unlikely to be a reason to give relief on professional standards, according to guidance from the corporate regulator, and an industry association has called on the standards authority to give clarity on alternate pathways.