FASEA scraps 3-month exam wait
FASEA scraps 3-month exam wait
Advisers will be given a final chance to sit the last exam session of the year, with the standards authority eliminating a key roadblock for those who’ve been unsuccessful in previous sessions.
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In a statement, FASEA said it had made the decision “to provide all financial advisers who have yet to pass the exam, the option to sit the November Exam irrespective of the timing of their last sitting .
“To give effect to this, the Corporations (Relevant Providers Exam Standard) Determination 2019 will be amended to provide relief from the 3 month registration requirement. This amendment will provide financial advisers with two opportunities to sit the exam before the end of the current transition period (being either July and November sittings or September and November sittings),” the standards authority said.
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