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Industry body blasts discriminatory exam processes

Industry body blasts ‘discriminatory’ exam processes Industry body blasts ‘discriminatory’ exam processes An industry body has lodged a protest with FASEA against its “discriminatory” November 2020 exam sitting, which it says was narrowly focused on life insurance and caused up to 65 per cent of its members to fail. A A Stockbrokers and Financial Advisers Association chief executive Judith Fox told ifa the failure rate across major stockbroking firms for FASEA’s November exam was extraordinarily high and demonstrated the need for different specialisations to be better recognised within the new education standards. “It was up to 65 per cent [failure rate] across some of the different firms, because the exam had two-thirds of the questions on insurance,” Ms Fox said.

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