FASEA issues adviser exam proposalsBY JAMIE WILLIAMSON | WEDNESDAY, 11 JUL 2018 4:39PM![]() The Financial Adviser Standards and Ethics Authority released its draft guidance on the five key areas existing financial advisers will be tested on under the new education requirements. Related News |
Editor's Choice
MLC AM targets EM strategy with fresh mandate
|MLC Asset Management has selected a global investment manager to leverage its 16-year-old emerging markets strategy.
Digital assets on the right path: Industry
|Digital asset providers have evaluated the October deadline and ASIC's consultation on the looming digital asset laws and determined that these developments mark a pivotal point on the sector's implementation journey.
NCAs unlikely to solve retirement advice gap: HUB24, CFS
|HUB24 and Colonial First State (CFS) say the New Class of Advisers (NCA) will unlikely solve the retirement advice gap Australians face, noting the focus needs to be on helping reduce friction for those with complex advice needs.
AustralianSuper rolls out new investment data platform
|AustralianSuper has implemented a new investment data platform designed to improve portfolio oversight, risk management and decision-making as the superannuation fund expands its global operations.
Further Reading
Products
Expert Feed
Featured Profile

David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.








4 hours? I hope they allow for toilet breaks. Sounds more like a marathon than an exam.
What 'exam' is FASEA proposing for pure RISK advisers? I've seen no mention of this. We have the story here about an exam for financial planners but nothing about what will be expected of RISK-only advisers which are a fully different discipline to investment advisers. Why never any mention in these stories FS about this? I hope FASEA or whomever writing the rules comes up with something for risk advisers - surely you don't test a risk adviser on the same material as an investment adviser?! If so we will get real-estate people to do this new FASEA exam for investment advisers will we? A separate qualification for risk advisers is being IGNORED blatently by media, FASEA, FPA, Life companies et al. One question: WHY? This is laziness or is it purposeful? Please explain Pauline?!