More advisers fail FASEA examBY KARREN VERGARA | FRIDAY, 10 DEC 2021 1:53PMOnly half of the financial advisers who sat the November exam passed, making this the lowest pass rate on record. Related News |
Editor's Choice
Superannuation assets inch to nearly $4.8tn
Total superannuation assets hit nearly $4.8 trillion in the last financial year, marking a 9% rise, namely driven by the rise of industry funds.
Australian instos inject $705m into Nuveen strategy
Brighter Super and JANA are among a group of Australian institutional investors who have injected $705 million into Nuveen's Arcmont Asset Management European direct lending strategy.
Macquarie names new wrap platform lead
Macquarie has appointed a new head of wrap platform after Michelle Weber stepped down from the role following a 13-year tenure at the company.
Invesco APAC head to retire
Invesco Asia Pacific chief Andrew Lo will retire from the global asset manager next March after 32 years with the firm, closing out more than three decades spent building its presence and partnerships across the region.
Videos
Brought to you by ![]()
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Liza McDonald
HEAD OF RESPONSIBLE INVESTMENT
AWARE SUPER
AWARE SUPER
Liza McDonald would have you believe her path from a legal secretary to the head of responsible investment at Aware Super was a matter of good fortune. Her career says otherwise. Riddhima Talwani writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Fasea does not answer calls nor do they provide individual feed back, they are liars making this statement. I have sat the exam and failed and the feedback is exactly the same with both exam results, basically do the whole study suggested, no improvement from previous sitting which was impossible as I applied myself. Is it possible they are weeding out older advisers with the experience and looking for younger advisers to adhere to their new goals moving forward!!!
i agree with your comments. i have failed the exam also and get no feed back at all. they dont answer calls, and certainly dont bother to reply by email and if they do, they just say that they cant help anymore.
this is a disgrace, and needs to be addressed, it makes me feel like I'm no good as a planner, and i know that isnt the case. where to form here, who would know