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
Advisers lean on AQF7 to meet education standards: Rainmaker
A new report indicates that Australian Qualifications Framework (AQF) 7 qualifications are the most common forms of qualification among financial advisers, held by 85% of the population.
Labor commits to compulsory super for under-18 workers
Labor has unanimously supported extending superannuation to under-18 Australian workers.
Trump slugs Australia with new 'forced-labour' tariffs
US President Donald Trump will slug trading partners, including Australia, with new tariffs of 10% to 12.5% on the premise of pressuring foreign governments to strengthen bans on "the importation of goods produced with forced labour."
Centuria quashes governance allegations amid fund downgrades
Centuria Capital Group has swiftly provided a response to media reports suggesting that its exposure to the Bathla Group, a Sydney-based property constructor and developer, raised questions over its governance, following a downgrade of one of its private credit funds this week.
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
Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
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