First 2023 adviser exam open for enrolments

ASIC/exam/FASEA/education/

10 January 2023
| By Laura Dew |
image
image
expand image

Enrolments for the first financial adviser exam of 2023 open today (10 January).

Bookings were now open for the adviser exam on 16 February and cost $1,500, they would close on 30 January.

All exams held this year would be held remotely compared to the option of remote or in-person which was offered last year.

If a candidate was a new adviser, their eligibility to sit the exam would need to be assessed by the Australian Securities and Investments Commission (ASIC) beforehand. They would then be issued with an exam eligibility number to make a booking.

To make sure an exam eligibility number was issued in time, AFS licensees were urged to apply for an exam eligibility number through the ASIC Regulatory Portal no later than 15 days before the last day of the exam booking period.

The next set of exams following this would be held on 11 May.

In the most-recent adviser exams, held in November, 57% of the 282 candidates received a pass mark. This was up from 52% in the previous sitting and from 42% in May.

However, it was from a smaller pool of candidates with only 282 sitting in November compared to 628 sitting in July and August and 496 in May. 

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

1 month 4 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 3 days ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 2 days ago

The Federal Court has made interim orders to freeze the assets of a managed investment scheme, its responsible entity, and a director....

1 month ago

TOP PERFORMING FUNDS