Guidance to be given on Sydney FASEA exam

FASEA fasea exam lockdown covid-19

8 July 2021
| By Chris Dastoor |
image
image
expand image

The Financial Adviser Standards and Ethics Authority (FASEA) will communicate in the next couple of days as to what Sydney exam takers’ options will be regarding the July exam which could be impacted by the lockdown.

The exam would be due to be held on 15 to 20 July but there was a possibility that in-person exams would not be allowed as Sydney’s lockdown had been extended by another week until 16 July.

Speaking at a webinar hosted by the Association of Financial Advisers (AFA), Amelia Constantinidis, FASEA standards director, said: “Given the breaking news [on Wednesday] regarding the extension [of the Sydney lockdown], I’ve been working with our exam administration to work through what the options are for the advisers that are impacted.

“Please make sure you stay close to your email as you will be emailed a number of options, hopefully by tomorrow or Friday at the very latest.

“We are on top of the situation trying to get as much advice as we can from the health experts in terms of what will be available and what we can and can’t do, and we will communicate it as soon as possible.”

During the Melbourne lockdowns last year, FASEA gave candidates the option to sit online or defer to a later sitting, although it was yet to be confirmed if that would be the case in this scenario.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

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

3 weeks 4 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 2 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

5 days 14 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

4 days 18 hours ago