FASEA Extensions – Worth the Wait?

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Will the FASEA exam and education extensions have a positive impact on your plans for the future of your advice business?

In September last year we asked you if the then proposed FASEA extensions would have a positive impact on your plans for the future of your advice business and, at the time, many advisers welcomed the proposed extensions.

So now, with the extensions finally passing into law after a challenging journey through both Houses, we are wondering if you still feel the same way. (See: Industry’s Warm Welcome for FASEA Exam Extensions).

Last September, just over half of respondents said the proposed extensions would have a positive impact while more than a third felt it would not. Ten percent weren’t sure.

The Treasury Laws Amendment (2019 Measures No. 3) Bill had a challenging and, for the industry, frustrating time getting through both Houses. (See: FASEA Exam Extensions Down to the Wire).

So, now that the political wrangling is over, how will the exam and education deadline extensions impact on your plans for the future of your advice business?

We’re interested to see whether over the past nine months your thinking has changed and we’ll report back on the results next week…



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