FASEA Exam Poll – Mixed Results

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For those yet to pass the FASEA Adviser exam, which statement most closely reflects your status:
  • I will take the exam this year for the first time (39%)
  • I will re-sit the exam this year (18%)
  • I've finally decided not to take the exam (16%)
  • Still not sure (14%)
  • I never intended taking the exam (13%)

Our latest poll has delivered mixed results for those advisers yet to pass the FASEA exam.

As we go to print, a solid six advisers in 10 yet to pass will either take the exam for the first time this year (43 percent) or intend to re-sit the exam (17 percent).

On the other hand, around one adviser in four has either finally decided they will not be taking the exam (14 percent) or never intended taking it (12 percent), while 14 percent are still unsure what they will do.

FASEA has noted it is offering six sittings this year and to maximise the number of potential sittings an adviser may have, it’s encouraging advisers to book for early sittings. Advisers who sit either the January or March 2021 exams will have up to three sittings available to them.

For the 48 percent of advisers on ASIC’s Financial Adviser Register yet to pass the exam (see: 11,000+ Advisers Have Passed FASEA Exam), there’s also help available in preparing for the exam with one organisation offering masterclasses and another offering free exam preparation help (see: Help at Hand for Advisers Planning to Sit FASEA Exam).

If you haven’t already voted in our poll, what are your intentions? The poll remains open for another week and we’re still keenly interested to hear your views…



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