Financial adviser exam – July sittings

Financial adviser exam – July sittings


AFA News 8 July 2022. The dates for the July exam sitting are 28 July – 1 August 2022.  If you intend to book in for that exam you must do so before the close off date of Tuesday 12 July 2022.

Importantly, the July exam is the last available date for those existing advisers, who were eligible for the exam extension to 30 September 2022, to complete the exam.

We want to encourage advisers to sit and pass the exam so that we retain as many as possible of the 882 existing advisers who qualified for the exam extension and allow them to continue to provide valuable financial advice to everyday Australians.

If eligible advisers have not passed the exam, they will need to stop providing advice from 1 October 2022.

To become re-authorised after 1 October 2022 and to commence providing advice again, they will need to pass the exam, complete the education requirements and the professional year. Any adviser in this category will not have to apply for an ASIC Exam Eligibility Number (EEN), instead they can register directly with ACER using their FAR number

ASIC have published a Quick Reference Guide, which explains the actions an adviser needs to take in relation to their circumstances. Click here for link to guide.

Click here for ASIC information on booking the exam.

Webinar to assist advisers in passing the exam

On 21 July 2022 at 11am (AEST), we will hold a webinar to help advisers who are sitting the July exam.  This webinar will be facilitated by Farrell Platt, a former FASEA exam manager, who will share key focus areas and a simple 5 step process to improve your probability of success.  If you are planning to sit the July exam, this webinar is not to be missed.  Click here to register for this webinar.

Previous exam webinar

On 19 April 2022, we held a webinar with Dr Katherine Hunt, which was aimed at helping existing advisers navigate exam questions for success.  Dr Hunt provided practical techniques and examples to break down exam questions to identify the crux of what is being asked. This webinar is on the AFA Website for your viewing, and we encourage anyone sitting the July exam to watch it. Click here to access.

For any questions on the exam, please email

Issued 08.07.2022. AFA Policy & Education Update