Preparing for the FASEA Exam – new practice questions

AFA News 18 March 2021. FASEA have taken a number of steps recently to help advisers prepare for the exam, including releasing a new document with practice questions last week.

Click here to access Practice Question Guidance Version 9.0 released in March 2021.

The FASEA exam is testing the following three areas:

  1. Financial Advice Regulatory and Legal Obligation (including Corporation Act Chapter 7, AML, Privacy and Tax Agents Services Act (TASA) 2009)
  2. Financial Advice Construction – suitability of advice aligned to different consumer groups, incorporating consumer behaviour and decision making.
  3. Applied Ethical and Professional Reasoning and Communication – incorporating FASEA Code of Ethics and Code Monitoring Bodies.

To help you prepare for the exam, FASEA provide a number of resources including these practice questions.

The next exam sitting takes place between 25 and 30 March 2021.  Registrations for this exam have now closed.  You can register for the May 2021 exam now.

FASEA are providing webinar support to those who are registered for an exam.  It will be highly beneficial for you to attend the FASEA webinar before sitting the exam.

Click here for information on how to book the exam.

Issued 18.03.2021. AFA Policy & Education Update