Online or Workshop

...the CHOICE is yours!

ALL FASEA Exam Preparation Courses include an online, timed PRACTICE EXAM
with individual marking & feedback provided

Financial Advisers and Financial Planners must pass the FASEA Exam for Financial Advisers as governed by the Financial Adviser Standards and Ethics Authority (FASEA).  Integrity’s FASEA Exam Preparation Courses are based on the FASEA Exam Curriculum and Recommended Reading List detailed in FASEA’s FG003 Exam Preparation Guide and:

  • You receive detailed notes and workbook for your study
  • the FASEA Exam Preparation Course is designed to give you tips, tools and insights on how to best prepare for the exam 
  • supports you with extensive reference materials aligned to the exam 
  • 8 CPD Hours

CHOOSE a PRACTICE EXAM Option that suits YOU

Which FASEA Exam Preparation option works best for you? Practice Exam Only if you only want to sit a Practice Exam before the real thing, or Practice Exam Online Program if you want to a ‘targeted’ study approach, at your own pace, or our Practice Exam Workshop Program if you value bouncing ideas around with Peers whilst analysing relevant Case Studies.

8 CPD Hours
FASEA Exam Prep Course

ASIC Exam Masterclass (Webinar) Program

You get the best of both worlds with this option.
You receive all the additional resources & benefits of the Online Study Program, with the enhanced learning that comes from a 'Peer Supported' workshop environment.

FASEA Exam Practice Questions

FASEA Exam Module (Practice)

Ideal if you’re happy to go it alone. We give you the tools and the rest is up to you! Receive online access to the FASEA recommended readings and an online ‘practice’ Exam, without any unnecessary additional supporting videos, guidance or supplementary materials.

SNEAK PEEK – Webinar Session 1 (2020): Exam Tips, Corporations Act, & Financial Advice Construction

This is a recent recording from our FASEA Exam Prep Program Masterclass Webinar 1 (of 2) in which we delve in to the FASEA Exam and how it’s constructed, investigate and review helpful Exam Tips, the Corporations Act, and Financial Advice Construction.  Call 0408 056 679 if you’d like complimentary access to the full 3.5 hour webinar.

Key facts about the FASEA Exam

  • at least 70 questions – 64 multiple choice questions (MCQ) & at least 6 short answer questions requiring written responses.
  • Duration – candidates have 3.5 hours to complete the FASEA exam, which includes 15 minutes reading time.
  • Environment – exam must be completed at an approved examination centre using a computer provided by the exam administrator (special exemptions can be applied for). The computer must give electronic access to statutory materials and materials published by ASIC and other relevant regulators as specified by FASEA.
  • Exam result – FASEA Exams will be marked to a credit level and the candidate will be awarded a “pass” or “fail” on this basis.
  • Timetable – FASEA Exams will be scheduled quarterly from mid 2019 and bi-monthly in 2020.  Additional exams may be scheduled based on demand.

What does the FASEA Exam cover?

The exam allows candidates to demonstrate professional reasoning and apply knowledge acquired to financial advice scenarios at AQF 7 level of reasoning. The FASEA Exam covers three domains of knowledge and skills and Integrity’s FASEA Exam Preparation Course is based on these:

1. Financial Advice Regulatory and Legal Obligations (including Corporations Act – Chapter 7, Anti-Money Laundering (AML), Tax Agents Services Act (TASA)) – the proposed learning outcomes are to:

  • Identify the obligations of relevant providers under Chapter 7 of the Corporations Act 2001
  • Articulate the importance of a Statement of Advice (SOA) and identify the essential requirements required under Chapter 7 of the Corporations Act
  • Articulate the consequences of breaching their financial disclosure obligations under Chapter 7 of the Corporations Act
  • Understand the requirements of the notification obligations for breaches of Chapter 7 of the Corporations Act
  • Compare and contrast legal requirements for individual and licensee
  • Apply legal requirements for AML/CTF legislation when providing advice
  • Apply legal requirements for Privacy legislation when providing advice
  • Articulate the requirements for compliance with the Tax Agents Services Act 2009 requirements as a registered Tax Adviser

2. Applied ethical and professional reasoning and communication – the proposed learning outcomes are to:

  • Explain the requirements specified in the FASEA Code
  • Articulate the importance of a code of ethics and why financial planners/advisers need to work and abide by the approved code in the context of professional standards
  • Apply ethical frameworks to address issues and dilemmas that are encountered as a financial planner/adviser
  • Identify and demonstrate the importance of a relevant provider acting with Integrity and in the best interests of each of their clients
  • Evaluate the need for due diligence and the need to maintain client files and records

3. Financial Advice Construction – suitability of advice aligned to different consumer groups – the proposed learning outcomes are to:

  • Define the environment in which financial product advice is sought and given for new and existing clients
  • Explain the need to prevent and avoid misconduct and inappropriate advice
  • Broadly understand population and community profiles at a retail client level
  • Identify different types of consumer behaviour and decision making
  • Evaluate and apply advice strategies suitable for different retail clients
“We recently had Joel present a very informative FASEA presentation to our Advisers at our PD Day. The session was the most highly ranked and most valuable topic conducted on the day. All our Advisers enjoyed it and it was a very interactive session. We look forward to working with Joel on our FASEA requirements moving forwards.”
Stuart Abley, Executive Director - Wealth Solutions
Canaccord Genuity (Australia) Limited AFS Licence 234666
“Joel Ronchi recently presented to our national adviser team and his knowledge on the FASEA requirements is exceptional. We all found Joel to be approachable and highly skilled in all things FASEA. The team is looking forward to working closely with Joel in the months ahead!”
Rudi Haddad, Head of Practice Management & Technical Advice Delivery
Wealth Market (AFSL 482898)

Become 'Exam ready' - choose from 3 FASEA Exam Preparation Courses!