DON’T LEAVE IT TO CHANCE!

Success comes from preparation

A practical hands on program designed to get you exam ready

Developed by Practitioners | Facilitated by Industry Experts

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 Course is 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
SELF SERVICE PROGRAM

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 unnecessary additional supporting videos or technical materials.  This program is designed for those who do not need additional guidance or support, and would still like to undertake an online ‘practice exam’.

Individual rate – $145 (ex. GST)

Group rates apply for 5 or more – call 1300 400 346 for quote

Intakes – Register your expression of interest

Enrolments open late June

Register Now
ONLINE TUTORIAL PROGRAM

How is the Online Program structured?

If you would prefer to prepare for the exam in your own time in the comfort of your own home or office, then our Online Program is for you.

You will be given access to videos, recommended reading list, and practice exam questions covering the Exam ‘knowledge areas’ as identified by FASEA.    This option allows you to study at a time and place that suits your busy schedule.

Individual rate – $495 (ex. GST)

Group rates apply for 5 or more – call 1300 400 346 for quote

Intakes – Register your expression of interest

Enrolments open late June

Register Now
FACE-to-FACE WORKSHOP PROGRAM

One Day structured workshop PLUS post-workshop ‘practice exam’:

  • Indepth review of the THREE exam ‘domain’ knowledge areas & recommended reading documents
  • Exam preparation techniques
  • Practice exam under exam conditions
  • Discuss approach to Multiple choice & Case Study questions
  • Get you ‘exam ready’

Individual rate – $895 (ex. GST)

Group rates apply for 5 or more – call 1300 400 346 for quote

Next Intake/s – Register your expression of interest

18th July & 22nd August (Melbourne)

Register Now

Key facts about the FASEA Exam

  • 70 questions – 64 multiple choice questions (MCQ) & 6 short answer questions requiring written responses or report writing.
  • 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