Exam preparation courses boost pass rate

FASEA exam preparation course

A FASEA exam trainer has offered more courses in preparation for the final exam, revealing an average success rate higher than industry normal.

A training firm that helps advisers with their preparation for the Financial Adviser Standards and Ethics Authority (FASEA) exam has released its final training schedule, including short-term intensive courses, pointing to its high success rate to date.

The Cram 4 Exam program, offered via AccountantsIQ and led by Bronny Speed, has resulted in advisers taking the course scoring an average pass rate of 75 per cent, higher than the industry average success rate of 60 per cent.

“I am delighted that some SMEs (small to medium-sized enterprises) have gained pass rates of closer to 90 per cent in their first sitting after attending our Cram 4 Exam course,” Speed said.

“Also, pleasingly, many of those with limited AFSLs (Australian Financial Services Licences) have passed after having sat our course. Given they aren’t even licensed to be able to provide advice across the entire FASEA curriculum, this is an outstanding achievement,” she added, noting this allowed practitioners to remain on the Financial Advisers Register.

Speed, who is a chartered accountant and former maths teacher, said the program had tailored FASEA exam preparation material for professionals, including accountants, stockbrokers and financial advisers, who have minimal time to prepare or are anxious about the exam.

“There is one final chance in 2021 to pass the exam. We are passionate about advice and education and we really want to maximise the opportunities of success for advisers,” she said.

“We focus on exam tips and techniques, practice exam questions and succinct technical content, and we’re yielding positive results and feedback.”

The next Cram 4 Exam training series will commence on 28 September, with all sessions to be recorded in order to allow participants to revise and ask questions regarding the material, and a half-day intensive course will take place on 22 October.

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