A large majority of advisers who sat the first FASEA exam have been notified they have passed as increasing numbers sign up for the next two rounds of exams.

FASEA has released the dates and locations for the next two rounds of its mandatory adviser exam, including new regional locations, but will take another two weeks before it releases results from the first round of exams.

FASEA has confirmed coursework related to professional accounting designations will count towards its mandatory education standards for financial advisers.

A number of industry experts have joined forces to create a program to help financial advisers prepare for the FASEA exam.

The continuing professional development model from FASEA has provided clarity around ongoing training, but has also set strict benchmarks for advisers.

FASEA has released its Education Pathways Tool to provide new and existing advisers feedback on their education requirements.

SMSF advisers holding a specialist designation will be given credit towards meeting the new FASEA education standards.