How to enrol for the financial adviser exam and where to find important exam information

23 December 2021

  • The first sitting of the financial adviser exam, administered by ASIC, commences 17 February
  • Financial advisers have from 10 January to 28 January 2022 to book for the February exam sitting through our booking link.
  • For more information relating to financial advisers, including the financial adviser exam, visit the Financial Advice Hub.

ASIC recently announced the first sitting of our administration of the financial adviser exam in 2022 (21-357MR). The February 2022 sitting will be held on the following dates:

Exam Month

Exam Date

Sitting 16 - February 2022

Thursday 17/2

 

Friday 18/2

 

Saturday 19/2

 

Monday 21/2

Enrolments for this sitting will open from 10 January 2022 and close on 28 January 2022.

Note: The booking platform will be unavailable until registrations open 10 January 2022. Advisers will not be able to book their exam sitting prior to 10 January 2022.

Below we have outlined information about how advisers can enrol for 2022 exam sittings. the eligibility of new advisers and foreign advisers to sit the exam, and where to access further informatios about the exam.

How to enrol for the 2022 exams

To enrol for the exam, candidates can navigate to the exam booking link, found in the Financial Advice Hub. Clicking on the booking link will take candidates to the Australian Council for Education and Research (ACER) online booking portal. Candidates will be able to select their preference to sit the exam at one of the exam centre locations, or to sit the exam remotely.

Upon completion of the enrolment form, candidates will be directed back to the ASIC website to pay the exam fee of $973. The exam fees are prescribed by the Government in the Corporations (Fees) Amendment (Relevant Providers) Regulations 2021 (Cth) (Regulation). Payment of the fee can be made by credit card (MasterCard or Visa Credit/Debit). American Express (AMEX) card, Diners Club card. Personal cheques and cash will not be accepted. Candidates will receive a payment confirmation, which they should retain for their records.

ACER will issue an Admission Ticket to candidates prior to the exam. Candidates must keep the Admission Ticket, which will be used to show that candidates are currently enrolled and have paid for the exam.

New financial advisers and foreign advisers

If you are a new financial adviser, or a foreign adviser, ASIC will need to assess your eligibility to sit the exam before you can book for an exam.

If ASIC determines that you are eligible to sit the exam, you will be issued with an exam eligibility number which you must use to book for the exam. For information on how to obtain an exam eligibility number, see Eligibility to sit the exam.

Information on the exam

To provide support to candidates, ASIC has published the guidance and resources on the exam (including videos) previously hosted by the Financial Adviser Standards and Ethics Authority (FASEA).

This includes information about the exam policy, how remote proctoring works, how to prepare for the exam, FASEA’s practice questions guidance for candidates, and FAQs on the exam.

All of this information is available in our new Financial Advice Hub.

Last updated: 23/12/2021 11:00