Fees to update the Financial Advisers Register

Fees and notification periods apply for updating information on the Financial Advisers Register.

When a financial adviser's details change, the Australian financial services (AFS) licensee must update the Register within 30 business days.

Standard fees

A fee covers one financial adviser. For example, one fee for:

  • appointing (adding) one new financial adviser
  • updating multiple details at the same time about one financial adviser who is already on the Register
  • ceasing (removing) one financial adviser.

Appointing, updating or ceasing two financial advisers incurs two fees. Appointing, updating or ceasing 25 financial advisers incurs 25 fees.

If the person is both a financial adviser and an authorised representative, one transaction (one fee) updates both the Financial Advisers Register and the Authorised Representatives Register (you must select both role types in the transaction).

Transaction Fee
Appoint (add) $53
Appoint within 10 business days of AFS licence being approved No fee
Maintain (update) or correct

Multiple details can be updated or corrected for the same financial adviser in the same transaction

Cease (remove) $34

Late fees

Less than 30 business days' late

Over 30 business days' late




See Information on the Financial Advisers Register for a full list of information required.

You can apply to ASIC for a fee waiver in some circumstances. For more information, see Fee waivers.

Fees to add information

The following fees apply for the new information required as part of the professional standards for financial advisers from 15 November 2019.

Transaction Fee
For existing advisers  
Add principal place of business and email address No fee*
Select adviser role type No fee*
Add pass date for Financial Adviser Exam No fee*
Add CPD year start date (submit Form FS20) No fee*
For all advisers  
Notify failure to meet CPD requirements $34
Update qualification and training courses $34
Appoint (add) adviser $53

*Fee applies if other information is added, changed or updated in the same transaction

How to pay

When you make a transaction in ASIC Connect, you can choose to:

  • pay straight away using a credit card, or
  • pay later by BPAY or invoice.

If you choose to pay by invoice, the invoice will be emailed within 48 hours to the person who made the transaction.

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Last updated: 01/07/2022 12:37