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The Financial Adviser Standards and Ethics Authority (FASEA) will soon release its Exam results the steps in this article will help you understand how to check with details on registration and login process so that you can check successful for your fasea examination scores.

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ASIC adviser exam results november 2023

currently all the details regarding the schedule and the exact date of the release of Financial Adviser Exam can be found on the official website and social media pages last year November request for a remark adviser where required to email faexam@acer.org before the month of December.

FASEA Exam results 2023

To check for all updates about FASEA Exam results, make sure you are registered on asic.gov.au database
check the News centre
Note important dates

For more information about how to register and login=> www.asic.gov.au

to check for your scores, don’t worry you will be notified by ASIC by email, or you can also check more updates on your Examination centers so just be calm down and wait for the official date of release of the Examination results.

The exam has been continuously conducted by the Australian Council for Educational Research (ACER) since its inception and follows a rigorous process to ensure all candidates in all cycles are held to the same standard.

Conclusion

All financial adviser exams are adjusted to a common and consistent scale across different cohorts and exams through appropriate test design and statistical equating. This is to ensure that all candidates, in all cycles, are held to the same standard.

ASIC has adopted the administrative arrangements put in place by FASEA to ensure consistency in delivering the exam, and equity between past and current candidates.

When can I book to sit the exam?

Bookings to sit the exam are only open during the booking period for each sitting as listed in the 2022 exam schedule.

Is the exam a ‘once-only’ exam?

Yes, the exam is a once-only exam that all financial advisers must pass. There is no requirement to pass the exam annually.

When will FACEA exam results 2022 released?

Your results will be available between six and eight weeks after sitting the exam. Once notified, you will be able to access the results using your online exam account that you created when you booked to sit the exam.

How to check FASEA Exam Results 2022/2023

To check for all updates about FASEA Exam results, make sure you are registered on official website asic.gov.au database
Check the News centre
Note important dates

Can I request a re-mark?

ACER will not enter appeals against exam results, with the sole exception of requests for the re-marking of written response questions. Requests for a re-mark need to be submitted to faexam@acer.org within the timeframes advised by ASIC and will be actioned upon the payment of a re-mark fee of $218.

If I fail, how long must I wait before I sit the exam again?

You can book for the next exam sitting.

If I fail, how many times can I re-sit the exam?

You can re-sit the exam as many times as you need to pass it.

What is the cost to re-sit the exam?

The exam will cost $973 for each sitting.

When I re-sit the exam, can I complete only the parts that I failed? FASEA Exam Results 2022/2023

No, if you fail the exam you will need to re-sit the entire exam.

Why does it take so long to receive my FASEA Exam results 2022/2023?

The research-based approach used by ACER for the marking of the exam to determine results takes time. Although the multiple choice questions are quickly scored, the analysis can only be undertaken when the written responses have been double-marked and adjudicated.

In order to fairly compare candidates from one exam cycle to another, the raw scores are converted to a standardised scaled score, and then the standard-setting process is undertaken.

This approach may be quite different from practices used by some tertiary institutions where a determined raw score constitutes a pass or fail. It may also be the practice in some institutions to determine a percentage of students who pass according to distribution under a bell curve. This is not the case for this exam.

The approach taken for the exam is an internationally recognised measurement methodology and allows for fair comparison between cohorts over time.

The analysis steps ensure rigour and therefore take time but are necessary to ensure that accurate and fair results are provided to every candidate. It will take six to eight weeks to complete the process and release the results.