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Home > Education and professional standards for financial advisers > Financial Adviser Examination Preparation Support
Once you enrol into KAPE, you’ll gain access to online preparation resources. You’ll be provided with login details where you can access preparation material, including:
Designed to simulate the structure, duration and exam conditions of FAS’s Financial Adviser Examination*, this online proctored practice exam covers content from FAS’s three knowledge areas:
We recommend giving yourself a total of 3.5 hours (including 15 minutes’ reading time) to complete 64 multiple-choice questions and 6 case studies with a number of short-answer questions associated with them.
You’ll have access to all three versions of KAPE for 6 weeks from the day your enrolment is activated.
Download the enrolment form here
You can enrol in KAPE for $50. This includes three different versions of the practice exam.
On enrolment, you’ll gain access to three versions of KAPE with a different set of questions in each based on FASEA’s three knowledge areas. To offer more flexibility, you’ll be able to complete each version unsupervised without online proctoring, with one attempt for each version of the exam available.
KAPE is now delivered remotely. This means you can now sit KAPE in the comfort of your own home or office.
You’ll have 6 weeks from when your enrolment is activated to sit all three practice exams. You’ll have access to one attempt of each version of the exam available to you from the day of activation.
You’ll be provided with your individual results approximately one week* after you sit a version of the practice exam. Your results will be made available within KapLearn**. This will allow you to pinpoint possible areas of improvement prior to sitting FASEA’s Financial Adviser Examination.
Please note, you won’t be eligible for CPD points by completing KAPE.
*During periods of significant volume, this timeframe may be extended. **KapLearn is Kaplan Professional’s online learning management system.
The benefits of completing KAPE include:
There are three versions of KAPE available with a different set of questions based on FASEA’s three knowledge areas.
You’ll have 6 weeks from when your enrolment is activated to access all three versions of KAPE.
The results for each of the three knowledge areas is a combined grade for the multiple-choice and short-answer questions. Assessor feedback is provided for each attempted short-answer question in each of the knowledge areas. No additional feedback is provided for multiple-choice questions to preserve the integrity of the practice exam.
The pass mark for the practice exam is 65%. It’s possible to pass the overall practice exam without passing each knowledge area.
Have you sat the Financial Adviser Examination and need to re-sit?
Kaplan Professional is pleased to offer one-on-one tutoring sessions for those who’ve attempted the Financial Adviser Examination and KAPE but are yet to pass.
An experienced industry practitioner will conduct an initial consultation with you based on your results of both the exam and KAPE and will work closely with you on the areas where improvement is required.
Exam preparation tutoring sessions will be available at a cost of $400 + GST. To register your interest, please book a consultation below.
All consultations will be treated with respect, empathy and understanding. To arrange an individual or corporate consultation, complete the form below. The information you fill out will help our knowledgeable team offer timely support best suited to your needs.