The Australian Securities & Investments Commission has published the results of the 31st Financial Advisers Exam cycle held in November 2025, reporting candidate numbers and the pass rate for the cohort. A total of 308 people sat the exam, with 67.5% (208) passing; 75.6% (233) of candidates were first-time sitters. Results are issued on a pass or fail basis under the Corporations (Relevant Providers – Education and Training Standards) Determination 2021, and unsuccessful candidates will receive general feedback from the Australian Council for Educational Research on areas of underperformance. The next exam is scheduled for 5 March 2026, with bookings open from 23 January 2026 to 13 February 2026; cumulatively, 22,386 candidates have sat the exam and 20,754 (92%) have passed.
Australian Securities & Investments Commission 2025-12-05
Australian Securities & Investments Commission releases November 2025 financial adviser exam results
The Australian Securities & Investments Commission released results from the 31st Financial Advisers Exam cycle, showing a 67.5% pass rate among 308 candidates, with 75.6% being first-time sitters. The exam results are governed by the Corporations (Relevant Providers – Education and Training Standards) Determination 2021, and unsuccessful candidates will receive feedback on areas of underperformance.