Kaplan Professional will help financial advisers prepare for the Financial Adviser Standard and Ethics Authority (FASEA) Financial Adviser Examination by providing free educational materials.
Kaplan said it will support financial advisers by offering free enrolment into all three versions of the Kaplan Adviser Practice Exam (KAPE), free monthly webinars focused on how advisers can perform at their best when preparing for the FASEA exam, and individual tutoring with experienced industry practitioners.
Kaplan Professional chief executive officer Brian Knight said the decision comes after FASEA revealed that nearly half of the advice industry is yet to pass the FASEA exam.
“We want to do as much as we can to support licensees and encourage advisers by providing free access to our comprehensive exam preparation resources,” Knight said.
“With only five sittings of the FASEA exam remaining after the next round in late January and early February, we believe it is now more important than ever for advisers to focus on their preparation as a matter of priority before they run out of time.
“We hope this will go some way towards helping advisers who are yet to pass with the support they need to sit the FASEA exam with as much confidence as possible.”
According to Kaplan, KAPE is the most authentic exam preparation resource available in the industry as it was designed to simulate the conditions, duration, and structure of the FASEA exam. Kaplan's subject matter experts write and regularly review the questions to ensure they are in line with FASEA's latest exam guidance.
“We know there are advisers out there who are apprehensive about sitting the FASEA exam or have failed and may be struggling with some self-doubt,” Knight said.
He added that advisers who passed the FASEA exam have until 1 January 2026 to decide whether to complete further study or exit the industry.
“Passing the FASEA exam will give these advisers more time to carefully consider what they want to do going forward, completing ongoing study or thinking through succession strategies,” Knight concluded.