Jane Hume (Victoria, Liberal Party, Minister for Superannuation, Financial Services and the Digital Economy) Share this | Hansard source

The Morrison government has extended the transition period, and advisers now have until January 2026 to complete the education requirements set before them. They also now have until the end of 2021 to pass the exam, but I remind them that, with time ticking, it's very important to note that there are only a further three opportunities to do so this year. We hope that all existing advisers will make the most of these very important opportunities. We have provided remote sitting options to assist advisers to sit the exam during the pandemic, and many have taken up that opportunity. The online exam can be taken at any time of the day or night, each and every day of the six-day sitting period, giving advisers the maximum flexibility to fit it around work and family commitments.