py | Money Management

PY

Financial planning

There are 16 days until Quality of Advice Review deadline this month, so Money Management has crunched the numbers on the current state of the adviser landscape....

Financial planning

Culture critical to retaining advisers after PY

A panel have shared how advisers can reduce fears around retention when taking on a new adviser on their Professional Year....

Financial planning

Looking beyond the Professional Year

One of the most important factors to a successful Professional Year strategy is for firms to look beyond the 12-month horizon and how a candidate can develop at the firm ...

Financial planning

Support needed to encourage advice firms to hire

While 2022 is showing the continuation of a surge of new advisers, it is not enough to offset those leaving the industry, according to Wealth Data....

Financial planning

Is an adviser ‘finishing school’ an answer to PY burden?

A financial adviser has suggested a practical training school for soon-to-be advisers would relieve some of the professional year burden from existing advisers....

Financial planning

Fresh faces for PY will be uncommon

While fresh-faced candidates straight out of their degree will attempt the professional year, the traditional career path of client services and paraplanning first will b...

Financial planning

PY compliance 'overboard'

While training and supervision is important to develop a new adviser, the professional year compliance requirements are “overboard”, according to a financial adviser....