Professional Year News Today

As the financial advice industry looks to embrace career changers, Money Management speaks with a former teacher and international development worker who took the leap into advice.

Daily online news, analysis, feature articles, reports and business strategy geared to helping Australias financial planners and advisers drive business growth

Last year's program attracted more than 1,700 participants

Financial advisers are promised "greater flexibility" in gaining educational and training qualifications under new amendments proposed by Treasury.

The corporate regulator has confirmed it will incorporate legislative amendments to the financial adviser exam, with the March exam set to reflect the changes.

Money Management collates the recommendations of major associations and how they would like the financial advice exam to change in the future following consultation.

The Financial Advice Association Australia (FAAA) says it is in favour of the government’s proposed changes to the financial adviser exam. Late last year, the government released draft legislation a

Two Professional Year candidates have shared their thoughts with Money Management on ASIC’s proposed changes to the financial advice exam and what it will mean for their education path.

TAL’s three Professional Year initiatives successfully encouraged new entrants into the financial advice industry throughout 2023, including 16 candidates completing their PY through its PY Manager program.

Insurer aims to encourage new industry entrants