Call to embrace career changers entering advice
The financial advice profession should be embracing career changers and mature students, according to two commentators, as well as targeting those new graduates.
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The financial advice profession should be embracing career changers and mature students, according to two commentators, as well as targeting those new graduates.
The NSW advice firm has acquired two advisory practices in Adelaide and one in Port Macquarie, representing its ambitious growth plans to expand across Australia.
Sleeping with a Professional Year candidate and borrowing money from clients are examples of real-life ethical breaches by financial advisers, according to a compliance expert, while a divorce may also be classed as a notifiable event.
There is room for more flexibility in the financial advice exam, according to FAAA chief executive Sarah Abood, and the organisation is advocating for this to be improved to prevent delays for new entrants.
With financial advisers on the government’s skills shortage list this year, could an influx of advisers coming from overseas help to bolster these numbers and how difficult is the transition?