Joel Ronchi comments for the IFA article “New entrants face hurdles in securing professional year”

When licensees have a clearer number of how many advisers are left in the market at the end of the year, this will likely prompt them to consider setting up a pathway for taking on new entrants.

Since January 2019, new entrants were required to complete a Professional Year (PY) which comprised of 1,600 hours of work, at least 100 of which was structured training, before they could work as a financial planner.

You can read the full article here.