Flaws in the PY fuelling young talent retention challenge

In this episode of The ifa Show, host Alex Burke is joined by Marin Wealth financial adviser Hannah Elliot to break down her time as a Professional Year (PY) adviser and her frustrations with the lack of guidance in the process.  Hannah explains why the lack of structure in the Professional Year made it a more stressful process and the impact this is having on smaller practices struggling to retain emerging talent.  Listen as they discuss:   How shadowing advisers is the best experience a PY can get on the job.  Why a lack of structure can lead to PYs being perceived as liabilities for firms.  The importance of financial literacy and how it can be raised through social media.