PA360: A 'myth' that younger generations do not want to work in advice

But new hires not ‘driven solely by money’, panellists say

Jen Frost
clock • 2 min read

It is a “bit of a myth” that the younger generation do not want careers in financial advice or financial planning, delegates at PA360 heard today (1 May).

Speaking on a panel on attracting the next generation of talent, MKC Wealth financial planning director Sarah Waring shared that she has overseen 50 to 60 trainees entering the profession. "They aren't driven solely by money," Waring said. "They want the flexibility, they want the progression." Firms may mistakenly be fearing that they might bring in new talent only for joiners to swiftly become leavers. "There's kind of a feeling that they won't be loyal, but in my experience that's not the case," Waring said. "I haven't historically struggled to attract good people into this indu...

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