I heard at a conference recently there was a total of 3 Australia wide currently doing the PY.I'm not sure how accurate that is - but given the exodus from advice of licensees and advisers it should be a massive concern. Over-regulation has brought this about.I know a number of 30 -40 year olds with relevant degrees that have already exited the industry or exited the country to practice overseas. These people were seen as the industries future, instead they are lost permanently.
At what point is there a wake-up call? At what point do people consider that all of this change may not be for the better?What is the goal? It should be affordable and accessible advice.On what reasonable measure should the government and regulators be assessed?I suppose you can define an industry as clean when there is no industry.
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