{"id":69192,"date":"2023-12-19T10:47:29","date_gmt":"2023-12-19T00:47:29","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=69192"},"modified":"2023-12-19T13:03:21","modified_gmt":"2023-12-19T03:03:21","slug":"more-than-100-afsls-using-py-platform","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2023\/12\/19\/more-than-100-afsls-using-py-platform\/","title":{"rendered":"More than 100 AFSLs Using PY Platform"},"content":{"rendered":"<p>More than 100 Australian financial services licensees currently use TAL\u2019s PY Manager platform, with the insurer noting its Professional Year initiatives are focused on partnering with licensees and advisers to help grow the sector.<\/p>\n<p>TAL says the platform is one of three Professional Year initiatives it undertakes \u201c\u2026aimed at smoothing the path for more people to seek a career in the profession.\u201d<\/p>\n<figure id=\"attachment_64329\" aria-describedby=\"caption-attachment-64329\" style=\"width: 151px\" class=\"wp-caption alignright\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2023\/02\/Beau-Riley-TAL-Head-of-Sales-and-Partnerships-Retail-Distribution-2-e1682635903600.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-64329\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2023\/02\/Beau-Riley-TAL-Head-of-Sales-and-Partnerships-Retail-Distribution-2-e1682635903600-250x300.jpg\" alt=\"\" width=\"151\" height=\"181\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2023\/02\/Beau-Riley-TAL-Head-of-Sales-and-Partnerships-Retail-Distribution-2-e1682635903600-250x300.jpg 250w, https:\/\/riskinfo.com.au\/news\/files\/2023\/02\/Beau-Riley-TAL-Head-of-Sales-and-Partnerships-Retail-Distribution-2-e1682635903600-853x1024.jpg 853w, https:\/\/riskinfo.com.au\/news\/files\/2023\/02\/Beau-Riley-TAL-Head-of-Sales-and-Partnerships-Retail-Distribution-2-e1682635903600-768x922.jpg 768w, https:\/\/riskinfo.com.au\/news\/files\/2023\/02\/Beau-Riley-TAL-Head-of-Sales-and-Partnerships-Retail-Distribution-2-e1682635903600-1279x1536.jpg 1279w, https:\/\/riskinfo.com.au\/news\/files\/2023\/02\/Beau-Riley-TAL-Head-of-Sales-and-Partnerships-Retail-Distribution-2-e1682635903600-1920x2305.jpg 1920w, https:\/\/riskinfo.com.au\/news\/files\/2023\/02\/Beau-Riley-TAL-Head-of-Sales-and-Partnerships-Retail-Distribution-2-e1682635903600-350x420.jpg 350w, https:\/\/riskinfo.com.au\/news\/files\/2023\/02\/Beau-Riley-TAL-Head-of-Sales-and-Partnerships-Retail-Distribution-2-e1682635903600-1706x2048.jpg 1706w, https:\/\/riskinfo.com.au\/news\/files\/2023\/02\/Beau-Riley-TAL-Head-of-Sales-and-Partnerships-Retail-Distribution-2-e1682635903600-696x836.jpg 696w, https:\/\/riskinfo.com.au\/news\/files\/2023\/02\/Beau-Riley-TAL-Head-of-Sales-and-Partnerships-Retail-Distribution-2-e1682635903600-1068x1282.jpg 1068w\" sizes=\"auto, (max-width: 151px) 100vw, 151px\" \/><\/a><figcaption id=\"caption-attachment-64329\" class=\"wp-caption-text\">Beau Riley &#8230;in 2023, PY Manager supported 207 candidates and 602 total users<\/figcaption><\/figure>\n<p>Its other Professional Year initiatives include structured training through the TAL Risk Academy, and PY Community.<\/p>\n<p>The company says that PY Manager, which was launched in November 2022, \u201c\u2026provides a comprehensive solution for candidates, supervisors, and licensees to manage the requirements of the PY &#8211; allowing users to spend more time on career development and less on administration requirements.\u201d<\/p>\n<p>In 2023, PY Manager supported 207 candidates and 602 total users. Of these, 16 candidates completed their PY through the program.<\/p>\n<p>\u201cOver 100 Australian financial services licensees currently use the platform \u2013 a number that continues to grow.\u201d<\/p>\n<p>TAL General Manager, Retail Sales and New Business, <strong>Beau Riley,<\/strong> says TAL has \u201c\u2026invested considerably in doing more than providing education and industry updates, advocating for the value of a strong financial advice profession, and encouraging new entrants into the industry.\u201d<\/p>\n<p>He says the company is \u201c\u2026committed to growing the advice profession by providing the right education and support required to meet dynamic professional standards and regulatory requirements,\u201d which will mean more Australians will have access to high-quality financial advice.<\/p>\n<p>Riley adds that TAL is &#8220;&#8230;focused on partnering with licensees and advisers to help grow a thriving, professional financial advice sector.&#8221;<\/p>\n<p>\u201cSupporting candidates to meet their structured training requirements with assessments, and licensees with the PY criteria, is one of the ways we show our dedication to advisers\u2019 ongoing professional development. It is incredibly rewarding to see candidates from over 100 AFSL\u2019s using the PY Manager platform to complete their Professional Year.\u201d<\/p>\n<p>TAL\u2019s PY Community hosts monthly events with industry experts and leading advisers, and structured CPD training through the TAL Risk Academy hosted by TAL\u2019s technical team and guest presenters.<\/p>\n<p>The company says there were 1,163 Risk Academy course enrolments by PY candidates in 2023\u2013 growth of 168% in the past two years. The program offers all PY structured training requirements including an assessment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than 100 Australian financial services licensees currently use TAL\u2019s PY Manager platform, with the insurer noting its Professional Year initiatives are focused on partnering with licensees and advisers to help grow the sector. TAL says the platform is one of three Professional Year initiatives it undertakes \u201c\u2026aimed at smoothing the path for more people [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":69197,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,3],"tags":[],"class_list":["post-69192","post","type-post","status-publish","format-standard","has-post-thumbnail","category-company-news","category-general"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/69192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=69192"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/69192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/69197"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=69192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=69192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=69192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}