AMP increases education requirements for Adviser Academy


AMP has increased the educational standards to join its Adviser Academy ahead of its first intake next month.
Advisers looking to join the Academy will need to hold a degree equivalent, prior to commencing the six-week course through AMP Horizons.
The course provided in partnership with Griffith University includes three weeks of online learning and a three-week period at the Horizons campus in Sydney, followed by a full year of professional experience at an AMP-aligned practice.
AMP also announced a 50 per cent increase in the number of new student intakes, rising from four to six a year, in a move AMP Horizons head, Amelia Constantinidis, said would provide more flexibility for students to start at a time that suits them.
Under the redesigned course, employees who have worked for 12 months in an AMP-aligned practice will be awarded an education grant to pursue a Certified Financial Planner, Fellow Chrartered Financial Planner or Masters in Financial Planning qualification, to meed the group's minimum education standards of a post-graduate degree equivalent by 31 December 2019.
Recommended for you
Large wealth management players are increasingly taking an opportunistic approach to their M&A deals rather than a strategic one, while a fear of missing out is driving smaller players to consider selling up.
More than $2 billion in investment activity was recorded for Australian fintech firms last year, according to KPMG, with the GDG/Lonsec acquisition proving to be a notable deal in the second half.
Praemium has stated it is seeking accretive acquisition opportunities in the area of non-custodial solutions where it believes it can further grow its dominant market share.
Iress chief executive Marcus Price has shared how he is seeing “massive tailwinds” in financial advice in Australia, with the firm turning its attention to digital advice following the completion of its transformation project.