AMP launches new flexible financial planning program
For those unable to commit to the full-time 10-week program, AMP has launched a part-time paid financial planning training course to provide individuals with a flexible pathway into the profession.
The initiative, which forms part of AMP's Horizons Academy program, is currently being piloted in Brisbane, Melbourne and Sydney and involves two weeks full-time residential study at the Sydney academy, five weeks part-time practice placement at Horizons Financial Group in the candidate's home region, and one week full-time skills assessment to attain AMP representative status.
From there, the candidate will work part-time as an associate planner in Horizons Financial Group in their home region, with the first client contact established under the guidance of practice managers.
For the next seven months, the candidate will undergo a full-time or part-time professional year as a representative.
"Research shows there's been substantial growth in part-time work over the past 50 years across the board," AMP Horizons director Tim Steele said.
"Women constitute most of this growth, and they comprise three quarters of part-timers in Australia today, but they perceive the financial planning industry is not offering the flexibility that many need."
As well as encouraging more women to enter the financial planning industry, the program is also targeted at individuals seeking a greater work-life balance while they study, Steele said.
Recommended for you
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.
Licensee Centrepoint Alliance has shared its first half FY25 results with strong performance coming from the acquisition of Financial Advice Matters.
Professional services firm AZ NGA has announced a group chief financial officer, who previously spent six years as Fitzpatricks Financial Group’s CEO.
Clime’s disposal of advice licensee Madison “needed to happen yesterday”, managing director Michael Baragwanath has told Money Management, as he concludes a severe cost-out period at the business.
