AMP stepping up recruitment
AMP is looking to increase the number of recruitments through its Horizons Academy in 2012, according to Horizons director Tim Steele.
The Academy will accept at least five intakes this year, and received 1261 applications for the first intake on 23 January this year, he said.
Steele described this as a strong number of applicants.
He said although some of these applicants weren't necessarily ready at the time to enter the academy, Horizons was able to put them in the talent bank and continue to work with them in order to determine what their education requirements would be to comply to gain entry in the future.
AMP is scaling up the number of financial planners it is recruiting this year, based on continuing success and demand for graduates and as a result of the broader licensee network of the AMP family.
The acquisition of the AXA network will not represent as big a factor in 2012 as it did in 2011, Steele added.
"Horizons' application numbers continue to delight us," he said.
"Graduates continue to do well and as such we continue to have high demand."
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.
