AMP university challenge attracts record number of women

financial-planning/education/women's-wealth/

27 October 2015
| By Daniel Paperny |
image
image
expand image

The financial planning university challenge, run through AMP's Horizons program, has attracted a record number of female entrants this year, with the competition winners announced last night.

A total of over 360 students from Australia's leading universities registered for the AMP University Challenge for 2015, with 108 students progressing in teams or as individuals to develop a scoped advice paper in response to a hypothetical client scenario.

AMP Head of Advice Recruitment and Professional Development, Amelia Constantinidis, said it was encouraging to see more young women considering a career as a financial adviser.

"It's a profession that provides flexibility, intellectually stimulating work, the ability to start your own business and the opportunity to positively impact people's lives," Constantinidis said.

"The judges had a tough decision, with all finalists producing quality work. It's exciting to see the strong talent and commitment from Australia's younger generation looking to a career in financial planning. It's a positive sign for the future success of the industry."

Three finalist teams and two individuals were flown to Sydney yesterday to take part in the final challenge, which involved a multiple-choice technical quiz, as well as a discussion paper presentation before a panel of AMP coaches and judges.

Patrick Rowe, a student from Deakin University in Victoria, was awarded the top prize by AMP's director of channel services, Michael Paff, at a reception at AMP's Circular Quay office last night.

Rowe received a $4,000 cash prize together with registration to attend the 2015 FPA Professionals Congress in Brisbane, as well as attendance to the 2016 AMP Advice Summit in Adelaide.

Deakin University also received a $2,500 grant from AMP to put toward financial planning initiatives.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago

TOP PERFORMING FUNDS