AMP University Challenge opens
AMP is looking to promote a new generation of advisers to take the industry forward amid a growing need for high quality, professional advice with its University Challenge.
Any university and TAFE students could enter the challenge individually or as a team and try their hand at being a financial adviser and have a change to share $10,000 in prize money.
The first assignment was devising a financial plan for a hypothetical couple.
AMP Australia chief executive, Alex Wade, said: “Financial advice is a great career and can have a profoundly positive impact on the quality of life of those who receive advice.
“The AMP University Challenge is an ideal platform for talented students to showcase their capability and kickstart a career in the industry.”
The finals, to be held in October, would include a series of activities and quizzes to decide the ultimate winner.
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.
