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
Compared to four years ago when the divide between boutique and large licensees were largely equal, adviser movements have seen this trend shift in light of new licensees commencing.
As ongoing market uncertainty sees advisers look beyond traditional equity exposure, Fidante has found adviser interest in small caps and emerging markets for portfolio returns has almost doubled since April.
CoreData has shared the top areas of demand for cryptocurrency advice but finds investors are seeking advisers who actively invest in the asset themselves.
With regulators ‘raising the bar’ on retirement planning, Lonsec Research and Ratings has urged advisers to place greater focus on sequencing and longevity risk as they navigate clients through the shifting landscape.

