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
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.
A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December.
The Reserve Bank of Australia has delivered its first rate decision since the introduction of a new board structure last month.
Digital advice provider Otivo has launched an interactive tool, powered by artificial intelligence and Otivo’s own advice engine, to help answer client questions.