ANZ launches financial literacy program
ANZ and Victoria University have joined forces to provide financial literacy programs for residents in Melbourne’s western suburbs.
The university will train 50 staff from community organisations to deliver ANZ’s MoneyMinded financial literacy education program, which will be aimed at community groups that deal with refugees, teenagers and people with disabilities, or the unemployed.
The first course began this week with 20 employees from Distinctive Options, which provides support and employment services to adults with disabilities.
The participants are either carers of people with a mental disability, or work as employment agency staff for people with a physical disability.
A second group — the Norwood Association which supports people with disabilities — has also signed up for the course.
In addition to providing the MoneyMinded program, Victoria University will also conduct an assessment of the course and develop a version for not-for-profit organisations.
The program claims to be the first comprehensive adult financial education training developed to help community educators.
The Centre for Learning Innovation, together with the Australian Financial Counselling and Credit Reform Association, Financial Counsellors’ Association of NSW, Australian Securities and Investments Commission and ANZ, created the program.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
