Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Dealer groups pass the buck… err, briefcase

financial-planning/dealer-groups/professional-investment-services/PIS/

30 May 2002
| By Kate Kachor |

Australia’sfinancialservices industry is known for its competitive nature, its willingness to out wit, out perform and out launch its opposition. However, it seems out running could shortly be added to this list.

To mark the official opening of the Queensland chapter’s Financial Planning Week, four Queensland-based dealer groups swapped business meetings for a chance to compete in a briefcase relay.

The four teams — Professional Investment Services (PIS), QInvest, Barbacan Benefits and a combined team of Aylesbury Financial Group and Saville Securities — took to the pavement of Queensland’s Queens Street mall to compete in a 25 metre relay.

The teams, represented by six members each, had to run down the mall and pass a briefcase to another member of their team and then run back. Each team member had to continue running in the relay twice. In the end, Aylesbury Financial Group and Saville Securities finished victors.

A spokesperson for the Queensland Financial Planning Association says the event was just an opportunity to show planners are being humans, “through a fun event, where people in suits were actually making fools of themselves.”

According to the spokesperson, the briefcase relay went hand in hand with the chapter’s financial fitness test. The fitness test involved planners talking to members of the public about their ‘financial fitness’ and raising public awareness for financial planning.

In other more relaxed activities being held as part of the association’s main promotional week, a number of lunch time seminars and addresses were held in all the capital cities.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 1 day ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 4 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 4 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND