Future female planners flock to AMP uni competition


A record number of women competed for professional recognition and a cash prize in AMP's annual University Challenge.
Representing the changing demographics of the industry, 44 per cent of submissions were from women this year, up from 34 per cent the previous year, while 58 per cent of finalists were females, compared to 50 per cent last year, AMP Horizons Director Amelia Constantinidis said.
"Attracting and retaining top female talent is key to the continued success of the financial planning profession so the gender mix of this year's Challenge entrants is a positive sign," Constantinidis said.
The financial planning competition, which asks students to initially submit a scoped advice discussion paper based on a hypothetical case study, was taken out by students from Victoria's La Trobe University.
From 64 submissions, the top five teams gather in Sydney to compete for $5000 in cash and admission to the FPA National Conference and AMP Planner conference in Melbourne.
The winning team, comprised of Morgan Faye Remilton, Ruby Henderson and Aaron Day, received their award on Friday night at a ceremony in Sydney.
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.