Kaplan educates advisers on dementia


Financial advisers will have access to specialised content on clients with dementia to offer better services following a new partnership between Kaplan Professional and charity Dementia Australia.
The partnership would see specialist articles delivered through Kaplan’s flagship continuing professional development (CPD) platform, Ontrack, and include interviews from Dementia Australia and financial advisers who worked with people living with dementia.
Kaplan’s chief executive officer, Brian Knight, said given one in 10 people over the age of 65, and three in 10 over the age of 85 live with dementia, it would be beneficial for the Australian public for financial advisers to have a wider understanding of the condition.
“The figures suggest many more Australians and their families are going to need the specialist advice of a financial adviser who is not only aware of the impacts but has the confidence and knowledge to support their client,” he said.
Dementia Australia executive director, business development, Leanne Emerson, said people living with dementia needed the same support and understanding as anyone seeking financial advice, and advisers should have the confidence to support clients living with the condition.
Nearly 27,000 individuals viewed the first round of articles, which were made available in April, and more than 600 completed the CPD assessment component.
Recommended for you
A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rules.
Insignia Financial has experienced total quarterly net outflows of $1.8 billion as a result of client rebalancing, while its multi-asset flows halved from the prior quarter.
Prime Financial is looking to shed its “sleeping giant” reputation with larger M&A transactions going forward, having agreed to acquire research firm Lincoln Indicators.
An affiliate of Pinnacle Investment Management has expanded its reach with a London office as the fund manager seeks to grow its overseas distribution into the UK and Europe.