NAB launches uni research scholarship
National Australia Bank (NAB) Financial Planning has today announced an annual university scholarship program and academic research funding with four partner universities.
The scholarship would be awarded to a student active in a business-related undergraduate degree which majored in financial planning. It would offer $5000 toward studies.
NAB FP was also partnering with the Financial Planning Association (FPA) and the Financial Planning Education Council (FPEC) to contribute $10,000 towards academic research, focusing on customer experience and understanding more about barriers to seeking advice.
“We believe these scholarships and research will not only attract great emerging talent into the industry but ensure that more Australians can benefit from advice,” NAB Financial Planning general manager, Tim Steele said.
“By championing research in collaboration with our academic partners, we also hope the insights will be used to improve the work the industry does as a whole, and to help more Australians to access advice.”
NAB FP would also focus on increasing gender and cultural diversity and attracting talent from regional areas by targeting applicants from these demographics, it said.
“Financial advice contributes to the financial security and wellbeing of millions of Australians,” Steele said.
“There are many more in the community who could benefit from the help of a planner.”
AUTHOR
Hope William-Smith
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.
