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
ASIC data shows the number of smaller AFSLs with less than $50 million in revenue has increased by 25 per cent in the past year, but the regulator believes they are still under reporting breaches.
Former financial adviser and Coalition backbencher Bert van Manen has introduced a bill in Parliament, building on Michelle Levy’s good advice duty and calling for SOAs to be scrapped.
Following its recent partnership with Otivo, Colonial First State has now announced an arrangement with Viridian Advisory to offer unadvised members with one-off, topic-based financial advice.
Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand.
