TAL launches natural disaster training course
As bushfires and floods affect the country, life insurance specialist TAL is launching a new course to help financial advisers support clients impacted by natural disasters.
As part of TAL’s Risk Academy, the course would focus on supporting customers who might be experiencing trauma or grief as a result of natural disasters.
The program would be delivered by Glenn Baird, TAL’s head of mental health, and Nicole Sadler, head of policy and practice at Phoenix Australia, who would run a question and answer session between advisers in during the course.
The not-for-profit internationally recognised Phoenix Australia specialised in research, policy and training programs in posttraumatic mental health.
Baird said dealing with the aftermath of natural disasters was incredibly difficult for those left with the task of rebuilding their lives.
“Studies show that those impacted can experience adverse changes to their mental health due to the stresses brought about by the effects of natural disasters on their income, accommodation or personal relationships,” Baird said.
“Financial advisers can play an important role in helping their impacted customers to deal with these challenges and TAL’s Risk Academy course will cover the ways that advisers can support these recovery efforts.”
Recommended for you
Insignia Financial has issued a statement to the ASX regarding a potential bid from a third global private equity business to acquire the firm.
More than 30 advisers fell off the FAR during the Christmas and New Year period, according to Wealth Data, with half of these coming from licensee giant Entireti.
With next-generation heirs unlikely to retain their family’s financial advisers after receiving an inheritance, Capgemini has explored how firms can work with younger generations to maintain a relationship.
The use of technology and data analytics will be a way for advice firms to grow in 2025, according to Adviser Ratings, with those who are using it successfully reporting 10 per cent higher profit margins.