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Young financial services executives have the opportunity to present their solutions to the challenges created by a changing industry via the IFSA/Deloitte Future Leaders Award.
The Investment and Financial Services Association (IFSA) and Deloitte have announced that applications are now open to those under the age of 30.
“We are looking to this new generation to consider some of the industry’s toughest issues, and to bring new thinking to a new decade,” said Sarah Woodhouse, leader of the Wealth Management practice at Deloitte.
She said pressing issues include those raised in the Intergenerational Report as well as the challenges of changing environmental, social and governance factors in the investment process.
IFSA chief executive John Brogden said the award recognises that younger people often approach issues from different angles, and need the opportunity to discuss their views.
“Too often in today’s society, we leave the big ideas and problem solving to senior executives running companies and institutions,” he said. “This award offers the opportunity for young Australians to present their ideas to senior industry leaders in a structured paper.”
Entrants will consider how to improve operations and investor experience in four key areas of the sector, including: demonstrating the value of life insurance; integrating environmental, social and governance factors into investment processes; measuring and comprehending risk; and improving engagement with superannuation.
The winner will be announced in October and the prize is an all-expenses-paid overseas study tour to share ideas with a Deloitte global leader.
