AMP increases education requirements for Adviser Academy
AMP has increased the educational standards to join its Adviser Academy ahead of its first intake next month.
Advisers looking to join the Academy will need to hold a degree equivalent, prior to commencing the six-week course through AMP Horizons.
The course provided in partnership with Griffith University includes three weeks of online learning and a three-week period at the Horizons campus in Sydney, followed by a full year of professional experience at an AMP-aligned practice.
AMP also announced a 50 per cent increase in the number of new student intakes, rising from four to six a year, in a move AMP Horizons head, Amelia Constantinidis, said would provide more flexibility for students to start at a time that suits them.
Under the redesigned course, employees who have worked for 12 months in an AMP-aligned practice will be awarded an education grant to pursue a Certified Financial Planner, Fellow Chrartered Financial Planner or Masters in Financial Planning qualification, to meed the group's minimum education standards of a post-graduate degree equivalent by 31 December 2019.
AUTHOR
Nicholas O'Donoghue
Recommended for you
ASIC believes advice licensees are the “first line of defence” when it comes to future product failures and is urging them to monitor their approved product lists.
Assistant Treasurer, Daniel Mulino, is keen to progress the second tranche of DBFO reforms, acknowledging it is hard for advisers to get the full picture of the legislation without both parts.
A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time this is believed to have occurred.
Pinnacle Investment Management has made a strategic investment in private capital investment firm FinCap to support a new managed accounts platform.
