Future female planners flock to AMP uni competition
A record number of women competed for professional recognition and a cash prize in AMP's annual University Challenge.
Representing the changing demographics of the industry, 44 per cent of submissions were from women this year, up from 34 per cent the previous year, while 58 per cent of finalists were females, compared to 50 per cent last year, AMP Horizons Director Amelia Constantinidis said.
"Attracting and retaining top female talent is key to the continued success of the financial planning profession so the gender mix of this year's Challenge entrants is a positive sign," Constantinidis said.
The financial planning competition, which asks students to initially submit a scoped advice discussion paper based on a hypothetical case study, was taken out by students from Victoria's La Trobe University.
From 64 submissions, the top five teams gather in Sydney to compete for $5000 in cash and admission to the FPA National Conference and AMP Planner conference in Melbourne.
The winning team, comprised of Morgan Faye Remilton, Ruby Henderson and Aaron Day, received their award on Friday night at a ceremony in Sydney.
Recommended for you
With the highest number of candidates in a year sitting the latest financial advice exam, a surge of new entrants are expected in the coming weeks, according to Wealth Data.
AMP has launched a range of five diversified index managed portfolios on its North investment platform, targeting a younger client demographic.
An NSW adviser, who advised over 120 clients after falsifying her financial advice exam results, has been permanently banned by ASIC.
ASIC has released the results from the latest financial adviser exam, the first to be run since changes to its structure earlier this year.