The FPA will provide 38 scholarships valued up to $50,000 each over the next two years, which aim to encourage more women to pursue careers in financial planning or to “renew, upskill and refresh their skills”.
“We welcome the Government’s decision to roll out gender-friendly policies and programs, particularly programs that invest in women’s economic empowerment,” FPA chief executive Dante De Gori said.
“The FPA will be using this opportunity to further support, retain and attract women to financial planning as well as the broader economic and financial services industry.
“The appointment is a significant coup for the FPA, reinforcing the strength of the profession more broadly and recognition of the leadership the FPA has taken through its Women in Financial Planning program which was established to create more networking, mentoring and professional development opportunities specifically for women.
“Increasing the number of women in financial planning will not only grow the profession but also fill the unmet advice need in Australia which will help more consumers.
“This announcement is a great responsibility and privilege and we look forward to reviewing the applications once open in the second half of the 2021 calendar year.”
That is many fewer than I thought. Many people only need $10-20,000 to get through.