Elders Financial Planning has announced it will be offering scholarships to its adviser network in light of the proposed reforms to educational standards to be decided by the Australian government.
“In light of the proposed legislation changes from Kelly O’Dwyer, we as dealer groups have to support our adviser networks in aligning themselves with new educational standards," Elders Financial Planning general manager Tony Beaven said.
“The feedback we have had from our advisers is that they’re unsure about which route to take in regards to aligning themselves with the proposed reforms, and there are also the additional costs to consider as well.
“We put an announcement out on Tuesday afternoon to our advisers asking them [that] if they wish to look at increasing their skill set and their educational standards they can apply to Elders," he said.
“A committee consisting of myself and two other advisers will review the applications and announce the successful advisers at our National Conference Day on the 24th and 25th of October.”
Mr Beaven said the scholarships are part of the firm’s wider commitment to and focus on adviser upskilling.
“We are also building a professional development focus where we will be linking in with TAL and utilising some of their webinar functionalities," he said.
“We will be conducting masterclasses through TAL where advisers will have the opportunity to achieve credit towards a Charles Sturt University professional program."
A Greens senator who was a key agitator for the royal commission has defended his reasoning in pushing for the inquiry, but conceded that it’s not c...
APRA’s sweeping changes to income protection policies are set to force more claimants back to work sooner, as the life insurance industry faces more...
The latest enforcement update from ASIC has noted that court cases brought by the regulator in the six months to December last year under its 'why not...