AMP has revealed it is funding a research fellowship in financial advice as part of its effort to raise professional standards in the industry.
Griffith University’s Business School has appointed Ellana Brand to the newly created position of research fellow, AMP said in a statement.
Ms Brand is a senior analyst with the Reserve Bank of Australia and was the recipient of the RBA’s Outstanding Achievement Award in both 2016 and 2017.
She will undertake research to expand the knowledge and understanding in areas such as the impact of financial advice, financial literacy, professional standards and regulatory reform.
AMP head of advice education, capability and careers, Rod Edge, said the company’s support of the fellowship demonstrated its commitment to raising standards in financial advice.
“We see the introduction of the new FASEA education standards as an important opportunity to lift the quality of financial advice and our collaboration with Griffith is central to that effort,” Mr Edge said.
“AMP believes that the demand for advice will only grow and that we must continue to develop a professional adviser force that helps our clients achieve their financial goals.”
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