AMP Australia has replaced its planner training and development program with a new one which is based on a minimum degree standard.
The company said it would be a two to three-year program designed to interest a wide variety of candidates, including new university graduates, career changers and advice practice staff wanting to upskill.
It said AMP had leveraged its strategic partnership with Griffith University to build the new offering, and that candidates would need to complete Griffith’s financial planning skills course in their first year, which also provided credit towards the university’s FASEA-approved Master of Financial Planning qualification.
AMP Head of Advice Education, Capability and Careers, Rod Edge said the new Adviser Pathways was built to meet the evolving needs of customers, as well as advisers and advice practices.
“We’re seeing growing demand for financial advice from Australians so we’re strengthening and improving our learning and development proposition,” he said.
AMP NZ said it was not planning to follow suit. "Not at this stage," a spokesman said.
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