NAB pushes planning career path

NAB Financial Planning will support the future of Australia's financial planning industry through a new university scholarship program and a commitment to academic research funding.

Four Australian universities will participate in the NAB Future Planners Scholarship program, assisting NAB Financial Planning's efforts in promoting financial planning as a career, increasing diversity and supporting professionalism.

Ten $5000 scholarships will be awarded to students undertaking a business-related bachelor degree majoring in financial planning. Recipients will also receive an invitation to a NAB FP professional development day and a mentorship with a senior NAB financial planner.

In partnership with the Financial Planning Association (FPA) and the Financial Planning Education Council (FPEC), NAB FP will also contribute $10,000 towards academic research focusing on the customer experience and achieving greater understanding of the barriers to seeking advice.

"Financial advice contributes to the financial security and wellbeing of millions of Australians, and there are many more in the community who could benefit from the help of a planner. We believe these scholarships and research will not only attract great emerging talent into the industry but ensure that more Australians can benefit from advice," NAB FP general manager Tim Steele said.

"By championing research in collaboration with our academic partners, we also hope the insights will be used to improve the work the industry does as a whole, and to help more Australians to access advice."

The campuses participating in the program are Deakin University, RMIT University, Griffith University and the University of Western Sydney, while particular emphasis will be placed on gender, cultural diversity and applicants from regional areas when selecting recipients.

Applications for the NAB Future Planners program are open until 5pm on 14 April 2017, with recipients to be announced in May.

Read more: AustraliaAustraliansNAB Financial PlanningDeakin UniversityFinancial Planning AssociationFinancial Planning Education CouncilGriffith UniversityNAB Future Planners ScholarshipRMIT UniversityTim SteeleUniversity of Western Sydney
Editor's Choice
New-York based financial firm Goldman Sachs is planning to launch an ETF which will invest in high-yield corporate debt, according to documents filed with the US Securities and Exchange Commission.
ALEX BURKE  |   12:59PM
Two Contango MicroCap (CTN) directors were removed following an extraordinary general meeting and a third resigned prior to resolutions being passed.
BT Financial Group confirmed its chief investment officer left the company "effective immediately."
Franklin Templeton Investments has launched its global online training portal for advisers in the Australian market.
Brought to you by
8 FEB 2017
This year marks the 23rd anniversary of the launch of Hunter Hall's Value Growth Trust, a fund that championed ethically-screened global equities investing in Australia. Since then, the fund manager has ...
Get it Daily
Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.
Pocket investment guides featuring adviser case studies and a glossary.
Investing trends and strategies from the industry’s thought leaders.
Putting the spotlight on investment products that matter.
Expert Feed
Christopher Page
A new era
After years of back and forth, the legislation to increase the professional standards of financial advisers has been passed. The new ...
Stephen Fay
Starting at the insurance base camp with focus on value
Insurance can be a complex beast, but in a period where its reputation may be strained it is all the more important to talk of some ...
Christopher Page
Redefining the family office
While the family office model has traditionally been the preserve of the ultra-rich, this may be changing very soon. Last week, Findex ...
Michelle Baltazar
Like rocket fuel to a Spaceship
When a superannuation fund calls itself a Spaceship and nobody bats an eyelid, you know you're entering a new era in retirement investing. Spaceship's ...
Featured Profile
Professional Subscription for $295
(inc GST) for 1 year.
FS Advice
The Australian Journal of Financial Planning.
Get the free iPad app
Download the Financial Standard iPad app for FREE.
Link to something R5PWhrgU