Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

NAB launches university scholarship

education education
Francesca Krakue 4 minute read

The big four bank has this week unveiled a scholarship program and academic research funding to support the future of the financial planning industry.

The ‘NAB Future Planners Scholarship’ was launched by NAB Financial Planning (NAB FP) along with four partner universities to “promote financial planning as a career path, increase diversity and support professionalism”.

The scholarship offers 10 $5,000 scholarships for financial assistance towards studies in financial planning, an invitation to the NAB FP Professional Development day and a mentorship with a senior NAB financial planner.

Speaking to The Adviser, Finance Made Easy director Tony Bice emphasised the benefit of being both a mortgage broker and a financial planner.

Advertisement
Advertisement

“With me you're getting the whole gamut and suite of product offerings and advice, so in other words I can take whatever a typical mortgage broker can do and I can take it to the next level,” he explained.

“It also adds to the value of your book... if I'm buying a mortgage book and I'm buying a mortgage book that's also got a financial planning book attached to it, I know which one has got the more value.

“As a mortgage broker that's also a financial planner, I also specialise in reviewing clients’ superannuation which is another benefit I bring to the table, and generally speaking I can save them money through minimising or reducing the fees they're being charged through their current super.”

In addition to the scholarships, NAB FP will also contribute $10,000 towards academic research in the industry, which will focus on the customer experience and understanding more about barriers to seeking advice.

NAB FP general manager Tim Steele commented: “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.

PROMOTED CONTENT


“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 scholarship recipients will be announced in May.

[Related: Financial advisers join forces with brokers]

NAB launches university scholarship
education
TheAdviser logo

Are you a new-to-industry broker in the process of growing your business? Then there’s some great news: The Adviser’s New Broker Academy is back in 2021 and will provide you with essential insights into cutting-edge tools, strategies and processes to fast-track to success. Don’t miss your chance to attend. To secure your FREE place, visit newbroker.com.au now!

education

 

more from the adviser
REA Group logo

Breaking News

Mortgage Choice, Smartline to run as one brand

The two brokerages will operate under one brand, effective in 202...

handshake news

Breaking News

COG makes acquisition moves

COG Financial Services has grabbed larger stakes in Westlawn and ...

money grants

Breaking News

SocietyOne doubles funding, launches secured loan to public

The personal lender has announced a $200 million warehouse facili...