Deal increases Lifetime's reach - Good Returns
Upcoming changes to the Financial Advisers Act have prompted advice group Lifetime to partner with AMP to deliver more training options.
John Ashby, national sales manager of the Lifetime Group, said it had established an Academy of Learning and Development, for its advisers and support staff.
It will deliver training modules ranging from sales techniques through to business insurance.
"More importantly, it will provide the platform for people who wish to become advisers, as defined within the proposed changes to the Financial Advisers Act, to complete their Level 5 papers through the appropriate tertiary education facility."
Investment portfolios had a rather subdued month in September, capping off a very strong quarter driven by solid returns during the months of July and August. In fact, the US share market produced its best local currency quarterly return since 2013, with the S&P 500 up 7.2% for the September quarter.