WP TV

WP TV brings you closer to the industry's most influential leaders and thinkers. Click on the videos below to watch the interviews:

Showing 19 - 27 of 38

Growing need to attract more female advisers

Discussion around the gender imbalance in financial services is a mainstay on the agenda. However, with a growing number of women in the space, many believe the industry should be doing more to attract female advisers. On this week's Wealth Professional TV we speak to Deborah Kent of Integra Financial Services who believes that the benefits for women looking to get into financial services are many.
 
Video transcript below:
 
Anna Temple, Wealth Professional Online
Anna Temple:  Discussion around the gender imbalance in financial services is a mainstay in the agenda.  However, with a growing number of women in the space many believe the industry should be doing more to attract female advisors.  Deborah Kent of Integra believes that the benefits for women looking to get into financial services are many.
 
Deborah Kent, Integra Financial Services
Deborah Kent:  Financial planning is a great career path for women.  It’s, you know once you get into it, if you particularly enjoy dealing with people, it’s a career that can be very very rewarding.  It’s lovely to help people and get them on their pathway to financial goals.  It’s getting to know them, it’s also having, being part of a really vibrant and great industry.  I mean financial services is great, I mean I love financial planning, I love being an advisor and I certainly enjoy running my own business.
 
Anna Temple:  Kent feels that acknowledging women’s unique skill set is the best way to attract them into the industry.
 
Deborah Kent:  I think we need to continually promote the reason why women make good advisors and they do, because they have a lot of soft skills that sometimes don’t come easy to males and there is obviously a lot more women who are seeking financial advice and that is because we are seeing a lot more women out there who are single, women who are going through divorces, we see a lot more divorces and they tend to want to speak to a woman.  So we need to continually get that message out there, especially in the bigger licensees that they need to have that gender balance and put programs in place to attract women.
 
Anna Temple:  Kent says the industry needs to create specifically tailored support networks for women in considering this career path, something the AFA is looking to change with the launch of their ‘Inspire’ initiative later this month.
 
Deborah Kent:  There hasn’t really been anything that really captures, like what is it that women want to learn, how do they want to learn, what tools and what skills do they need to actually get themselves further up the line in whatever line of work they are, whether that be supporting staff or whether that be in a [power] planner role or whether that’s pushing through that barrier to say, can I actually be an advisor.  We are about to launch ‘Inspire’, which is a great initiative from the AFA, which is going to give them a lot of tools, tools such as mentoring, coaching, networking with women who are successful, which can be actually difficult because we do pick out these women in the industry and say, “hey they are great, look what they have done”.  Sometimes they are not accessible, you can’t get to them.  So we want to make those women accessible and we want to give a lot of other skills to women such as public speaking, communication, all those things that they need to really hone their skills to be the best that they can.
 
Anna Temple:  This is Anna Temple reporting for Wealth Professional Online.
  • Aged care advice in demand Aged care advice in demand (views 7625)

    Australia's population is ageing and with that comes a need for good advice. We speak to aged care specialist Brendan Ryan of Macquarie Bank about his area of expertise.

  • Invaluable client advice as budget looms Invaluable client advice as budget looms (views 7027)

    Financial planners are in overdrive as clients look for advice ahead of May's Federal Government budget. We speak to Andrew Zbik of Omniwealth on preparing for expected changes to superannuation.

  •  ASIC answers all of your FoFA questions ASIC answers all of your FoFA questions (views 8218)

    ASIC Commissioner Peter Kell talks to Wealth Professional journalist Donna Sawyer about FoFA and what you need to know about acting in your clients' best interest

  • Summer Series: Perfect your account management strategy Summer Series: Perfect your account management strategy (views 5489)

    Now is the time to get your sales and account management strategy in place for the year ahead. We speak to Doug Mathlin of FrontRunner Consulting Group for his top tips on getting it right.

  • How to be a wealth winner in 2013 How to be a wealth winner in 2013 (views 6944)

    It's been an eventful year for financial planners - and it's just a taste of what's to come. We speak to Mark Ballantyne of Financial Wisdom and Andrew Rocks of Announcer for their thoughts on the challenges you'll face in 2013 and how to come out on top.

  • Finance sector struggles to shake off 'man's world' image Finance sector struggles to shake off 'man's world' image (views 6108)

    The latest eFinancialCareers survey has found nearly two-thirds of the industry believe gender discrimination exists in the workplace - but is it a perception problem? We speak to George McFerran of eFinancialCareers and Nareen Young of Diversity Council Australia for their thoughts on workplace diversity.

  • How to sell your business How to sell your business (views 6495)

    The financial planning industry is gearing up for a mass exodus ahead of FoFA - but there are a few things you need to know if you're selling your business. We speak to Mike Stewart of Radar Results and Anthony Hunt of Hunts' Group for the dos and don'ts of the sale process.

  • Platforms weigh in on opt-in debate Platforms weigh in on opt-in debate (views 7931)

    Platforms move to lobby Canberra as consultation begins on opt-in. We speak to Connie Mckeage of OneVue and Kelly Power of BT for their thoughts on the proposed regulations and what planners can do to prepare for implementation.

  • Advisers angered by FSC proposed churning policy Advisers angered by FSC proposed churning policy (views 8747)

    The FSC's proposed churning policy has ignited a furore among financial planners who say it unfairly targets honest advisers. We speak to NSW AFA Director Marc Bineham and Sulieman Ravell of Funds Focus for their thoughts on the controversial proposal.