Financial planners across the country will be kitting themselves out in Lycra to cycle 1250km in support of disadvantaged young Australians.
Future2, the foundation of the Australian financial planning profession, has launched its inaugural Future2 Virtual Wheel Classic, and planners are being urged to sign up and cycle the distance for a good cause.
Cyclists are even allowed to cover the distance over 10 weeks as part of the Virtual Wheel Classic, which runs from 1 August. Participants can cycle in the gym or on the road and log their progress using Strava software.
Each Virtual Wheel Classic rider will be invited to set up a fundraising page with the aim of raising at least $300 – helping Future2 reach a $170,000 fundraising target set for this year’s event. If they raise more than $500, their registration fee of $100 will be refunded – or can be returned to Future2 as a tax-deductible donation.
The virtual ride was the brainchild of Think SMSF's Helen McCarthy.
“Helen is one the cyclists out there who really want to be involved and raise some money for Future2 but can’t join us in October”, said Ray Griffin, a founding trustee of Future2.
“She has already signed in as our first Virtual Wheel Classic rider and we hope her passion for cycling and desire to raise money for Future2 and disadvantaged young Australians leads the way for lots more to do the same."
Future2 Chair Steve Helmich said, “The cyclists who commit their time and energies to training and participating in the Future2 Wheel Classic – and the Virtual Wheel Classic – are not only making an important philanthropic contribution, they are fostering widespread respect and trust in the financial advice profession. We salute their efforts, and the individuals and businesses that have the vision to support them with donations and sponsorship.”
Registrations can be made online.