{"id":35425,"date":"2016-11-21T13:00:10","date_gmt":"2016-11-21T02:00:10","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=35425"},"modified":"2016-11-23T07:58:34","modified_gmt":"2016-11-22T20:58:34","slug":"nabfp-to-drop-advisers-in-advice-shake-up","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2016\/11\/21\/nabfp-to-drop-advisers-in-advice-shake-up\/","title":{"rendered":"NABFP to Drop Advisers in Advice Shake-Up"},"content":{"rendered":"

NAB Financial Planning will reduce its entry level adviser numbers by nearly two-thirds as part of realignment of its bank based advice business set to take place in February 2017.<\/p>\n

\"NAB<\/a>
NAB Financial Planning, General Manager, Tim Steele<\/figcaption><\/figure>\n

In a statement released via its website, NAB said the realignment would result in entry level adviser roles decreasing from 90 to 35. At the same time 30 new roles would be created within NAB FP which was also looking to grow its Senior Financial Planner network.<\/p>\n

NAB FP General Manager, Tim Steele<\/strong> said some of the affected advisers may be offered roles within other areas of NAB FP or supported in a move to the bank\u2019s self-employed franchise advice business.<\/p>\n

\u201cDecisions that affect our people are always the most difficult to make, but we expect that these 30 new roles and other available roles across the wider NAB Group will be attractive to many of the affected advisers, and will present opportunities for career progression and development,\u201d Steele said.<\/p>\n

The realignment follows an announcement in September that NAB had created a new Consumer & Wealth division and would invest $300 million into its Wealth business.<\/p>\n

Under the changes, NAB FP will offer enhanced support to its financial advice practitioners from both their leaders and support staff, and the leadership team will be aligned geographically.<\/p>\n

\u201cThe changes we\u2019re making demonstrate our commitment to face-to-face advice, and ensure we have a customer-focused business that\u2019s positioned for growth,\u201d Steele said.<\/p>\n","protected":false},"excerpt":{"rendered":"

NAB Financial Planning will reduce its entry level adviser numbers by nearly two-thirds as part of realignment of its bank based advice business set to take place in February 2017.<\/p>\n","protected":false},"author":3,"featured_media":35458,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,6],"tags":[4247],"class_list":["post-35425","post","type-post","status-publish","format-standard","has-post-thumbnail","category-company-news","category-dealer-groups","tag-feature"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/35425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=35425"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/35425\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/35458"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=35425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=35425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=35425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}