{"id":64034,"date":"2022-12-23T08:36:45","date_gmt":"2022-12-22T21:36:45","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=64034"},"modified":"2022-12-23T08:38:41","modified_gmt":"2022-12-22T21:38:41","slug":"courses-helping-advisers-navigate-key-industry-changes-prove-popular","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2022\/12\/23\/courses-helping-advisers-navigate-key-industry-changes-prove-popular\/","title":{"rendered":"Courses Helping Advisers Navigate Key Industry Changes Prove Popular"},"content":{"rendered":"<p>Courses which focused on helping financial advisers navigate key changes in the industry, attracted the strongest enrolments throughout 2022 at the TAL Risk Academy.<\/p>\n<p>A statement from TAL says that in 2022, the TAL Risk Academy recorded:<\/p>\n<ul>\n<li>11,000+ course enrolments<\/li>\n<li>12,500+ CPD hours issued<\/li>\n<li>An average course satisfaction rating of 4.7 out of 5<\/li>\n<li>Over $50,000 in course fees donated to the Australian Business Community Network charity<\/li>\n<\/ul>\n<figure id=\"attachment_58675\" aria-describedby=\"caption-attachment-58675\" style=\"width: 151px\" class=\"wp-caption alignright\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2021\/11\/Niall-McConville-2021-e1671660396174.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-58675\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2021\/11\/Niall-McConville-2021-e1671660396174-250x300.png\" alt=\"\" width=\"151\" height=\"181\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2021\/11\/Niall-McConville-2021-e1671660396174-250x300.png 250w, https:\/\/riskinfo.com.au\/news\/files\/2021\/11\/Niall-McConville-2021-e1671660396174.png 331w\" sizes=\"auto, (max-width: 151px) 100vw, 151px\" \/><\/a><figcaption id=\"caption-attachment-58675\" class=\"wp-caption-text\">Niall McConville&#8230;life insurers have an important role to play in supporting advisers through education.<\/figcaption><\/figure>\n<p>TAL General Manager, Retail Distribution Individual Life, <strong>Niall McConville<\/strong>, says the financial advice industry has undergone significant change in recent years \u201c\u2026and life insurers have an important role to play in supporting advisers through education.\u201d<\/p>\n<p>He adds that for the financial advice industry the past year has been largely characterised by the changes to Income Protection products, alongside a spotlight on potential reform of the industry through Treasury\u2019s Quality of Advice Review, and this was reflected in adviser enrolments at the TAL Risk Academy.<\/p>\n<p>The courses with the highest attendance included:<\/p>\n<ul>\n<li>The Income Protection Masterclass, a practical course on the new Individual Disability Income Insurance (IDII) landscape<\/li>\n<li>A course on fee structures<\/li>\n<li>The most popular course, <em>The Adviser as Nostradamus<\/em>, which covered changes in the advice process and documentation, focusing on the Code of Ethics\u2019 requirement for advisers to consider clients\u2019 long-term interests<\/li>\n<\/ul>\n<p>McConville says that industry-aligned courses on topics ranging from the fundamentals of Income Protection, through to more in-depth case study analysis of emerging advice strategies, \u201c\u2026have enabled advisers to extend their knowledge and skill base while continuing to deliver value for their clients.\u201d<\/p>\n<p>He notes that in 2023 the Quality of Advice Review could lead to further change for the industry.<\/p>\n<p>\u201cWe encourage advisers to take the opportunity to catch up on CPD learning during the first few weeks of the year and consider undertaking courses required for the Professional Year.\u201d<\/p>\n<p>He adds that TAL is grateful for the adviser support of the the program and that &#8220;&#8230;through providing adviser education we can continue to support and build advisers\u2019 capabilities, ultimately contributing to improvements in the quality of advice for all Australians.\u201d<\/p>\n<p>The TAL Risk Academy Masterclasses attracts a small fee which TAL donates to charity partner the ABCN, with more than $50,000 donated in 2022. The insurer says these funds helped it reach a donation milestone of more than $800,000 in the past seven years to ABCN, supporting the education of Australia\u2019s future generations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courses which focused on helping financial advisers navigate key changes in the industry, attracted the strongest enrolments throughout 2022 at the TAL Risk Academy. A statement from TAL says that in 2022, the TAL Risk Academy recorded: 11,000+ course enrolments 12,500+ CPD hours issued An average course satisfaction rating of 4.7 out of 5 Over [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":64040,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,8,8269,248],"tags":[],"class_list":["post-64034","post","type-post","status-publish","format-standard","has-post-thumbnail","category-company-news","category-compliance-regulation","category-cpd","category-training"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/64034","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\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=64034"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/64034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/64040"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=64034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=64034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=64034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}