TAL Risk Academy, the adviser education program of life insurance specialist TAL, has reported strongest uptake rates since it launched four years ago.
The record performance follows the introduction of the Risk Academy masterclasses in June to help financial advisers prepare for the Financial Adviser Standards and Ethics Authority (FASEA) examinations, attracting nearly 2,500 advisers and providing more than 12,000 CPD hours of education. The academy also launched this year courses to meet new FASEA CPD requirements.
Beau Riley, TAL head of licensees and partnerships, said the courses’ success was due to their product-agnostic nature, and the fact that they were designed to meet the needs of all advisers.
“We are extremely pleased with the positive responses from the adviser community,” Riley said. “This recognition encourages us to continue to provide the best support we can to advisers as they build their capabilities, which ultimately leads to improvements in the quality of advice for all Australians. The demand for this educational support will only grow in the new year and we will continue to support advisers by providing greater flexibility and a wider range of courses.”
TAL Risk Academy has also set up webinars to inform advisers about the latest updates around FASEA education requirements and seek their feedback around their priority focus areas for training and development.
TAL said it has donated a record $209,900 to non-profit organisation ABCN from the fees gained from the Risk Academy masterclasses. Through TAL Risk Academy, TAL is funding 14 of the 31 ABCN scholarships awarded in 2020.
The new TAL Risk Academy prospectus will be available for licensees and advisers from January.
