Video learning to boost adviser education


By Daniel Paperny

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No More Practice has unveiled a free online training portal for advisers and licensees, with a focus on providing comprehensive video learning modules for the financial planning sector.

The initiative, which the financial services education provider said was the first video-based training centre for the industry, would allow financial planners to track their own continuing professional development (CPD) training for the financial year and learn from some of the best fund managers and advisers in Australia and internationally.

No More Practice chief executive Vanessa Stoykov noted the new training centre was consistent with the firm’s vision of providing entertaining education for the advice community.

“This new training centre is a significant investment in professional advisers,” Stoykov said.

“We believe in supporting the educators as it’s advisers who will have the most impact on the lives of everyday Australians.”

The training centre would feature both CPD-accredited courses and programming, including No More Practice’s consumer-focused The Investment Series on Channel 9, which aimed to educate everyday Australians about the valuable role advisers and professional investors play in their financial futures.

Advisers on the portal would be able to share relevant lessons directly with their clients through No More Practice’s client tools page.

They would also be able to tap into regular legislative updates from FPA chief executive Dante De Gori, as well as a range of insights from leaders in the financial services sector, the firm said.

Currently, over 26,000 finance professionals subscribed to the No More Practice community, with its educational modules serving a variety of major licensees, including BT Financial Group, Westpac and Commonwealth Bank of Australia.

No More Practice managing director Marcus Field underlined the importance of advice professionals to Australia's long-term prosperity, saying it was important to be able to provide them with education that combined “great storytelling as well as technical expertise” to help them become the educators of tomorrow.

"Gone are the days where advisers and accountants are expected to suffer through the lowest-common-denominator learning,” Field said.

“We are providing a range of resources and courses to enable advisers to reach out to their clients with trustworthy, high-end education and continue their role of ongoing educator with scale across their client bases."

No More Practice’s training centre would also host several “deep-dive learning courses” in the coming months, concentrating on key areas of advice and practice management such as aged care and self-managed super funds to help advisers navigate incoming legislative reforms, the firm said.

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