AMP Flex Program (part-time program)


12 month program. 3 weeks of the 52 week program is in Sydney.

on successful completion eligible to join an AMP financial planning practice

Must have completed RG146 training including

	Financial Planning

	Life Insurance

	Superannuation

	Managed Investments

	Generic Knowlege and Skills



Skills and experience


	Excellent relationship-building skills, demonstrated via previous work experience

	A proven ability to proactively meet (and exceed) targets 

	A driver's licence and Australian permanent residency


Combination of Sydney-based training and home state training (3 days a week)

You'll be supported by tutors, financial planners and expert coaches who'll mentor you on how to 

excel in this exciting – and growing – industry. What's more, you'll be given the opportunity to 

offer advice to clients after a 10 week induction.

For the part-time program you follow the advisors then give advice yourself after week 20 (after week 10 for

	the full time program). You can convert to the full time program after week 20 without having to do 

	additional training.


In sydney there is an additional allowance of $420 a week. Hotels cost $300 to $700 a week and are within
	
	walking distance of the center.


You are supposed to have a car.

You'll receive a salary of $34,737 per annum (including 11.5% superannuation).

This is $31,154 a year or $551 a week after tax. Plus the pension this would be approximately $767 a week.


For the full-time program:

	there is an additional weekly allowance paid while relocating to Sydney
		for training, not sure about the part-time program.

	You are employed on a fixed-term 12 month contract while studying (includes annual leave 
		and sick leave)

	There are 4 intakes per year, one every 11 weeks.

	At the end of the 12 months the aim is to join a practice within the AMP network or

		start your own financial planning practice.

	After the 10 week training course (full time option) there will be nine months of

		on-the-job training with the AMP Horizons Financial Group (Horizons Practice).

		The Practice operates in Sydney, Melbourne, Adelaide, Brisbane and Perth

	After the 10 weeks you start seeing your own clients.


The Sydney center is near the St Leonards train station.


There are about 1,000 applications for each intake of 30 to 36 but lack of RG146 compliance is

the main reason for being filtered out. About 100 graduates per year.


Recruitment process (6 weeks approx)

	Online application

	Phone interview

	Online assesment

	Interviews

	Background checks

	Offer

Career Change Graduates:  Approximately half of the successful AMP Horizon candidates are drawn from the 
financial services sector with the other half coming from a range of sectors including Education, Defence and 
small business.


Demographics of AMP Horizon financial planning graduates

Age: Under 25 (13 per cent); 26-35 (45 per cent); 36-45 (27 per cent); 46+ (16 per cent)
Geography: NSW (52 per cent); QLD (12 per cent); VIC (24 per cent); SA (7 per cent); WA (6 per cent)
Gender: Male (73 per cent); Female (27 per cent)


Weeks 1-2: Two weeks full-time residential study at AMP Horizons in Sydney (must have completed two modules of 
	Diploma of Financial Services/RG146 compliance at this point).

Weeks 3 – 7: Five weeks part-time practice placement at Horizons Financial Group in candidate’s home region, 
	including structured learning and practice manager observations and mentoring.

Week 8: One week full-time skills assessment lab at AMP Horizons in Sydney to attain Representative status 
	(must have completed Diploma of Financial Services/RG146 compliance at this point).

Weeks 9 – 20: 12 weeks part-time Associate Planner placement in Horizons Financial Group in home region, 
	with first client contact established under the guidance of practice managers.

Further 7 months: Full-time or part-time professional year as Representative. The first intake of the new 
	program will start on 29 October 2012.