Initiative Launched to Attract Rural Advisers

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Fidelity Life and Farmers’ Mutual Group (FMG) are looking for two trainee financial advisers to join its rural scholarship programme, Career connect.

The FMG scholarships aim to encourage New Zealanders living in rural regions to consider a career as a financial adviser, and will cover the cost of the qualifications needed to practice.

FMG’s Chief Client Officer Glenn Croasdale says fostering new talent in the financial advice industry is important for the wider financial services sector.

FMG’s Chief Client Officer Glenn Croasdale
FMG’s Chief Client Officer Glenn Croasdale.

“We’re excited to be supporting two up and coming rural advisers through Fidelity Life’s Career connect programme,” says Croasdale.

“With many of New Zealand’s rural communities facing challenges, the need for good financial advice becomes ever more important. The more support we can provide our farmers and growers to help boost their financial resilience, the better.”

2,000 advisers gone

Fidelity Life Solutions Manager Sarah-may Butterfield says industry has been crying out for fresh talent for some time, and as the latest figures from the FMA show, the industry has contracted by around 2,200 advisers following the start of full licensing, so the time is right.

Fidelity Life Solutions Manager Sarah-may Butterfield
Fidelity Life Solutions Manager Sarah-may Butterfield.

“Career connect is all about attracting new talent to a career that’s purpose-led, dynamic and enables you to help your community, and we’re thrilled FMG shares our vision for the programme,” says Butterfield.

“Their two new rural scholarships are the perfect complement to our existing scholarships which aim to boost diversity in New Zealand’s advice industry.”

Applications for the July 2023 Career connect intake are open now, including five Fidelity Life scholarships to be awarded to applicants from groups under-represented within the financial services sector.

More information on the Career connect programme, including what to expect in becoming a qualified financial adviser, will be showcased at the Career connect online career evening on 4 April 2023.

To register and for more information on Career connect, including how to apply for the range of scholarships on offer visit Career connect.