Mann on a mission to diversify financial advice

Mann says the industry desperately needs more diversity, particularly from women, Pasifika and Māori, so The Advice Hub is offering up to 100 fully paid scholarships  – particularly to those displaced by Covid – as a pathway into the financial services industry and to help uplift some of New Zealand's less affluent communities.

Mann says Covid-related job losses and career changes have caused an influx of Kiwi’s seeking personalised financial advice, and New Zealand doesn't have enough people qualified to deal with this influx.

Compounding the Covid issue is the looming Baby Boomer bubble of Kiwis about to leave the workforce and retire.

"The fact is that most financial advisers are middle-aged white men over 55, who will focus on the wealthy," Mann says.

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