One of Australia’s biggest dealer groups is incentivising its advisers to get vaccinated as soon as possible as the latest COVID outbreak in Victoria worsens.
In a letter to advisers and staff on Monday, Synchron director Don Trapnell said the group would offer a $100 Bunnings gift voucher to those who got both doses of the vaccine.
“COVID-19 has had a devastating effect on the health and prosperity of the world and although Australia has been thankfully largely spared, we are not immune, as evidenced by the current outbreak and extended lockdowns in Melbourne,” Mr Trapnell said.
“Synchron’s directors and chair have each received the first dose of the vaccine and we will be proceeding to the second dose within the prescribed time frame.”
Mr Trapnell said advisers and staff would be awarded the vouchers if they presented a Medicare vaccination certificate or letter from their GP advising they had received their vaccine doses.
“This is a potential investment by Synchron in the health of its community of up to $50,000, but we consider it a matter of good corporate citizenship,” Mr Trapnell said.
“It is a small price to pay if it encourages our people to get vaccinated, and in the process contributes to the future ongoing health and prosperity of Australians, and helps restore the freedoms of Australia.”
He added that Synchron advisers should visit their doctor as soon as possible to find out which COVID vaccine was right for them.
“We understand that getting vaccinated takes time out of their day and away from their work, but we think it’s worth it,” he said.
Mr Trapnell’s comments come as 11 new cases of the virus were reported in Victoria on Monday, with Melburnians hoping stay-at-home restrictions will still be lifted by the end of the week.
The SMSF Association is the latest body to push for the inclusion of managed investment schemes in the CSLR; however, ...
While the rules around the tax deductibility of advice fees were technically updated in December 2023, the profession ...
Financial adviser at Complete Wealth, Dr Ben Neilson, explains how advisers have improved their perceived value over the ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin