AMP has been helping Australians own their tomorrows—come rain or shine—for more than 160 years. The AMP Cancer Council Pro Bono Program is one way families affected by cancer can restore some peace to their lives during difficult times.
Cancer can be financially devastating to a family. The average cost of cancer can total 3.9 times the annual household income1.
In 2010, AMP partnered with Cancer Council NSW to deliver the AMP Cancer Council Pro Bono program. Through the Program, cancer patients who are unable to afford financial advice are able to benefit from the expertise of a qualified AMP financial adviser who donates their services free of charge—see some of our advisers below talk about how they’re helping people affected by cancer.
Since its inauguration, nearly 500 financial advisers from the AMP Group have offered their services to guide over 2,700 families affected by cancer through the complex financial issues that often accompany a diagnosis.
But financial advice can provide much more than you may expect.
One of the cancer patients assisted by the Program describes her experience; “It's a tremendous relief to know that someone is there helping you. The forms can be very daunting and (the adviser) has been helpful in calming our nerves and making everything easier for us."
Another’s testimony reads, "Thank you for your help. I feel calmer and supported after speaking to you. With so much happening all at once it becomes hard to know what to do next when you are so physically weak."
A battle with cancer often presents complex financial issues and with the help of an expert, solving these issues can be life-changing. AMP financial advisers work with cancer patients and their families by helping them to, among other things:
- Access Centrelink benefits
- Apply for early access to their superannuation
- Arrange payment of insurance benefits
- Develop a budget and ensure regular cash flow
- Plan for the financial future of their family.
1Report prepared for Cancer Council by Access Economics.