ACT planners feel undervalued
While two thirds of financial planners across the country feel valued by their employer - that is not the case for those in the ACT.
The Money Management Salary Survey found that half of ACT-based planners reported they did not feel valued by their employers, with a further 17 per cent unsure of how their bosses felt about them.
The finding contrasted with good vibes felt by those in Western Australia (78 per cent), Victoria (72 per cent) and NSW (68 per cent), who said they were valued by their employers.
Data from the survey also found that ACT-based planners were the most likely to be interviewing for new jobs (17 per cent), while the remaining 83 per cent reported that they would be "available to offers".
South Australia planners were the second most active job-hunters, with 13 per cent reporting they were interviewing for new roles, and six per cent said they had "put the word out" that they were looking to change jobs.
Despite reporting the second highest rate of feeling undervalued (25 per cent), no Tasmanian planner said they were actively looking for a new role, with just 25 per cent reporting they were open to offers.
Recommended for you
Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial.
Preliminary results from Wealth Data for the 2024 calendar year have unveiled which licensees reported the highest growth and losses in adviser numbers.
As Capgemini recommends artificial intelligence be used for hyper-personalised advice strategies, two professionals explore the impact it is having on advisory practices.
Insignia Financial has issued a statement to the ASX regarding a potential bid from a third global private equity business to acquire the firm.