Financial services employment outlook good: Hudson
Despite widespread negative sentiment, employment expectations within the financial services industry remain positive, according to recruitment expert, Hudson.
Hudson's Employment Expectations report was released days after eFinancialCareers claimed 2012 could be a year of fear for financial services.
However, Hudson predicts a positive year for all industries, with 20 per cent of employers in the financial services and insurance sectors planning to increase their permanent headcount over the next year.
"In the financial services/insurance sector, specialist skills are highly sought after with financial planning, underwriting, mortgage lending, retail banking and sales skills remaining in demand," said Dean Davidson, national practice director for Hudson - accounting and finance.
"The banking sector is booting employment expectations as they look to increase permanent headcount in retail branches on the back of enhanced customer service offerings," Davidson said.
Despite a largely positive outlook, employer sentiment has slipped by 5.4 percentage points since the December 2011 quarter.
The most significant drop in financial services/insurance employer sentiment occurred in Victoria, where sentiment slipped 10.7 percentage points over the quarter and 18 percentage points over the year.
Recommended for you
The Australian financial advice industry has risen by more than 20 advisers this week, with nearly half joining WT Financial and Sequoia.
Two financial advice professionals have shared their tips for success when building an effective Professional Year program as more advisers look to bring on junior staff to their practices.
Numbers are in for 2024, with Wealth Data confirming how many advisers left during the calendar year and which business models saw the largest growth in terms of new licensees.
Praemium has seen its highest net inflows in over two years for Q2 FY25 as its Powerwrap platform returns to inflows after five consecutive quarterly outflows.
