Planners’ pickings in ‘buoyant’ job space

financial-services-sector/financial-planning/financial-planners/

13 January 2015
| By Staff |
image
image image
expand image

Financial planners looking for new jobs are frequently receiving multiple offers, as banks vie for talent in a changing regulatory space, a survey has revealed.

As the financial services sector grapples with a number of changes to its landscape and operation, planners and paraplanners have come out winners in the recruitment stakes, with many in the institutional space signalling the desire to pad out their wealth management teams this year, according to Hays' quarterly recruitment survey.

And while the public sector increasingly moves towards casualisation, banks have increased their demand for permanent staff.

"Positive momentum in the market is expected to continue in the first quarter of 2015 as companies look for further investment and the banks shape their front and back office teams to match the level of work coming in," the survey stated.

Other high demand roles include risk professionals, who are often hired on 12 to 18 month contracts to help banks navigate through regulatory change.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 4 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3