Planners’ pickings in ‘buoyant’ job space


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.
Recommended for you
AFCA has confirmed United Global Capital’s membership of the body will not be extended to accept further complaints, avoiding a repeat of the Dixon Advisory scenario.
Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their approved product lists.
Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected.
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.