Profusion to merge with recruitment partner Iscope


|
Financial services recruiter Profusion Group has announced that it will merge with its recruitment partner, Iscope.
Iscope was formed as a joint venture with Profusion in 2006 to increase Profusion’s service offering.
Iscope managing director Craig Michilis will become a partner in the merged group and will lead a team offering permanent and contract recruitment in operations and customer service.
Profusion chief executive Rod Jones said “the new team would now be able to offer greater capability across a range of job groups under one established brand”.
Jones said he expected significant growth in the business following a recovery in hiring in financial services.
“The reality we’re seeing now is that as business picks up, and employers began hiring, they’ve found they’re suddenly no longer in a buyer’s market.
“We believe quality candidates are once again picking and choosing between employers,” Jones said.
Recommended for you
With just over three weeks until the federal election, the FAAA has put a reduction in red tape and further support for new entrants on its priority list for an incoming government.
The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered.
Rather than taking a controlling approach, the latest generation of overseas private equity deals is helping advice firms to achieve their growth ambitions, three commentators have said.
Private wealth firm Fitzpatricks Group has appointed a newly created head of product, who previously spent 20 years at CFS, to bolster its range of investment options.