Scorching jobs demand in Sunshine State
Queensland now has the second highest demand nationally for financial planning staff behind NSW following six months of record-breaking demand in the state, according to a survey by eJobs Recruitment Specialists.
The survey of demand in Brisbane and Regional Queensland in the 12 months to August 31 reveals Queensland now has 26.4 per cent of all financial planning industry roles.
This puts Queensland demand behind NSW/ACT, which accounts for 37 per cent, but ahead of Victoria on 22.8 per cent, WA on 8.1 per cent and SA on 5.7 per cent.
eJobs also projects the demand for staff will continue into September in Brisbane and Regional Queensland at “extremely high levels”, although a slight drop in job numbers is anticipated relative to those experienced leading up to the new superannuation rules deadline frenzy.
However, the survey predicts demand will continue to be stoked by the announcement by many financial planning institutions of expansion plans, said managing director Trevor Punnett.
“BankWest have said they intend recruiting large numbers of advisers on the Eastern Seaboard and both the AMP and CBA have announced new regional Centralised Paraplanning Hubs.
“With deeper pockets, these and other institutions will continue to provide tough competition for practices often looking to recruit from the same talent pool,” he said.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
