Risk, compliance professionals in high demand
Manpower Group’s 2019 Net Employment Outlook reported financial advice firms weren’t necessarily looking to expand their businesses right now, but wealth management job recruiter, SUPER Recruiter, has said risk and compliance officers are still in high demand.
SUPER Recruiters’ executive director, Sally Humphris, said the firm was experiencing the greatest demand from businesses seeking to acquire talented and experienced individuals in risk, compliance and governance functions, as well as data security.
“We can’t get enough professionals and are actively seeking well-experienced, proven people,” she said.
Humphris said the consequences of the Banking Royal Commission, combined with economic pressures and changing consumer preferences, meant that wealth managers required better risk and compliance insights.
Recommended for you
Advisers could find themselves unable to receive the fair market price of their advice as the Delivering Better Financial Outcomes legislation states superannuation trustees can reject deductions that are not charged on a cost basis.
Two advice professionals have shared five key takeaways as to how advisers can strengthen their communication with clients, especially at review time, in order to build deeper relationships.
The Financial Services Council has launched the Digital Advice Expert Group to support policy development around digital advice adoption and ensure greater accessibility for Australians.
MLC Asset Management’s managed account offerings have hit $2 billion in funds under management, underpinned by over half of financial advisers’ usage of the investment products.
