ACT planners feel undervalued



While two thirds of financial planners across the country feel valued by their employer - that is not the case for those in the ACT.
The Money Management Salary Survey found that half of ACT-based planners reported they did not feel valued by their employers, with a further 17 per cent unsure of how their bosses felt about them.
The finding contrasted with good vibes felt by those in Western Australia (78 per cent), Victoria (72 per cent) and NSW (68 per cent), who said they were valued by their employers.
Data from the survey also found that ACT-based planners were the most likely to be interviewing for new jobs (17 per cent), while the remaining 83 per cent reported that they would be "available to offers".
South Australia planners were the second most active job-hunters, with 13 per cent reporting they were interviewing for new roles, and six per cent said they had "put the word out" that they were looking to change jobs.
Despite reporting the second highest rate of feeling undervalued (25 per cent), no Tasmanian planner said they were actively looking for a new role, with just 25 per cent reporting they were open to offers.
Recommended for you
Insignia Financial has returned to profit in FY25, after a $185 million loss in the previous year, while its advice division grew their revenue per adviser by 14 per cent.
With licensee switching on the rise, particularly for newer advisers, compliance expert Sean Graham has shared red flags to watch out for when making the jump between AFSLs.
Beyond their investment benefits, over a third of advisers say utilising managed accounts solutions has allowed them to take on more clients, according to Praemium.
Insignia Financial’s wrap platform has appointed Heidi Press, former HUB24 head of product management, to spearhead the design and delivery of the MLC Expand platform.