Education standards rising: Survey
Growing numbers of financial planners are reporting that they have obtained a Post Graduate qualification, the Money Management Salary Survey reveals.
The 2016 survey, conducted in March, found that just 15 per cent of respondents reported that a Diploma in Financial Planning or high school was their highest academic achievement, compared with 18 per cent of respondents to the 2015 survey.
The latest data reported a five per cent increase in the number of planners holding either a Masters or Post Grad, since the 2015 survey was conducted in May of last year, with those working for aligned groups more likely to hold top tier academic qualifications (33 per cent) than those working for non-aligned practices (28 per cent).
Overall, female planners were more likely to hold a Masters (16 per cent) than their male colleagues (10 per cent), while one in five male respondents reported having a Post Grad, compared to 14 per cent of female respondents.
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