Financial planner shortages continue

recruitment/mortgage/director/

1 August 2007
| By Mike Taylor |

Employers in the financial services arena are focusing on candidates who can demonstrate job stability, according to the latest survey data released by specialist recruitment firm, Hays Banking.

Director of Hays Banking Nick Deligiannis said that financial services skills may be in demand, but the latest Hays Quarterly Forecast suggests that employers have become wary of candidates unable to demonstrate reasonable job stability.

“Many employers have invested time and resources in training new staff only to see them resign one year later to chase a higher salary elsewhere,” Deligiannis said.

“With a shortage of skills, retention is a focus for employers and they value those candidates with demonstrated long-term tenure on their CV.”

The Hays Quarterly Forecast has revealed that recruitment activity across the banking and finance industry remains very buoyant.

It suggests that demand continues to be high for experienced financial planners and superannuation fund administration specialists.

Elsewhere the Hays data suggests that demand also exists with respect to mortgage processing and credit assessment.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

6 days 8 hours ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks 6 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

2 weeks 4 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo