Financial planning jobs abundant

The six months ending July 31, 2006, has seen an 80 per cent increase in the number of jobs associated with financial planning in Victoria and Tasmania, according to the latest salary survey conducted by recruitment firm eJobs.

And as demand continues to outweigh supply for jobs in the industry, salaries are beginning to climb for less qualified candidates. The survey noted a number of employment opportunities offering a salary of $100,000 or more that did not require qualifications any higher than a PS 146 from potential applicants.

However, most financial planning jobs had salary levels of between $70,000 and $95,000 attached to them and were looking to attract candidates who were degree qualified, had a CFP designation and three to five years industry experience.

Salaries for paraplanners were generally in the band of $45,000 to $60,000, with the strongest demand for candidates who possessed between one and two years experience, which reflected a dip in job opportunities for senior paraplanners.

Paraplanning roles with larger salaries on offer, around $55,000, required applicants to be degree qualified, with some expecting candidates to have more than one years experience.

Entry-level roles for paraplanning were still proving hard to fill, with one position remaining vacant for four months.

During the six-month period client service officer jobs were generally offering remuneration levels of between $35,000 and $45,000. Most of these roles were looking for individuals with up to two years experience and a PS 146 qualification.