Financial services jobs picking up



Employment sentiment is improving strongly in the finance, insurance and real estate sectors, according to the latest data released by employment service specialist Manpower.
The latest Manpower Employment Outlook Survey, released today, revealed that hiring intentions in the finance, insurance and real estate sector had risen by 22 per cent over the past quarter compared to just 14 per cent in the previous quarter.
Commenting on the data, Manpower Australia and New Zealand managing director Lincoln Crawley said that, overall, the seasonally adjusted Net Employment Outlook was at 22 per cent, up from 20 per cent in the previous quarter.
He said this was due to an increase in the proportion of employers planning to hire and a slight fall in the number planning to reduce head count.
Crawley said the outlook suggested it was going to be a balancing act for many of the industry sectors because they did not want to peak too early and hire before the demand was there but did not want to be left behind in the renewed race for talent.
Recommended for you
BT is to launch a new low-cost “Focus” investment menu for its Panorama platform this October, in partnership with Vanguard, seeking to compete with industry superannuation funds.
Net gains of financial advisers have already doubled since the start of FY25, according to this week’s Padua Wealth Data, with momentum gathering pace far faster than the previous financial year.
National advice firm MiQ Private Wealth has appointed a new chief executive to lead the business through a “transformative era” after penning a partnership deal with AZ NGA earlier this month.
WT Financial’s managing director, Keith Cullen, believes the firm’s Hubco model with Merchant Wealth Partners will be a “repeatable growth model” for the business as it scales its adviser numbers.